The Fund seeks to provide investors with a regular income stream and liquid access to their investments.
Note : Any material change to the Fund’s investment objective would require Unit Holders’ approval.
Money Market Wholesale (open-ended)
21 September 2015
The Fund is suitable for investors who:
have a short term investment horizon;
want exposure into a portfolio of conservative investments; and
seek regular income distribution.
Please note that unlike fixed deposits which generally provide a guarantee on capital invested and carry a specific rate of return, this Fund does not provide guarantee on capital contributed nor does it guarantee a fixed rate of return.
The Fund shall invest in a diversified portfolio of debt securities, money market instruments, and fixed deposits with a maturity of not more than one (1) year. The Fund may also invest into debt securities, and fixed deposits with maturity period of greater than one (1) year, but not more than two (2) years.
The Fund asset allocation range is as follows:-
% of NAV
Debt securities, money market instruments and fixed deposits with maturity period of not more than one (1) year
Minimum of 70%
Debt securities and fixed deposits with maturity period of greater than one (1) year, but not more than two (2) years
Maximum of 30%
Minimum Initial Investment
Minimum Additional Investment
FEES & CHARGES
Sales Charge per Unit
Annual Management Fee
Up to 0.50% per annum of the NAV of the Fund.
Trustee Fee / Custodian fee
Up to 0.03% per annum of the NAV of the Fund its equivalent in the Base
Currency (excluding foreign custodian fees and charges).
A RM5.00 transfer fee will be levied for each transfer of Units.
Performance Fee and Hurdle Value
Frequency and Minimum Units Redeemed
There are generally no limits in the frequency of redemption. However, investors will be required to comply with the minimum units held (which may change at the discretion of the Manager).
Applications for repurchase must be submitted to the Manager on a Business Day by 11.00am.