As posted before on Sukuk 1Malaysia 2010 (S1M 2010) , starting today 20th May 2010, fund subscription is opened to public. The subscription period is between 20th May to 9th June 2010.
If you are interested, make sure you subscribe quickly because the similar Sukuk Simpanan Rakyat (SSR) with bigger fund size launched last year was fully subscribed within 9 days. Assuming similar subscription rate, Sukuk 1Malaysia 2010 may be fully subscribed in 4 to 5 days.
The main different between S1M 2010 and SSR is you may sell or purchase after the subscription period subjected to fund availability. However, please bear in mind that any purchase made after the subscription period you will be charged 0.1% from purchase value.
If you want to know how to calculate profit made from S1M 2010, you may refer to the formula below.