Affin Hwang | Feeder – Affin Hwang World Series – Emerging Markets Short Duration Fund

Affin Hwang World Series – Emerging Markets Short Duration Fund

Objective

The Fund seeks to provide regular income over the medium to long term period by investing in a collective investment scheme, namely the Ashmore SICAV – Emerging Markets Short Duration Fund.

FUND INFORMATION

Fund Category

Feeder (Open-Ended Wholesale)

Launch Date

18 March 2019

Base Currency

USD

Investors’ Profile

The Fund is suitable for you, if you:

Sophisticated Investors who seek regular income through investments in hard currency
emerging markets securities with short duration;
have a long term investment horizon; and
have a moderate risk tolerance.

Investment Strategy

The Fund will be investing a minimum of 80% of the Fund’s NAV into the Target Fund and a maximum of 20% of the Fund’s NAV into money market instruments, deposits with Financial Institutions and / or cash.

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 or collective investment schemes.

We may substitute the Target Fund with another fund that has a similar objective with the Fund, if, in our opinion, the Target Fund no longer meets the Fund’s investment objective. However, this is subject to the Unit Holder’s approval before such change is made.

Derivatives
We may employ derivatives, such as foreign exchange forward contracts and cross currency swaps, mainly for hedging purposes. The Fund may also employ derivatives for investment purposes to enhance the returns of the Fund by taking a view on the underlying asset or currency and establish a long position to gain a specific underlying exposure. The types of derivatives envisaged for investment purposes include forwards and swaps which are OTC or traded on centralized exchanges

Asset Allocation

A minimum of 80% of the Fund’s NAV to be invested in the Target Fund; and
A maximum of 20% of the Fund’s NAV to be invested in money market instruments, deposits and/or cash.

Distribution Policy

Subject to the availability of income, the Fund endeavours to distribute income for the respective Classes in the following manner, after the end of its first financial year.

USD Class	Monthly basis
MYR Class	Monthly basis
MYR Hedged-class	Quarterly basis
SGD Hedged-class
AUD Hedged-class
GBP Hedged-class
EUR Hedged-class
RMB Hedged-class

Minimum Initial Investment*

USD Class	MYR Class	MYR Hedged-Class	SGD Hedged-Class	AUD Hedged-Class	EUR Hedged-Class	GBP Hedged-Class	RMB Hedged-Class
USD 5,000	MYR 5,000	MYR 5,000	SGD 5,000	AUD 5,000	EUR 5,000	GBP 5,000	RMB 5,000

Minimum Additional Investment*

USD Class	MYR Class	MYR Hedged-Class	SGD Hedged-Class	AUD Hedged-Class	EUR Hedged-Class	GBP Hedged-Class	RMB Hedged-Class
USD 1,000	MYR 1,000	MYR 1,000	SGD 1,000	AUD 1,000	EUR 1,000	GBP 1,000	RMB 1,000

Minimum Units Held*

USD Class	MYR Class	MYR Hedged-Class	SGD Hedged-Class	AUD Hedged-Class	EUR Hedged-Class	GBP Hedged-Class	RMB Hedged-Class
USD 1,000	MYR 1,000	MYR 1,000	SGD 1,000	AUD 1,000	EUR 1,000	GBP 1,000	RMB 1,000

If the balance of your investment (i.e. total number of Units) is less than the minimum holding of Units, you will be required to make an additional investment in order to meet the required minimum balance of investment. Otherwise, we may withdraw all your holding of Units in the Fund and pay the proceeds to you.

Minimum Units per Switch*

USD Class	MYR Class	MYR Hedged-Class	SGD Hedged-Class	AUD Hedged-Class	EUR Hedged-Class	GBP Hedged-Class	RMB Hedged-Class
10,000 units	10,000 units	10,000 units	10,000 units	10,000 units	10,000 units	10,000 units	10,000 units

* Subject to change at our discretion.

FEES & CHARGES

Sales Charge per Unit	Up to 3.00% of the initial offer price of a Class during the initial offer period, thereafter, on the NAV per Unit of a Class
Annual Management Fee	Up to 1.50% per annum of the NAV of the Fund.
Trustee Fee	Up to 0.06% per annum of the NAV of the Fund (excluding foreign custodian fees and charges).
Management Fee (by Target Fund)	Up to 1.30% per annum of the net asset value of the Target Fund. Please note that management fee will only be charged once at the Fund level. The management fee charged by the Target Fund will be paid out of the annual management fee charged by us at the Fund level. There is no double charging of management fee.

DOWNLOADS

Prospectus/ Info Memo

Product Highlights Sheet

Fact Sheet

Brochure

Affin Hwang World Series – Emerging Markets Short Duration Fund

Objective

Associated Companies: