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AmIslamic offers islamic bond fund
Published on: Tuesday, February 14, 2012
Published on: Tue, Feb 14, 2012
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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.

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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

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