To achieve steady capital growth at a rate better than the average deposit rates over a long-term period by investing in a wide portfolio of authorised securities and other investments.
12 December 2001
The fund is suitable for conservative investors who are seeking a stable annual income with minimum risk to the principal.
As bond funds focus mainly on producing income rather than capital gains for investors, AHBF shall invest in a diversified portfolio of fixed income securities, money market and other permissible investments.
70% to 97% of the Fund’s NAV in bonds;
Minimum 3% of the Fund’s NAV in liquid assets.
Minimum Initial Investment
Minimum Additional Investment
FEES & CHARGES
Sales Charge per Unit
Up to 1% 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
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.