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Feeder Category

Affin Hwang World Series – European Unconstrained Fund


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Objective

The Fund seeks to achieve capital appreciation over medium to long‐term period through investments in European equities.

FUND INFORMATION
Fund Category Equity feeder (wholesale)
Launch Date 9 November 2015
Investors’ Profile The Fund is suitable for investors who:

  • have long‐term investment horizon;
  • seek capital appreciation through investments in European equities; and
  • have high risk tolerance
Investment Strategy The Fund will be investing in a minimum of 80% of the Fund’s NAV into the Target Fund and a maximum of 20% 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 holds the discretion to substitute the Target Fund with another fund that has a similar objective with the Fund, if, in the Manager’s opinion, the Target Fund no longer meets the Fund’s investment objective. However, this is subject to the Unit Holder’s approval before any such changes are made.

The Manager may use derivatives, such as foreign exchange forward contracts and cross currency swaps 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 employment of derivatives under these circumstances is expected to reduce the impact of foreign currency movements on the Fund’s NAV irrespective of the currency classes.

While the hedging strategy will assist with mitigating the potential foreign exchange losses by the Fund, any potential gains from the hedging strategy will be capped as well. 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 types of derivatives envisaged for investment purposes include forwards and swaps which are over-the-counter or traded on centralized exchange.

Asset Allocation
  •  A minimum of 80% of the Fund’s NAV to be invested in the Target Fund; and
  • A maximum of 20% of the Fund’s NAV to be invested in money market instruments, fixed deposits and/or liquid assets.
Minimum Initial Investment
EUR Class MYR Hedged-Class SGD Hedged-Class AUD Hedged-Class USD-Hedged Class
EUR 5,000 MYR 10,000 SGD 5,000 AUD 5,000 USD 5,000
Minimum Additional Investment
EUR Class MYR Hedged-Class SGD Hedgeed-Class AUD Hedged-Class USD-Hedged Class
EUR 1,000 MYR 5,000 SGD 1,000 AUD 1,000 USD 1,000
Minimum Units Held
EUR Class MYR Hedged-Class SGD Hedged-Class AUD Hedged-Class USD-Hedged Class
10,000 20,000 10,000 10,000 10,000
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 Up to 1.80% per annum of the NAV of the Fund
Trustee Fee / Custodian fee Up to 0.06% per annum of the NAV of the Fund or its equivalent in the Base Currency (excluding foreign custodian fees and charges).
Transfer Fee RM5.00 per transfer
Switching Fee There are two (2) types of switching facilities available for the Fund, which
are:‐
1) Switching between Classes of the Fund, and

You are entitled to two (2) free switching transactions per calendar year per account when switching between the Classes of the Fund, provided that you meet the minimum holding of Units requirements of the Class that you intend to switch into. 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.

2) Switching from this Fund into other funds managed by the Manager.

You are allowed to switch from the Fund into other funds managed by us provided that the currency denominated of the fund that you intend to switch into is the same as the Fund. 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 date of your investment. 

Performance Fee and Hurdle Value Nil
Repurchase Charge Nil
DOWNLOADS

Prospectus/ Info Memo

Supplemental Prospectus/ Info Memo

Product Highlights Sheet

Fund Fact Sheets

Annual Report

Quarterly Report

Brochure

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Affin Hwang AIIMAN Cash Fund 1

Affin Hwang Absolute Return Fund II

Affin Hwang World Series - European Unconstrained Fund

Customer Care
1800 88 7080 (Malaysia)
customercare@affinhwangam.com
+6012-606 8685 (WhatsApp)

LTAT Enquiries
1300 80 1188
khidmatpelanggan@affinhwangam.com

General Line:
+603-2116 6000
(International)

Associated Companies:

Affin Hwang Investment Bank Berhad
Nikko Asset Management Co. Ltd.
AIIMAN Asset Management Sdn. Bhd.

Affin Hwang Copyright © 2018 Affin Hwang Capital | Compliance | Disclaimer | Privacy Notice | Internet Risk | Sidrec

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The unit trust funds and wholesale funds published in this website is offered by Affin Hwang Asset Management Bhd to individuals and institutions in Malaysia and only be made available and offered in Malaysia.

These funds have been approved by, and the prospectuses / information memorandums have been registered and/or lodged with, the Securities Commission Malaysia, who takes no responsibility for its contents. The prospectuses / information memorandums should not be deemed as an offer to sell or a solicitation of an offer to buy units in the funds to any person in any jurisdiction, in which such an offer, solicitation, purchase or sale would be unlawful under the securities laws or relevant laws of such jurisdiction. Any issue of units to which the prospectus / information relates will only be made on receipt of an application referred to and accompanying a copy of the prospectus.

Investors are advised to read and understand the contents of the prospectus / information memorandum and supplemental thereto (if any) before investing. Among others, investors should consider the fees and charges involved. The price of units and distribution payable (if any) may go down as well as up. If in doubt, please consult a professional adviser.

Do note that the Prospectus and its Supplemental Prospectus (if any) and Information Memorandum are also available in hard copy form at all our branches and distribution points. However, should you have any further enquiries, please do not hesitate to contact us through our Toll Free Line at 1800-88-7080 or General Line at 03-2116 6000. You may also write to customercare@affinhwangam.com with your request or enquiries.

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