MONEY MARKET FUND

MIDF Amanah DL Fund

A capital guaranteed product that offers high liquidity and pro-rated cash returns

Who is it for?

Ideal for individuals and institutions looking for a safe place to invest their cash and earning a return before mobilizing the funds into higher earning solutions.

What does the fund invest in?

• Islamic deposits and money market instruments
• Short-term Sukuk

Benifits

• Pro-rated returns vis-à-vis fixed deposit placement
• Quick redemption ability (up to T+3)
• Nolock-up period

3.8%

YTD RETURN

3.8%

1-YEAR RETURN

4.0%

TARGET RETURN

MIDF Amanah DL Fund

Elevate your investment strategy while upholding stringent standards for capital stability.

Ideal for investors looking for capital preservation and short-term cash rates* that offer direct liquidity** (as opposed to 1-month FD type lock-in periods). Benefit from the Variable NAV per unit for clearer price discovery and transparency.  

*Near 1 month general FD rates
**T+1 to T+3, depending on cumulative redemption amount on T day

Highlights:

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Easy and quick redemption feature

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No lock-up period

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Daily Variable NAV, quarterly dividend distribution

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Funds provides capital preservation

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Fund Category: Islamic money market

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Fund Type: Income

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Objective: Provide investor with liquidity and return over the short to medium term while maintaining capital stability

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Approach: At least 90% of its NAV in short-team Islamic deposits and short-team Islamic money-market instruments, up to 10% of the fund's NAV will be invested in high quality short-term sukuk.

Fund Information:

Objective
: To provide a liquid cash management investment product for investors
Target Returns
: Maybank 1-month Islamic FD
Instruments
: Islamic Deposit and Islamic Money Market instruments
Volatility
: Not subject to negative fluctuations
Income Distribution
: Quarterly
For further information or to open your account, please contact:
Disclaimer - The information contained herein and, in the attachment, (s) is strictly for information only. Information provided herein including any expression of opinion or forecast has been obtained from or is based on sources believed by us to be reliable but is not guaranteed as to accuracy or completeness. The information is given without obligation and on the understanding that any person who acts upon it or changes his or her position in reliance thereon does so entirely at his or her own risk. Past performances are not indicative of future performance. The Information Memorandum dated 21 November 2023 has been lodged with the Securities Commission of Malaysia who takes no responsibility of its contents. Investors are advised to read and understand the Information Memorandum before investing.

The SC's approval or authorization, or the registration, lodgment or submission of the disclosure document or any relevant agreement or contract to the SC does not amount to nor indicate that the SC has recommended or endorsed the product or service.

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For more information

Click below to access and download the documents.
➜ Fund Fact Sheet➜ Prospectus