The Fund seeks to achieve capital appreciation over medium to long term period through investments in China equities.
Feeder Fund (Wholesale)
11 July 2011
This Fund is suitable for investors who seek capital appreciation through investments in China equities, have high risk tolerance and long term investment horizon.
The Fund will be investing in a minimum of 90% of the Fund’s NAV into the Target Fund and a maximum of 10% 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.
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 changes are made.
A minimum of 90% of the Fund’s NAV to be invested in the Target Fund; and
A maximum of 10% of the Fund’s NAV to be invested in money market instruments, deposits and/or liquid assets.
Minimum Initial Investment
Minimum Additional Investment
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
The management fee is up to 1.80% of the NAV of the Fund per annum, and is calculated using the Fund’s Base Currency (before deducting the management fee and trustee fee). The management fee is accrued daily and payable monthly.
Trustee Fee / Custodian fee
The trustee fee is up to 0.05% per annum of the NAV of the Fund (excluding foreign sub‐custodian fees and charges), and is calculated using the Fund’s Base Currency (before deducting the management fee and trustee fee). The trustee fee is accrued daily and payable monthly. In addition to the annual trustee fee, the Trustee may be reimbursed by the Fund for any expenses properly incurred by it in the performance of its duties and responsibilities.
MYR 5.00 transfer fee will be levied for each transfer of Units.