Fund Manager:
DBS Asset Management

Fund Name:
Mendaki Capital Protected Fund

Launch Date:
2001

Screening (except economy):
Islamic Syariah fund

KEY Characteristics:
The fund or Dana Modal Terjamin Mendaki (DMTM) is a new capital-protected fund for the Muslim community. It invests mainly in government bonds, with global equities making up the rest of its portfolio. At the same time, the fund has its capital protection feature, which safeguards investors' initial investment until the fund's maturity in three years time. In line with its Islamic mandate, the fund manager refrains from investments into companies involved in businesses like in tobacco, alcohol or gambling.

Additional information:
http://www.dbs.com/newsroom/2001/press010815.html