The Fund seeks to provide both income and capital appreciation over the medium to long term by investing in equity or equity-linked securities of companies involved in infrastructure-related businesses, as well as real estate investment trusts (REITs), in the Asia Pacific (ex Japan).
25 April 2007
The Fund may be suitable for investors who have a medium to long-term investment horizon, seeks potential long-term income and capital growth and are risk tolerant.
To achieve the objective of providing both income and capital appreciation in the medium to long term, the Fund will invest in equity or equity-linked securities of companies involved in infrastructure-related businesses, as well as real estate investment trusts (REITs), in the Asia Pacific (ex Japan) region.
The Fund’s asset allocation is as follows: Equity or Equity-linked Securities (Minimum of 40.0% up to maximum of 59.8%), REITs listed or traded on a regulated market (Minimum of 40.0% up to maximum of 59.8%) and Money market instruments and liquid assets (Minimum of 0.2% up to maximum of 20.0%). The Manager will also maintain a sufficient level of cash for liquidity purposes.
Minimum Initial Investment
Minimum Additional Investment
FEES & CHARGES
Sales Charge per Unit
Maximum of 5.5% of the NAV per Unit
Annual Management Fee
1.8% per annum of the NAV of the Fund.
Trustee Fee / Custodian fee
Up to 0.08% per annum (including local custodian fee but excluding foreign sub-custodian fee) of the NAV of the Fund, subject to a minimum of RM18,000 per annum.
RM 5.00 per transfer
The Manager retains the discretion to charge a switching fee of maximum 1% of the NAV per Unit of the Fund.
Performance Fee and Hurdle Value
Up to 1% of the NAV per unit redeemed within the first 6 months from the date of investment by the Unit Holders. No Redemption Fee, however, will be charged during the cooling-off period.