RHB ASIA PASIFIC MAQASID FUND

Overview

Objective

The Fund’s objective is to invest in Shariah compliant securities in line with the “Maqasid” principle of Islam.  Maqasid means “goals” or “objectives” and in Islamic context, it can refer to the purpose of Islamic faith and part of Maqasid’s goal is preserving public good (Maslahah), whereby it looks at the public interest and welfare as a whole.

Initial Offer Period: 21 days commencing from Feb 22, 2010 at RM0.50 per unit.
Financial Year End: March 15
Distribution Policy: Distribution (if any) will be paid annually.

Investor Profile

Suitable for investors who are looking to invest into Shariah approved equities in the Asia Pacific ex Japan region.

Strategy

The Fund is an Islamic equity fund whose investment strategy is to invest in Shariah compliant securities based on the “Maqasid” principle with emphasis given on growth stocks to provide capital appreciation and high dividend yielding stocks to offer consistent realized income stream.

The Fund will invest in Shariah equity or equity related securities listed on the established stock exchanges in countries within the Asia Pacific region (ex-Japan) which include amongst others
China, Hong Kong, India, Indonesia, Korea, Philippines, Malaysia, Singapore, Taiwan, Thailand, Australia, New Zealand and such other countries which are deemed fit by the investment manager and permitted by SC from time to time.

Maqasid means “goals” or “objectives” and in Islamic context, it can refer to the purpose of Islamic faith and part of Maqasid’s goal is preserving public good (Maslahah), whereby it looks at the public interest and welfare as a whole.

Maqasid is classified into three main categories:
a) Daruriyyah (Necessities)
b) Hajiyyat (Requirements)
c) Tahsiniyyah (Beautifications)

These can be interpreted as providing and establishment of human welfare and removing hardship which refers to the provision for human needs and necessities.

For stocks listed in Malaysia, it will be selected based on the list of Shariah compliant securities by the Shariah Advisory Council of Securities Commission of Malaysia while for stocks not listed in Malaysia, it will be selected from DowJones Islamic Market Index and/or FTSE Shariah All World Index.

Asset Allocation:

• At least 70% of the Fund's NAV will be invested in equities;
• Minimum of 0.5% of the Fund's NAV will be in cash and cash equivalents.

Fees & Transactions

Fees & Charges
Sales Charge	5.00%
Redemption Fee	None
Switching Fee	None
Free Switches Yearly	N/A
Annual Management Fee	1.8%
Management Expense Ratio (MER)	%

Transactions (Minimum)
Investment	Initial: RM1,000 Additional: RM100
Regular Investment	Initial: N/A Additional: N/A
Account Balance	2,000 units
Switching	1,000 units

Investment Return

Investment Return as at
3 Month Return
6 Month Return
1 Year Return
3 Year Return
5 Year Return
Investment performance information as on bid to bid basis. Nett distributions reinvested. For reference only.