Fund Manager:
RHB Unit Trust Mgmt Bhd

Fund Name:
Dow Jones-RHB Islamic Index

Launch Date:
May-06

Screening (except economy):
Islamic Syariah fund

KEY Characteristics:
The fund aims to provide investors with an investment vehicle that closely mirrors the performance of the DJRII and is suitable for investors who want an investment that complies with the Syariah principles and who desire to benchmark the investment returns against the DJRII. The DJRII fund will track the performance of the DJRII by investing in its component stocks in accordance to the respective weighting of the respective constituents, aiming to remain fully invested in the equity markets at all times.

The fund is managed to ensure that three basic objectives are met, namely broad-based equity exposure, predictable variance around the benchmark and exposure at the lowest cost. The fund will be vigilantly monitored in terms of the balance inherent transaction costs and the portfolio's tracking errors against the backdrop of maintaining a comprehensive and diversified portfolio. This yields a sound balance between maintaining a properly indexed portfolio, while simultaneously increasing the unitholder's portfolio returns. Asset allocation: for equity (85%-97%), cash/cash equivalents (3%-15%).

Additional information:
http://invest.com.my/game/funds/fund-one?fund_id=441