Overview
Objective
To maximise total investment returns consisting of a combination of interest income, capital appreciation and currency gains. The portfolio will seek to achieve this objective by investing principally in fixed or floating rate securities and debt obligations issued or guaranteed by the major OECD governments or supranational entities such as the World Bank (at least 60% of the portfolio) and in other high quality bonds denominated in freely convertible currencies. Permitted currency hedging techniques will be used when appropriate.
Price at RM1.00 per unit during Initial Offer Period between 31st Oct 2006 - 20th Nov 2006.
Financial Year End: Nov 30
Distribution Policy: Annually.
Investor Profile
For investors who seek:
- exposure to global investment opportunities in fixed income.
- diversification from equities investments.
Strategy
The Credit Agricole Funds - Global Bond aims to maximise total investment returns consisting of a combination of interest income, capital appreciation and currency gain. The portfolio will invest principally in debt instruments denominated in USD as well as in Asian currencies, issued or guaranteed by government agencies and corporate borrowers in the Asian Region. The portfolio may also invest in preferred shares, convertible bonds and high yield equities. Permitted currency hedging techniques will be used when appropriate.
Asset Allocation:
- A minimum of 95% of the Fund's NAV will be invested in Credit Agricole Funds - Global Bond.
- A maximum of 5% of the Fund's NAV will be in liquid assets.
Fees & Transactions
| Fees & Charges | |
|---|---|
| Sales Charge | 1.00% |
| Redemption Fee | None |
| Switching Fee | 6% (However, it may be waived or varied at Manager discretion.) |
| Free Switches Yearly | N/A |
| Annual Management Fee | 1.25% |
| Management Expense Ratio (MER) | 0.95% |
| Transactions (Minimum) | |
|---|---|
| Investment | Initial: RM1,000 Additional: RM500 |
| Regular Investment | Initial: N/A Additional: N/A |
| Account Balance | 1,000 units |
| Switching | 500 units |
Investment Return
| Investment Return as at 2010-09-02 | |
|---|---|
| 3 Month Return | 1.66% |
| 6 Month Return | -3.73% |
| 1 Year Return | -5.56% |
| 3 Year Return | 13.91% |
| 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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