The Fund aims to provide income through investments in fixed income instruments.
Fixed Income (close‐ended)
28 November 2016
This Fund is a close-ended fund which will mature on the third (3rd) anniversary of the Investment Date or such earlier date in accordance with the provisions of the Deed or subject to the Early Maturity feature.
Early Maturity Feature
An event where the Fund is unwound on or after the first (1st) anniversary of the Investment Date up to 30 days before the third (3rd) anniversary of the Fund’s Investment Date, subject to the Fund achieving early maturity requirements (please refer to the section “Pertinent Information of the Fund” in the Prospectus for further details).
This Fund is suitable for you if you:-
have three (3) years investment horizon; and
have a moderate risk tolerance.
To achieve its objective, the Manager intends to invest a minimum of 70% to a maximum of 99.80% of the Fund’s NAV in fixed income instruments and a minimum of 0.20% of the Fund’s NAV in liquid assets, derivatives, and/or structured products.
The Fund may also invest up to 40% of its NAV in unrated bonds or bonds which are rated below investment grade by Standard & Poor’s, Moody’s, Fitch, RAM, MARC or any other rating agencies.
Depending on the level of income the Fund generates, the Fund will provide distribution on an annual basis.
A minimum of 70% to a maximum of 99.80% of the Fund’s NAV will be invested
in fixed income instruments*; and
The remaining balance of the Fund’s NAV will be placed in liquid assets,
derivatives, and/or structured products.
Fixed income instruments means bonds and other forms of securitised debt, money market instruments and fixed deposits.
Minimum Initial Investment
Minimum Additional Investment
Minimum Units Held
FEES & CHARGES
Sales Charge per Unit
3.00% of the Initial Offer Price during the Initial Offer Period.
The Sales Charge is not negotiable.
Up to 0.20% per annum of the NAV of the Fund.
Up to 0.04% per annum of the NAV of the Fund (excluding foreign custodian fees and charges).
MYR 5.00 will be charged for each transfer of ownership
Not applicable as switching facility is not available for this Fund.