The Fund seeks to achieve capital appreciation over medium to long term period.
18 January 2018
The Fund is suitable for you, if you:
seek capital appreciation through investments in global smaller company equities;
have a long term investment horizon; and
have a high risk tolerance.
The Fund will be investing a minimum of 80% of the Fund’s NAV into the Target Fund and a maximum of 20% of the Fund’s NAV into money market instruments, deposits and / or liquid assets.
We may take temporary defensive positions that may be inconsistent with the Fund’s principal strategy by reducing its investments into the Target Fund and raise liquidity level of the Fund during adverse market conditions to protect the Unit Holders’ interest. In raising the Fund’s liquidity level, we may also invest in collective investment schemes that are able to meet this objective.
We hold the discretion to substitute the Target Fund with another fund that has a similar objective with the Fund, if, in our opinion, the Target Fund no longer meets the Fund’s investment objective. However, this is subject to the Unit Holder’s approval before such change is made.
We may employ derivatives, such as foreign exchange forward contracts and cross currency swaps, mainly for hedging purposes. Cross currency swaps and/or foreign exchange forward contracts may be used to hedge the principal and/or the returns of the foreign currency exposure of any of the Class(es) against the Base Currency of the Fund. The employment of derivatives under these circumstances is expected to reduce the impact of foreign currency movements on the Fund’s NAV, irrespective of the currency classes. While the hedging strategy will assist with mitigating the potential foreign exchange losses by the Fund, any potential foreign exchange gains from the hedging strategy will be capped as well. The Fund may also employ derivatives for investment purposes to enhance the returns of the Fund by taking a view on the underlying asset or currency, and establish a long position to gain a specific underlying exposure. The types of derivatives envisaged for investment purposes include forwards and swaps which are OTC or traded on centralized exchanges.
A minimum of 80% of the Fund’s NAV to be invested in the Target Fund; and
A maximum of 20% of the Fund’s NAV to be invested in money market instruments, deposits and/or liquid assets
Minimum Initial Investment
Minimum Additional Investment
Minimum Units Held
FEES & CHARGES
Sales Charge per Unit
Up to 5.50% of the initial offer price of a Class during the initial offer period, thereafter, on the NAV per Unit of a Class.
Annual Management Fee
Up to 1.80% per annum of the NAV of the Fund.
Trustee Fee / Custodian fee
Up to 0.04% per annum of the NAV of the Fund (excluding foreign custodian fees and charges), and is calculated using the Fund’s Base Currency (before deduction the management fee and trustee fee).