The Fund endeavours to provide regular and steady income distribution over the long-term.
Mixed-Asset (Open-ended) EPF – MIS
18 March 2010
18 March 2011
The Fund is suitable for investors who:
want exposure primarily to AUD-denominated assets;
are relatively conservative with a bias towards receiving regular income; and
expect incidental growth in capital.
The Fund will focus on achieving its objective by investing in a diversified portfolio consisting a minimum 70% its NAV in fixed income instruments and money market instruments, and a maximum 30% of its NAV in equities.
As the Fund holds an AUD focus, we will maintain a minimum of 75% of the NAV of the Fund in AUD-denominated assets, and have the flexibility to invest the remaining in non AUD-denominated assets.
The Fund may employ derivative investments for hedging purposes by participating in instruments such as forward contracts and cross currency swaps.
The Fund may also invest into structured products such as but not limited to equity linked notes and credit linked notes. Investment into these structured products will provide the Fund with the exposure to the reference asset.
Temporary Defensive Positions
We hold the option to take temporary defensive measures that may be inconsistent with the Fund’s principal strategy, and asset allocation to protect the Fund against adverse market conditions. TO manage the risk of the Fund, we may shift the Fund’s focus into lower risk investments such as deposits with Financial Institutions or money market instruments.
% of NAV of the Fund
Fixed income instruments and money market instruments
Please note that the Manager will maintain a minimum of 75% of the NAV of the Fund in AUD-denominated assets and the remaining will be invested in non AUD-denominated assets. The Manager will also maintain a sufficient level of cash or cash equivalent for liquidity purposes.
Minimum Initial Investment
Minimum Additional Investment
FEES & CHARGES
Sales Charge per Unit
Up to 3.00% of the NAV per Unit of a Class. 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 1.50% per annum of the NAV of the Fund calculated and accrued daily using the Fund’s Base Currency.
Trustee Fee / Custodian fee
Up to 0.08% per annum of the NAV of the Fund calculated and accrued daily (excluding foreign custodian fees and charges) using the Fund’s Base Currency.