Affin Hwang | Feeder – Affin Hwang Dividend Value Fund

Affin Hwang World Series – Dividend Value Fund

Objective

The Fund seeks to achieve capital appreciation over medium to long-term period.

FUND INFORMATION

Fund Category

Feeder (Wholesale)

Launch Date

8 June 2015

Investors’ Profile

This Fund is suitable for investors who:‐

have long‐term investment horizon;
seek capital appreciation; and
have high risk tolerance.

Investment Strategy

The Fund will be investing in a minimum of 70% of the Fund’s NAV into the Target Fund and a maximum of 30% of the Fund’s NAV into money market instruments, fixed deposits and/or liquid assets.

The Manager may take temporary defensive positions that may be inconsistent with the Fund’s principal strategy by reducing its investment into the Target Fund and raise liquidity level of the Fund during adverse market conditions to protect the Unit Holders’ interest.

The Manager may use derivatives, such as foreign exchange forward contracts and cross currency swaps mainly for hedging purposes. Cross currency swaps and/or foreign exchange forward contracts may be used to hedge the principal and/or the returns of the foreign currency exposure of any of the Classes against the base currency of the Fund.

The Fund may also employ derivatives for investment purposes to enhance the returns of the Fund by taking a view on the underlying asset or currency and establish a long position to gain a specific underlying exposure. The Fund may also employ derivatives for investment purposes to enhance the returns of the Fund by taking a view on the underlying asset or currency and establish a long position to gain a specific underlying exposure.

Asset Allocation

A minimum of 70% of the Fund’s NAV to be invested in the Target Fund; and
A maximum of 30% of the Fund’s NAV to be invested in money market instruments, fixed deposits and/or liquid assets.

Minimum Initial Investment

RM Class	USD Class	AUD Class	SGD Class
RM30,000	USD10,000	AUD10,000	SGD10,000

Minimum Additional Investment

RM Class	USD Class	AUD Class	SGD Class
RM10,000	USD5,000	AUD5,000	SGD5,000

Minimum holdings of Units

RM Class	USD Class	AUD Class	SGD Class
60,000 Units	20,000 Units	20,000 Units	20,000 Units

FEES & CHARGES

Sales Charge per Unit	Up to 5.50% of the NAV per Unit of a Class.
Annual Management Fee	Up to 1.65% per annum of the NAV of the Fund calculated and accrued daily and is calculated using the Fund’s base currency.
Trustee Fee / Custodian fee	Up to 0.04% per annum of the NAV of the Fund, subject to a minimum of RM18,000 per annum or its equivalent in the base currency of the Fund, whichever is higher, calculated and accrued daily (excluding foreign custodian fees and charges) and is calculated using the Fund’s base currency.
Transfer Fee	RM 5.00 per transfer
Switching Fee	Switching between Class(es) of the Fund You are entitled to two (2) free switching transactions per calendar year per account. A switching fee of up to 1% of the NAV per Unit of the Class switched out from will be charged for any further switching transactions. Switching from this Fund into other funds managed by AHAM A switching fee of up to 1% of the NAV per Unit of the Class switched out from the Fund will be charged within the first six (6) months from the earliest date of your investment in the Fund. After the expiry of the first six (6) months, if the sales charge of the fund (or its class) that you intend to switch into is higher than the Sales Charge paid for the Fund, you will need to pay the difference between the intended fund (or its class) and the Fund. Conversely, no sales charge will be imposed on the intended fund (or its class) if it is less than or equal to the Sales Charge paid for the Fund. It is important to note that you are not entitled to any refund of the Sales Charge paid on the Fund, which exceeds that imposed on the intended fund (or its class).
Performance Fee and Hurdle Value	15% of the appreciation in the net asset value per unit in the relevant class in the relevant performance period of the Target Fund, calculated annually on a high‐on‐high basis. Each performance period corresponds to the financial year of the Target Fund. Where a performance fee is payable to the Target Fund Manager for a performance period, the net asset value per unit on the last valuation day of that performance period will be set as the high watermark for the next performance period.
Repurchase Charge	Nil