What is Earning Rate?
Earning Rate is a projected/estimated gross return rate (excluding Management and Trustee fees) per annum for your investment in the United Islamic Cash Management Fund over the next 12 months.
For example,
| Earning Rate | 3.8% per annum |
| Fee Deduction | |
| Management Fee | (-) 0.5% per annum |
| Trustee Fees | (-) 0.025% per annum |
| Projected Net Earning Rate / Returns | 3.275% per annum |
Important Disclaimer:
- Please note that the earnings/returns mentioned above are projections and are subject to potential changes in Net Asset Value (NAV).
- Any investment involves risks, and past performances are not indicative of any guaranteed future results.