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.
Mixed-asset (Conservative) EPF – MIS
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 focus on achieving its objective by investing in a diversified portfolio consisting a minimum 60% of its NAV in fixed income instruments such as bonds, money market instruments and/or fixed deposits, and a maximum 40% of its NAV in equities.
As the Fund holds a Singapore Dollar focus, we will maintain a minimum of 75% of the NAV of the Fund in SGD-denominated assets, and have the flexibility to invest the remaining in non SGD-denominated assets.
The Fund also may invest into foreign markets where the regulatory authorities are the ordinary or associate members of the International Organization of Securities Commissions.
Derivative trades may be carried out for hedging purposes through financial instruments including, but not limited to, forward contracts, futures contracts and swaps. The intention of hedging is to protect the value of the asset from any adverse price movements.
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.
Please note that we will maintain a minimum of 75% of the NAV of the Fund in SGD-denominated assets and the remaining shall be invested in non SGD-denominated assets. We 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 subject to our discretion.
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
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.