Affin Select Growth

Affin Select Growth
Type
Equity Malaysia
Company
Affin Fund Mgmt Bhd
Investment Manager
Affin Fund Mgmt Bhd
Launch Date
22-Jul-2009

Overview

Objective

To seek a stable return and generate capital growth over the medium to long term period in diversified portfolio of equities with stocks in gaming, liquor and tobacco to be avoided.

Initial Offer Period: Not more than 7 days from 22 July 2009 - 29 July 2009 selling at RM0.25 per unit.
Financial Year End: 30 Sept
Distribution Policy: Incidental.

Investor Profile

Suitable for investors who:

  • seek potentially higher returns and are willing to accept slightly greater fluctuations in value;
  • want diversification from other asset classes such as fixed income securities or fixed deposits
  • has a medium to long-term investment horizon of 5 years and above;
  • has strong convictions against investing in stocks involved in gaming, liquor and tobacco.

Strategy

The Fund invests in a diversified portfolio of primarily Malaysian equities with stocks in
gaming, liquor and tobacco to be avoided. Its equity contents in terms of NAV will be up to 95% of the NAV of the Fund. The remaining 5% will be invested in money market instruments for liquidity purposes.

To achieve the investment objective, the investment manager’s investment approach is to invest in equities with a focus on those that exhibit above-average earnings growth, has a leading competitive position and show potential for delivering superior returns.
  
To this end, the Fund will be actively traded and the investment manager will actively seek to add value by selectively over/under-weighting benchmark components to achieve relative outperformance.
  
The investment manager shall primarily rely on the list of securities approved by the Shariah
Advisory Council (SAC) of the SC as a guide to the stock selection. Nonetheless, the Fund shall also invest in securities such as banking and insurance sectors.

Asset Allocation:

  • Up to 95% in equities
  • Minimum 5% in liquid assets

Fees & Transactions

Fees & Charges
Sales Charge 5.00%
Redemption FeeNone
Switching FeeNone (Pay the difference (if any) between the sales charges of these 2 funds.)
Free Switches YearlyN/A
Annual Management Fee1.5%
Management Expense Ratio (MER)%
Transactions (Minimum)
InvestmentInitial: RM200
Additional: RM100
Regular InvestmentInitial: N/A
Additional: N/A
Account Balance 400 units
Switching N/A

Investment Return

Investment Return as at 2010-09-09
3 Month Return 9.18%
6 Month Return 5.83%
1 Year Return 11.72%
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.

 

Compare Affin Select Growth with:

CategoryCompany
Equity Malaysia
Funds:
Affin Fund Mgmt Bhd
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.