The fund’s deposits are invested with CIMB Islamic bank. CIMB Islamic is a multi-award winning, global Islamic banking and finance services franchise of CIMB Group.
The Crescent Wealth Islamic Cash Management Fund is available to retails investors in Australia and invests in in partnership with CIMB Islamic.
The Investment Team
CIMB are the fifth largest banking group in ASEAN, offering innovative and comprehensive Shariah-compliant financial solutions in investment banking, consumer banking, asset management, private banking and wealth management in 17 countries across ASEAN, Asia and beyond.
CIMB Islamic products and operations are managed in strict compliance with Shariah principles under the guidance of the CIMB Islamic Shariah Committee, which comprises the world’s leading Islamic scholars.
Who should invest?
The fund is suitable to those wanting a regular income style return with a professional and leading investment management team. Investors can invest directly, through self-managed super funds, family trusts as well as corporate entities.
Become an Investor Today
|Islamic Cash & Bonds|
|Investment Sub-Advisor||CIMB Islamic|
|Recommended investment Timeframe||1 year|
|Base Management Fee||0.55% p.a.|
|Minimum Initial Investment||$5,000|
|Minimum Additional Investment||Additional $200 (Regular Savings Plan also available: minimum $100)|
|Minimum Withdrawal||Minimum withdrawal: $1000.Must be all if Balance
is less than $2000.
|Liquidity (how quickly can you withdraw your funds)||3 – 5 days redemption period|
|Registration ID||ARSN:155403142, ABN:13994296635|
|International Securities Identification Number (ISIN)||AU60CFL00033|