To generate capital growth over the medium to long term period through diversified investments of equities listed on Bursa Malaysia.
28 June 2011
Investors with a medium to long term investment horizon; or
Investors who seek potentially higher returns relative to benchmark and are willing to accept slightly greater fluctuations in value compared to other fund types such as bond fund and money market fund; or
Investors who want diversification from other asset classes such as fixed income securities or fixed deposits.
To provide investors the opportunity to participate in the Malaysian equity market. The Fund will be invested in various listed companies with growth potential over the medium to long term period.
The Fund is structured as an open-ended fund with a minimum allocation of 70% to 97% of the Fund’s NAV invested in Bursa Malaysia Main Market, with at least 40% of the Fund’s NAV in FTSE Bursa Malaysia KLCI components or dividend paying stocks. The remaining 3% of the Fund’s NAV will be invested in money market instruments for liquidity purposes.
To achieve the investment objective, the Manager’s investment approach is to invest in equities with a focus on those that exhibit above industry average earnings growth, has a leading competitive position and show potential for delivering superior returns within their peers in that particular industry. In determining whether a particular stock has a leading competitive position, the Manager’s approach is to look at the market share of that company within the industry and the competitive advantage of the company in terms of cost leadership, product differentiation and product benefits. In the assessment for the latter, the Manager puts high weightage to companies with cost leadership.
To this end, the Fund will be actively traded and the Manager will actively seek to add value by selectively over or under-weighting sectors in Bursa Malaysia Main Market to achieve out-performance against the Fund’s benchmark
70% to 97% of the Fund’s NAV in equities;
Minimum 3% of the Fund’s NAV in liquid assets
Minimum Initial Investment
Minimum Additional Investment
FEES & CHARGES
Sales Charge per Unit
Up to 5.5% NAV per Unit
Annual Management Fee
Up to 1.50% per annum of NAV
Trustee Fee / Custodian fee
Up to 0.08% per annum of NAV, subject to a minimum of RM18,000 per annum
Unit Holders may switch Units of the Fund to other Funds managed by the Manager, and vice versa. The Manager does not impose any administrative fee for switching. However, since switching is treated as withdrawal from one Fund and an investment into another Fund, the Unit Holders will have to pay the difference (if any) between the Sales Charge of these two Funds.