Overview
Objective
To provide investors with a regular income stream and to attain medium to long-term capital appreciation through investing in high (and potentially high) dividend yielding equities (including foreign equities).
Price at Initial Offer Period is RM0.25 per unit.
Financial Year End: April 30
Distribution Policy: Annually, if any.
Investor Profile
Suitable for investors who:
- Conservative and prefer receiving regular and steady income in the form of distributions.
- Moderate risk appetite.
Strategy
The Fund will invest primarily in high dividend yielding stocks both in Malaysia and in Asian ex-Japan markets (the latter being subject to a maximum of 30% of the Fund size). The selection of appropriate equities will be driven by the Fund Managers's internal screening process whereby emphasis will be placed on the sustainability of dividends, price-to-earning ratios, gearing levels, historical volatility as well as liquidity.
Where in the opinion of the Fund Manager a defensive strategy is appropriate, up to 30% of the Fund may be invested in Malaysian fixed income instruments. For fixed income securities, the Fund will mainly invest in fixed income securities carrying a minimum credit rating of AA3/P1 (RAM or equivalent) to provide investors with a regular stream of income, while minimizing principal volatility.
Asset Allocation:
- Min 70% in Equities
- Max 99.8% in Equities
- Min 0.2% to 30% in Fixed Income Securities & Cash.
Fees & Transactions
| Fees & Charges | |
|---|---|
| Sales Charge | 5.50% |
| 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) | 1.87% |
| Transactions (Minimum) | |
|---|---|
| Investment | Initial: RM500 Additional: RM100 |
| Regular Investment | Initial: RM500 Additional: RM100 |
| Account Balance | 1,000 units |
| Switching | 1,000 units |
Investment Return
| Investment Return as at 2010-09-02 | |
|---|---|
| 3 Month Return | 9.45% |
| 6 Month Return | -15.50% |
| 1 Year Return | -11.01% |
| 3 Year Return | -0.32% |
| 5 Year Return | |
| Investment performance information as on bid to bid basis. Nett distributions reinvested. For reference only. | |
Downloads
| Fund Documents | |
|---|---|
| Prospectus | Refer to company website or branch office. |
Related Funds
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