Q4.
Are there any circumstances in which an individual is not allowed to invest?
Yes, a minor below 18 years old. He / she must invest as a designated account holder together with a first holder who is 18 years old or above.
Q6.
What will happen if the unitholder’s cheque payment is dishonoured / bounced / cancelled?
The company will notify the unitholder and his/her UT Adviser and the investment will be reversed and cancelled accordingly.
Q7.
What are the documents required for investment?
A first time investor is required to submit a duly completed fund application form and a photocopy of NRIC.
For subsequent investment in a new fund or for an additional investment, the investor is required to submit the Additional Investment Slip.
Q8.
How does an individual invest in MAAKL MUTUAL?
The prospective investor may contact our Customer Service Hotline at 03-2146 9581 or visit the nearest MAAKL MUTUAL branch office or contact me Saliza Salihuddin at slieza2711@gmail.com.
Q9.
Can a unitholder issue one cheque to invest into multiple funds?
Yes. A unitholder can issue one cheque for multiple funds and multiple accounts.
Q10.
What is the minimum and maximum amount to invest?
The minimum Initial and Additional investments are as follows:
Minimum nitial Investment - RM1000.00
Minimum Additional Investment - RM100.00
Minimum Additional Investment - RM100.00
* Applicable to MAAKL Value Fund, MAAKL Balanced Fund and MAAKL Equity Index Fund.
Q11.
Where can a unitholder find information regarding MAAKL MUTUAL funds?
For more details, kindly visit our website at www.maaklmutual.com.my to view our fund prospectuses or contact our Customer Service Hotline at 03-2146 9581.
Q11.
Where can a unitholder find information regarding MAAKL MUTUAL funds?
For more details, kindly visit our website at www.maaklmutual.com.my to view our fund prospectuses or contact our Customer Service Hotline at 03-2146 9581.
Q12.
Can a unitholder who has lost his two (2) hands invest?
Yes. He/She can provide a toe print or attach a photo of his/her disabled hands and get a witness to testify.
Can a unitholder who has lost his two (2) hands invest?
Yes. He/She can provide a toe print or attach a photo of his/her disabled hands and get a witness to testify.
Q13.
Can a unitholder invest online?
Yes. If he/she is an existing MAAKL MUTUAL unitholder with Maybank or RHB internet banking, he/she can invest via www.maybank2u.com.my or www.rhbbank.com.my
Can a unitholder invest online?
Yes. If he/she is an existing MAAKL MUTUAL unitholder with Maybank or RHB internet banking, he/she can invest via www.maybank2u.com.my or www.rhbbank.com.my
Q14.
What is the cut-off time for investment?
The cut-off time for submission of investment via service counter at MAAKL MUTUAL branch offices, MAA branches and servicing branches is 3.00pm and Investment via online (www.maybank2u.com.my or www.rhbbank.com.my) is 4.30pm.
What is the cut-off time for investment?
The cut-off time for submission of investment via service counter at MAAKL MUTUAL branch offices, MAA branches and servicing branches is 3.00pm and Investment via online (www.maybank2u.com.my or www.rhbbank.com.my) is 4.30pm.
Q15.
Is there any free insurance provided?
Yes. Applicable only to MAAKL Syariah Index Fund and MAAKL Growth Fund with a minimum Net Asset Value (NAV) of RM10,000.00.
Is there any free insurance provided?
Yes. Applicable only to MAAKL Syariah Index Fund and MAAKL Growth Fund with a minimum Net Asset Value (NAV) of RM10,000.00.
Q16.
Can a unitholder nominate a beneficiary for the Free Insurance?
Yes. He/She is required to fill in the beneficiary details at the “Beneficiary Column” of the Fund Application Form or Amendment of Unitholder’s Particulars Form for an existing investor.
Can a unitholder nominate a beneficiary for the Free Insurance?
Yes. He/She is required to fill in the beneficiary details at the “Beneficiary Column” of the Fund Application Form or Amendment of Unitholder’s Particulars Form for an existing investor.
Q17.
How is the price of my investment determined?
For applications received or deemed to have been received by The Manager before 3.00pm via service counter and 4.30pm via online (maybank2u.com) investment on any Business Day, units will issued at selling price (NAV) of the relevant fund calculated at the end of the Business Day (forward pricing) on which the applications were received.
Forward Pricing is the prices determined at the end of the Business Day at the close of Bursa Malaysia after the application to purchase units is received and accepted by the Manager.
How is the price of my investment determined?
For applications received or deemed to have been received by The Manager before 3.00pm via service counter and 4.30pm via online (maybank2u.com) investment on any Business Day, units will issued at selling price (NAV) of the relevant fund calculated at the end of the Business Day (forward pricing) on which the applications were received.
Forward Pricing is the prices determined at the end of the Business Day at the close of Bursa Malaysia after the application to purchase units is received and accepted by the Manager.
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