Overview
Objective
The primary objective of MUTF is to achieve long-term capital income (over 5 years) and capital growth through a diversified portfolio of equity investments in larger capitalised stocks (prime focus on main board and liquid stocks).
Financial Year End: June 30
Distribution Policy: Annually, if any.
Investor Profile
Suitable for investors who:-
- are seeking a diversified portfolio of equity investment.
- are attracted to the share market by the prospect of capital gains and dividends but are discouraged by the need to be kept informed of market developments and constant monitoring of their investments.
- has an investment horizon of 5 years of more.
Strategy
MUTF invest primarily in blue chip and high growth stocks that can increase the potential for better long-term returns by focusing on corporations with the following characteristics:
Industry leader, good earnings track records, potential strong growth and strength of management.
In times of actual or anticipated stock market weakness, the equity portfolio may be reduced accordingly. There are, however, no restrictions on the proportions that can be held in fixed income investments.
The Fund's fixed income investments comprise short term Private Debt Securities (PDS) and money market instruments to achieve a prudent mix in the portfolio and also to provide a steady income stream.
The asset allocation between the various investment assets referred to above and the decision to invest, sell or trade is based on the decision of the Fund Manager who will adopt an active fund management approach.
Asset Allocation:
- Max 90% in Equities
- Min 40% in Equities
- Min 10% in Liquid Assets
Fees & Transactions
| Fees & Charges | |
|---|---|
| Sales Charge | 6.50% |
| Redemption Fee | None |
| Switching Fee | RM25 (Units switched are transacted at the targeted Funds NAV.) |
| Free Switches Yearly | N/A |
| Annual Management Fee | 1.5% |
| Management Expense Ratio (MER) | 0.97% |
| Transactions (Minimum) | |
|---|---|
| Investment | Initial: RM1,000 Additional: RM100 |
| Regular Investment | Initial: RM1,000 Additional: RM100 |
| Account Balance | 100 units |
| Switching | 1,000 units |
Investment Return
| Investment Return as at 2010-09-03 | |
|---|---|
| 3 Month Return | 9.43% |
| 6 Month Return | 10.11% |
| 1 Year Return | 21.43% |
| 3 Year Return | 3.22% |
| 5 Year Return | 39.18% |
| Investment performance information as on bid to bid basis. Nett distributions reinvested. For reference only. | |
Related Funds
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