The Fund endeavors to provide steady income distribution* through investments primarily in SGD-denominated assets.
* Distribution of income can either be made in the form of Units or in cash.
01 August 2012
The Fund is suitable for you if you:-
want exposure primarily to SGD-denominated assets;
expected to receive steady income distribution;
have a moderate risk appetite; and
expect incidental growth in capital.
The Fund will provide access into a diversified investment portfolio consisting primarily SGD-denominated assets. The Fund’s investments in fixed income instruments would consist of mainly government and corporate bonds. It is envisaged that these investments would generate steady and regular income for the Fund. For money market instruments, the Fund will invest in Repo, deposits with financial institutions and commercial papers. In addition, the Fund will also invest in equities with the anticipation to gain income from dividends.
The Fund’s asset allocation range is as follows:
% of NAV of the Fund
Fixed income instruments and money market instruments
Minimum 60% to maximum 100% of the NAV of the Fund
Minimum of 0% to maximum 40% of the NAV of the Fund
Minimum Initial Investment
Minimum Additional Investment
FEES & CHARGES
Sales Charge per Unit
Up to 3.00% of the NAV per Unit of a Class
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
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.
RM 5.00 per transfer
There are two (2) types of switching facilities available for the Fund, namely 1) switching between Classes of the Fund and 2) switching between this Fund and other funds managed by us.
The fess applicable to each switching type have been set by us as follows:-
Switching between Class(es) of the Fund
You are entitled to two (2) free switching transactions per calendar year per account when switching between the Classes of the Fund. A switching fee of up to 1% of the NAV per Unit of the Class switch out will be charged for any further switching transactions.
Switching between this Fund and other funds managed by us so long as the currency denomination is the same.
A switching fee of up to 1% of the NAV per Unit of the Class switch out will be charged for switching out from the Fund to any other fund managed by us within the first six (6) months from the date of investment by the Unit Holders.