The Fund aims to provide regular income through investments predominantly in bonds.
This fund was closed for sale on 1 August 2014
1 July 2014
Suitable for investors who seek regular income distribution, have three (3) years investment horizon and have a moderate risk tolerance.
To achieve its objective, the Manager intends to invest a minimum of 80% of the Fund’s NAV in foreign and/or local bonds. The remaining balance of the Fund’s NAV will be invested in money market instruments and deposits. The Fund may also invest up to 40% of its NAV in unrated bonds or bonds which are rated below investment grade by Standard & Poor’s, Moody’s, Fitch, RAM, MARC or any other rating agencies.
Foreign and/or local bonds: Minimum of 80% of the Fund’s NAV
Money market instruments and deposits: Remaining balance of the Fund’s NAV
Minimum Initial Investment
Minimum Additional Investment
FEES & CHARGES
Sales Charge per Unit
Maximum 3.00% of the Offer Price per Unit of the Fund
Annual Management Fee
Up to 0.04% p.a of the NAV of the Fund, subject to a minimum of RM12,000 p.a. (excluding foreign custodian fees and charges)
A RM5.00 transfer fee will be levied for each transfer of Units.
Not applicable as the switching facility is not available for this Fund.
Performance Fee and Hurdle Value
3% from the Commencement Date up to the first (1st) anniversary of the Commencement Date.
2% from the Business Day immediately following the first (1st) anniversary up to the second (2nd) anniversary of the Commencement Date.
1% from the Business Day immediately following the second (2nd) anniversary up to the Business Day immediately prior to third (3rd) anniversary of the Commencement Date.