The Fund endeavours to provide investors an affordable access into a diversified investment portfolio containing a balanced mixture of equities and fixed income instruments to achieve a balance of growth and income* over the medium to long-term period.
*Income distribution will either be made in the form of Units or in cash.
08 December 2014
The Fund may be suitable for investors who seek:
medium to long-term capital growth; and
regular income distributions.
To achieve its objective, the Fund will be investing in a balanced portfolio consisting equities, and fixed income instruments such as debentures, money market instruments, and deposits with Financial Institutions.
We will focus on companies that are able to provide growth potential over the medium to long-term investment horizon when investing into equities. While we typically actively manage the portfolio, we look to maintain some core holdings that are held over the medium to long term which is similar to a buy and hold strategy. We will also maintain a trading portion for the portfolio, which we use to take advantage of beneficiaries during prevailing market conditions with the aim of boosting the Fund’s performance.
To achieve its objective, the Fund will also have the flexibility to hold exposure in warrants, as well as collective investment schemes that have similar investment objectives to the Fund. The value of the Fund’s investments in these instruments will not exceed 30% of the Fund’s NAV.
The Fund will invest in Asia Pacific (ex Japan) countries where the regulatory authorities are the ordinary or associate members of the IOSCO. As the Fund remains primarily focused on investment opportunities within Asia Pacific (ex Japan), investments into global markets outside of Asia Pacific (ex Japan) will be capped to no more than 20% of the Fund’s NAV.
Temporary Defensive Position
We hold the option to take temporary defensive positions that may be inconsistent with the Fund’s principal strategy and asset allocation to protect the Fund against adverse market conditions that may impact financial markets. To manage the risk of the Fund, we may shift the Fund’s focus and exposure into lower risk investments such as deposits or money market instruments.
The Fund may employ derivative investments for hedging purposes by participating in instruments such as forward contracts and cross currency swaps.
These derivatives may be used to hedge the principal and/or the returns of the foreign currency denominated investments back to MYR. The employment of derivatives under these circumstances, is expected to reduce the impact of foreign currency movements on the Fund’s NAV. While the hedging strategy will assist with mitigating the potential foreign exchange losses by the Fund, any
The Fund’s asset allocation range are as follows:-
% of NAV of the Fund
40% to 60%
Fixed income instruments such as debentures, money market instrument and deposits with Financial Institutions
40% to 60%
Minimum Initial Investment
Minimum Additional Investment
FEES & CHARGES
Sales Charge per Unit
Up to 5.50% of the NAV per Unit of the Fund.
Investors may negotiate for a lower charge.
The Sales Charge for investors purchasing Units through the EMIS shall be limited to a maximum charge of 3% of the NAV per Unit or as determined by the EPF.
Annual Management Fee
Up to 1.85% per annum of the NAV of the Fund.
Trustee Fee / Custodian fee
Up to 0.06% per annum of the NAV of the Fund (excluding foreign custodian fees and charges).