Published on: Tuesday, February 14, 2012
Kuala Lumpur: AmIslamic Funds Management offers AmIslamic Fixed Income Conservative, an Islamic bond fund which provides capital appreciation over the short-to-medium term.
The company said the fund would be invested in a portfolio comprising fixed-income instruments that complied with shariah principles.
AmInvestment Bank Group (Funds Management Division) chief executive officer Datin Maznah Mahbob said risk-averse investors looking to invest for stability in the current global uncertainties would find this fund most suitable as it has potentially higher returns than fixed deposit.
She said the fund's investments provide capital preservation while investors could invest in the fund with minimal cost as it has no entry and exit charges.- Bernama