Fund Information
| NAV Date | NAV per Unit (RM) | Change (RM) | Change (%) |
|---|---|---|---|
| 06 Nov 2026 |
Key Features
Fund Details
| The Fund | ARIM Steady Income I Fund (ARIM Steady-I) |
| Fund Category | Islamic Fixed Income (wholesale) |
| Fund Type | Income |
| Base Currency | MYR |
| Initial Offer Price | RM 1.0000 |
| Launch Date | 6 November 2025 |
Investment Objective
To provide its unit holders with a steady regular income.
Investment Policy and Strategy
The Fund aims to achieve its investment objective by allocating at least 30% of its NAV in Ringgit-denominated sukuk, such as sovereign, quasi-sovereign, and corporate sukuk directly or via Islamic CIS. The remaining NAV will be invested in Islamic money market instruments and/or Islamic deposits with Financial Institutions.
For rated sukuk, the Fund may invest in those with a minimum credit rating of “AA3” by RAM or its equivalent rating by MARC at the time of purchase. The minimum credit rating requirement shall not be applied to the Fund’s investment in sovereign and or quasi-sovereign sukuk.
In the event of a credit rating downgrade below the stipulated minimum rating, the Manager may dispose of the affected sukuk as soon as practicable. However, if such action may be detrimental to the Fund, the Manager may hold the affected sukuk until its maturity if it is in the best interest of the Unit Holders. A credit downgrade generally will have no impact on the sukuk upon its maturity if credit default does not occur.
The issuer’s credit rating assigned by a relevant credit rating agency may be used to determine the applicable credit rating for a sukuk when the credit rating of a particular sukuk is not available and the Manager is of the opinion that the issuer’s rating is a representation of the sukuk’s rating, i.e. in the event of any insolvency of the issuer, the sukuk of that issuer shall rank in equal seniority in rights of payment or claim with all other non-secured and non-guaranteed obligations of that issuer.
The Fund is actively managed. However, the frequency of its trading activities will depend on market opportunities as assessed by the Manager.
Fund Strategy
| Investor Profile | The Fund is primarily suitable for Sophisticated Investors who:
|
| Allocation Strategy | Sukuk (directly or via Islamic CIS): Minimum 30% of the Fund's NAV. Islamic money market instruments and/or Islamic deposits: Up to 70% of the Fund's NAV. |
| Minimum Credit Rating | AA3 |
Fees & Charges
| Annual Management Fee | 0.30% of the Fund’s NAV The Manager may charge a lower sales charge subject to qualifying criterion at its discretion. |
| Trustee Fee | 0.03% p.a. of the NAV of the Fund, subject to a minimum fee of RM10,000 p.a. |
| Sales Charge | Nil |
| Redemption Charge | Nil |
| Minimum Investment Amount | RM 10,000.00 |
| Benchmark | Maybank 1-month Islamic deposit rate. The risk profile of the performance benchmark is not the same as the risk profile of the Fund. |
| Financial Year End | 31 July |
| Trustee | PB Trustee Services Berhad |
| Shariah Adviser | BIMB Securities Sdn Bhd |
You are advised to read and understand the contents of the Electronic Information Memorandum & Product Highlight Sheet prior to investing in the Funds.
Information falling outside the designated area does not form part of the Electronic Information Memorandum & Product Highlight Sheet, and that the units are offered solely on the basic of the information contained in the Electronic Information Memorandum & Product Highlight Sheet.
Information Memorandum
The printed copies of the Information Memorandum ARIM Steady Income I Fund “ARIM Steady-I” dated 6th November 2025 (“Information Memorandum”) and Product Highlight Sheet of ARIM Steady-I, which have been duly lodged with the Securities Commission Malaysia.
Any issue of units to which the Information Memorandum relates will only be made on receipt of a completed application form referred to in and subject to the terms and conditions therein. Investment in the Funds are exposed to risk factors and specific risks as stated in Information Memorandum. Please refer to the Information Memorandum for the details of specific risks. Investor can obtain the Information Memorandum and Product Highlight Sheet at AmanahRaya Investment Management Sdn. Bhd. There are fees and charges involved when investing in the Funds. Investors should consider these fees and charges carefully prior to making an investment. Unit prices and income distributions, if any, may fall or arise. Past performance is not reflective of future performance and income distributions are not guaranteed. Investor are also advised to read and understand the contents of the Unit Trust Loan Financing Disclosure Statement before deciding to borrow for purchasing units.
ARIM Steady-I have been certified as being Shariah Compliant by the Shariah Adviser appointed for the Funds.
Additional Info:
Investment in AmanahRaya Investment Management Sdn Bhd (“ARIM") unit trust products can only be made in Malaysia.
The notices displayed are of the same size as the rest of the text in the internet site or electronic medium.
ARIM is responsible for the issuance, circulation and dissemination of the above Electronic Information Memorandum together with attachment of Application Form.
