Fund Overview

MyETF Dow Jones Islamic Market Malaysia Titans 25 (MyETF-DJIM25)

Fund Objective

The Fund's objective is to closely correspond to the performance of the Benchmark Index, regardless of its performance. The Fund Manager attempts to achieve an absolute value of tracking error of less than 3% between the net asset value (NAV) of the Fund and the Benchmark Index. Ordinary brokerage commissions may apply.

Benchmark Index

The Benchmark Index, namely the Dow Jones Islamic Market Malaysia Titans 25 Index, is a market capitalisation weighted and free-float adjusted index provided by Dow Jones through the License Agreement.

The Benchmark Index was created on 18 January 2008 by Dow Jones and was constructed based on a reference value of 1000 as of 17 January 2008. The Benchmark Index consists of 25 Shariah-compliant securities of companies listed on Bursa Malaysia Securities Berhad, weighted by market capitalisation.

The universe for selection of the components of the Dow Jones Islamic Market Malaysia Titans 25 Index includes all equities in the Dow Jones Islamic Market Malaysia Index, an index comprised of Malaysia-based companies that comply with the methodology established by Dow Jones for screening stocks to comply with the Shariah principles.

DOW JONES IM INDICES
 

Fund Information
Asset Class Shariah-Compliant Equity
Benchmark Index Dow Jones Islamic Market Malaysia Titans 25 Index
Launch Date 21 January 2008
Base Currency Ringgit Malaysia (MYR)
Manager i-VCAP Management Sdn. Bhd.
Income Distribution Semi-Annual Distribution*
Creation/Redemption (unit block) 400,000 units (or whole multiples thereof)

*Subject to the discretion of the Manager.
 

Trading Information
Exchange Bursa Securities
ISIN MYL0821EA008
Stock Short Name MYETFDJ
Bursa Securities Code 0821EA
Bloomberg Ticker - Fund DJIM25 MK Equity
Bloomberg Ticker – Benchmark Index DJMY25 Index
Fees Information
Annual fees (chargeable to Fund):  
i. Management Fee 0.40%
ii. Trustee Fee 0.05%
iii. License Fee Total Annual Fees 0.49%**
Transaction Charges (chargeable to Investor):  
Trading charges Brokerage rate and other incidental charges