BERNAMA Business/Finance

Thursday, June 19, 2008

Islamic Unit Trust Launch: PBSN

Permodalan BSN Launches Islamic Unit Trust Fund
PBSN has just recently launched their new islamic unit trust - Dana Al-Jadid. The fund is suitable for investors who have moderate to high risk tolerance. It is also meant for investors who prefer higher capital growth investments under syariah principles and have medium- to long-term investment horizons.

PBSN has appointed Prudential Fund Management Bhd as the external investment manager.

Minimum initial investment: MYR 500.00
Min. additional investment: MYR 100.00
Offer Period: 21 days since 18th June 2008
Offer unit NAV: MYR 0.25
Sales charge: Up to 3% of NAV
Type: Islamic balance fund

Source: Bernama; 18th June 2008

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