Overview
Objective
The Fund seeks to provide capital growth primarily through investment in equities securities and occasionally in fixed income securities of a universe of emerging market countries worldwide, including but not limited to constituents of MSCI Emerging Markets Gross TR Index and JPMorgan EMBI Global Diversified Index.
Initial Offer at RM1.00 per unit.
Financial Year End: 31 October.
Distribution Policy: Incidental.
Investor Profile
For investors who seek:
- capital appreciation on their investments
- long-term investment horizon
- participation in global equity market
- aggressive growth in emerging markets.
Strategy
The Manager may adopt temporary defensive strategy by maintaining a maximum of 100% in liquid asset/cash weightings that may be inconsistent with the Fund’s principal investment and asset allocation strategy. This defensive strategy may be necessary to protect the Fund’s investment in response to adverse market, economic, political, or any other conditions. This will be done in consultation with the Trustee and with the consent of the Investment Committee. In addition, we may choose to replace the Target Fund with other funds with similar objective if in our view, the Target Fund no longer meets the Fund’s investment objective, or when acting in the interest of the unitholders.
Aminimum of 95% of the Fund’s NAV will be invested in the Target Fund which is denominated in SGD. The Target Fund is a sub-fund of the Schroder International Selection Fund, an open-ended investment company organised as a "société anonyme" under the laws of the Grand Duchy of Luxembourg and qualifies as a Socite d'Investissement a Capital Variable ("SICAV").
The Company operates separate funds, each of which is represented by one or more classes of shares. The funds are distinguished by their specific investment policy or any other specific features. The Target Fund was launched on 28 February 2007 and as at 31 October 2007, the totalled fund size of the Target Fund is USD552.7 million.
Fees & Transactions
| Fees & Charges | |
|---|---|
| Sales Charge | 5.00% |
| Redemption Fee | 1% (If redemption is made 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) | 2.04% |
| 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 | |
|---|---|
| 3 Month Return | |
| 6 Month Return | |
| 1 Year Return | |
| 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
Copyright on names and logos used in this page belong to respective fund management companies.
Information in this fund profile page is compiled by Signalpoint Sdn. Bhd. based on the individual fund management company's public information, including but not limited to fund prospectus, fund fact sheets, etc, and are meant for information only. While best efforts have been made to ensure its accuracy, we cannot guarantee that the information presented here is completely accurate and without ommissions. Please contact issues@signalinvest.com if you believe there are errors or ommissions on this page.
Investors are advised to read and understand the fund's prospectus before investing.