Overview
Objective
The Fund seeks to provide capital appreciation over an 18 months investment period while providing 100% capital protection at maturity.
(Capital Protection Mechanism: Unitholders of the Fund may receive the
Capital Protection Value of RM1.00 per unit provided that they hold the
units until Maturity Date. Withdrawal of units before the Maturity Date would be based on the NAV of the Fund at the closed of day the withdrawal request is received and is subject to an exit penalty fee).
Offer Period: 13 June 2007 - 12 July 2007 at RM1.00 per unit.
Commencement Date: The date of which investment of the Fund will be first made is the 7th Business Day immediately following the end of the Offer Period.
Maturity Date: 18 months of the Commencement Date.
Financial Year End: 30 July
Distribution Policy: There will be NO income distribution. Any gains will be returned at the maturity of the Fund.
Note: This Fund matured on the 23rd Jan 2009.
Investor Profile
Suitable for investors who:
- are risk averse and want to preserve their capital;
- want potentially better returns than bank deposit rates over the 18 months investment period;
- want to participate in the appreciation of a basket of Asian currencies against US Dollar.
Strategy
The Fund will invest in 18 months zero-coupon negotiable instruments of deposits (ZNIDs) which seeks to protect investors' capital, and an option that participates in the potential appreciation of a Basket of Asian Currencies. The Fund is denominated in RM (Ringgit Malaysia).
Asset Allocation:
- Minimum of 90% in ZNIDs;
- Up to 5% in option;
- Up to 5% in cash and/or fixed income instruments.
Fees & Transactions
| Fees & Charges | |
|---|---|
| Sales Charge | 0.00% |
| Redemption Fee | 1% (for withdrawal before the 12th month; 0.5% for withdrawal after 12th month; Nil - for withdrawal made on Maturity Date.) |
| Switching Fee | 6% (However, the fee may be waived or reduced on the discretion of the Manager.) |
| Free Switches Yearly | N/A |
| Annual Management Fee | 0.75% |
| Management Expense Ratio (MER) | % |
| Transactions (Minimum) | |
|---|---|
| Investment | Initial: RM5,000 Additional: RM5,000 |
| Regular Investment | Initial: N/A Additional: N/A |
| Account Balance | 5,000 units |
| Switching | 5,000 units |
Investment Return
| Investment Return as at 2009-01-28 | |
|---|---|
| 3 Month Return | 10.12% |
| 6 Month Return | 9.83% |
| 1 Year Return | 9.22% |
| 3 Year Return | |
| 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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