Overview
Objective
The investment objective is to gain the greatest possible return on investments by investing in global agribusiness equities from agricultural commodities to consumer products.
Initial offered period of 21 days from 3rd May 2007.
Financial Year End: May 31
Distribution policy: Income distribution (if any) is paid once a year.
Investor Profile
For investors who:
- want long term capital appreciation.
- seek growth by capturing value via investing in global agribusiness.
- are risk-tolerant investors who, in seeking investments that offer targeted opportunities to maximize return.
Strategy
A minimum of 95% of the Fund's NAV will be invested in the Luxembourg-based DWS Global sub-fund called DWS Global Agribusiness while maintaining up to a maximum of 5% of the Fund's NAV in liquid assets. The Fund is denominated in RM (Ringgit Malaysia).
The Target Fund is managed by DWS Investment S.A. Luxembourg, which was established on 15 April 1987. Its subscribed and paid-up capital is EUR30,677,400 and it has been managing funds since 1987.
Asset Allocation:
- At least 70% of the Target Fund's assets (after deduction of the liquid assets) are invested in equities issued by foreign and domestic issueers operating in or profiting from the agricultural industry. The relevant companies opereate within the multi-layered food value chain. This includes companies involved in the cultivation, harvesting, planning, production, processing, service and distribution of agricultural products (forestry and agriculture companies, tool and agricultural machine manufacturers, companies in the food industry such as wine, cattle and meat producers and processors, supermarkets and chemical companies).
- A maximum of 30% of the Target Fund's total assets (after deduction of the liquid assets) can be invested in equities issued by foreign and domestic issuers that do not satisfy the requirement of the sub-paragraph above. The Target Fund is denominated in USD. In addition, the Target Fund's assets may be invested in all other permissible investments.
Fees & Transactions
| Fees & Charges | |
|---|---|
| Sales Charge | 5.00% |
| Redemption Fee | 1% (if redeemed within 90 calendar days of purchase.) |
| Switching Fee | 6% (However, it may be waived or varied at Manager discretion.) |
| Free Switches Yearly | N/A |
| Annual Management Fee | 1.8% |
| Management Expense Ratio (MER) | 1.16% |
| Transactions (Minimum) | |
|---|---|
| Investment | Initial: RM1,000 Additional: RM500 |
| Regular Investment | Initial: N/A Additional: N/A |
| Account Balance | 10,000 units |
| Switching | RM1,000 |
Investment Return
| Investment Return as at 2010-09-08 | |
|---|---|
| 3 Month Return | 7.37% |
| 6 Month Return | -8.86% |
| 1 Year Return | -0.59% |
| 3 Year Return | -18.75% |
| 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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