To reward the Unit Holders with a reasonable rate of return on income and to realise capital growth.
29 April 1993
This Fund is suitable for you if you:-
seek potentially higher returns relative to benchmark and are tolerant to market volatility;
have a medium to long-term investment horizon.
The Fund seeks to maximise total returns by providing investors with a combination of income and capital appreciation with investments in both equities and equity linked instruments listed on Bursa Malaysia, and fixed income instruments.
While the Fund’s main focus is to provide investors with exposure into equities, and equity linked instruments, the Fund may also include exposure into fixed income instruments during adverse market conditions to reduce the risk of the Fund. The selection of these fixed income instruments will be dependent on an internal credit selection process. The process will focus on issuers’ ability to meet their financial obligations, and offer highest safety for timely payment of interest and principal.
The Manager may invest in collective investment schemes that hold similar investment objective to the Fund.
To meet its objective, the Fund will also look at investing into equity linked instruments such as rights and warrants, as well as unlisted securities such as unlisted bonds, and Initial Public Offerings (IPOs). The Fund may invest up to 20% of its NAV in countries where the regulatory authorities are the ordinary or associate members of the International Organisation of Securities Commission (IOSCO). In selecting investments, emphasis is placed on the fundamental, technical and quantitative aspects.
Asset Allocation Strategy
The Fund aims to meet its objective by providing investors with exposure into the equity market. However, the Fund may increase its exposure into fixed income instruments up to a maximum of 30% should the Manager deem the equity market to be too volatile. Fixed income instruments are generally of lower risk compared to equities, thus the increase of fixed income instruments are done with the aim of reducing the risk profile of the Fund.
Temporary Defensive Measures
The Manager may take temporary defensive positions that may be inconsistent with the Fund’s principal strategy by raising cash levels or increasing the Fund’s asset allocation weighting in fixed income instruments, in attempting to respond to adverse conditions that may impact the financial markets.
Policy on Active and Frequent Trading of Securities
For the Fund’s trading policy, the Manager will maintain a core holding for the Fund, which it intends to hold over a medium to long-term investment horizon bias, which is similar to a buy and hold philosophy. At the same time, the Manager may also take advantage of prevailing market conditions to trade securities when opportunity arises to assist the Fund in meeting its objective.
% of the Fund’s NAV
Equities and equity linked instruments
70% to 99.8%
Fixed income instruments
Minimum Initial Investment
Minimum Additional Investment
FEES & CHARGES
Sales Charge per Unit
Up to 5.50% of the NAV per Unit. *Investors may negotiate for a lower charge.
The Sales Charge for investors purchasing Units through the EMIS shall be limited to a maximum charge of 3% of the NAV per Unit or as determined by the EPF.
Annual Management Fee
Up to 1.50% per annum of the NAV.of the Fund.
Trustee Fee / Custodian fee
Up to 0.08% per annum of NAV, subject to a minimum of RM18,000 per annum