To generate capital growth over the medium to long term period through diversified investments of equities listed on Bursa Malaysia.
28 June 2011
This Fund is suitable for you if you:-
have a medium to long-term investment horizon;
seek potentially higher returns relative to benchmark and are tolerant to market volatility
To provide investors the opportunity to participate in the Malaysian equity market, the Fund will be invested in a portfolio of listed companies with growth potential over the medium to long term period. The Fund is structured as an open-ended fund with equities and equity linked instruments investments as its focus. A minimum allocation of 70% of the Fund’s NAV invested into companies listed on Bursa Malaysia. The balance of the Fund’s NAV may be invested in fixed Income instruments which include money market instruments and fixed deposits while waiting for opportunities in the equity market. Investments made into fixed income instruments will be primarily made 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 objectives to the Fund’s investment objective.
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).
Usage of Derivatives
Derivative trades may be carried out for hedging purposes, through financial instruments including, but not limit to, forward contracts, futures contracts and swaps. Future and forward contracts are generally contracts between two parties to trade an asset at an agreed price on a pre-determined future date. Swaps, whereas, is an agreement to swap or exchange two financial instruments between two parties.
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 & equity linked instruments
70% to 99.8%
Fixed income instruments
Maximum of 30%
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 Sales Charge.
The Sales Charge for investors purchasing Units through the EMIS shall be limited to a maximum charge of 3.0% 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 of the Fund, subject to a minimum of RM18,000 per annum.