MyETF-DJIM25 (”Fund”) is a national ETF and also the first Shariah ETF in Asia.

The Fund is a listed index-tracking unit trust fund which invests in a portfolio of securities designed to provide investment returns that closely correspond to the performance of the Dow Jones Islamic Market Malaysia Titans 25 Index (“Index”). A description of this Malaysian-equity-based index can be found in the Fund’s prospectus issued on 21 January 2008. The prospectus can be viewed in the Prospectus Section of this website or a printed copy can be obtained from i-VCAP Management Sdn. Bhd. (“i-VCAP”)’s office. 

Securities that make up the Index represent securities of Shariah-compliant companies from diverse industries and are listed on Bursa Malaysia Securities Berhad (“Bursa Securities”).  

The growth in demand for Shariah compliance investment products in Malaysia specifically, and across the world generally, presents i-VCAP with an opportunity to introduce Asia’s first Shariah ETF.

The launch of MyETF-DJIM25 heeds the Government’s call to enhance Malaysia’s position as a regional Islamic financial hub. It was also intended to promote greater interest in Malaysian equities amongst local and foreign investors and boost liquidity in the country’s equity market.

i-VCAP, incorporated on October 25, 2007, is a holder of the Capital Markets Services Licence (“CMSL”) issued by the Securities Commission under the Capital Markets & Services Act 2007. Its principal business activity is the provision of investment management services. i-VCAP is the manager of MyETF-DJIM25.

First and foremost, i-VCAP’s role is to manage and administer the MyETF-DJIM25. i-VCAP is working together with BNP Paribas Asset Management Malaysia Sdn. Bhd.  as the Technical Advisor, Deutsche Trustees Malaysia Berhad as Trustee, CIMB Islamic Bank  Berhad as Shariah Advisor, CIMB Investment Bank Berhad and OSK Investment Bank Berhad as Participating Dealers, and Dow Jones & Company, Inc. as Index Provider to the Fund.

An investment in the units of MyETF-DJIM25 allows investors to gain immediate access to a basket of well-capitalised and liquid Malaysia-listed Shariah-compliant stocks, instead of buying individual shares of the index constituents. It also allows investors to gain exposure to a basket of securities via a single purchase or transaction and provides investors with immediate diversification of investment. 

MyETF-DJIM25 trades on Bursa Securities in the same way as other publicly listed companies. The buying and selling of MyETF-DJIM25 units can be conducted through any broker during normal trading hours. Similar to listed shares, the ETF is traded in a board lot size of 100 units.

MyETF-DJIM25 was listed on the Main Board of Bursa Securities on 31 January 2008. Investors may access information on the unit price of MyETF-DJIM25 from Bursa Malaysia’s website or from any other stock quotation systems. Investors may also obtain information on the Indicative Optimised Portfolio Value (IOPV) per unit on a real-time or near real-time basis from any stockbrokers or dealers.  

Like any other ETF, the investment returns generated by the Fund will generally correspond with the performance of its benchmark index, which in this case is the Dow Jones Islamic Market Malaysia Titans 25 Index.

The performance of the Fund may not closely track the performance of the Index. Investors should monitor the Fund’s performance to ensure the fund manager maintains a low tracking error relative to the Index. 

As MyETF-DJIM25 is an equity-based ETF, investors are subjected to general stock market volatility. Investors can reduce this risk through suitable asset allocation for their total investments.