Kinabalu Institutional MM Fund

Overview

Objective

To provide qualified investors with a regular income stream and high level of liquidity to meet cash flow requirement while maintaining capital preservation.

Initial Offer Price: RM1.00 per unit.
Distribution Policy: The distribution policy of the Fund is to declare income distribution to the respective Investors on a monthly basis by way of reinvestment in the form of additional units

Investor Profile

Suitable for investors who:

• Are conservative in nature in terms of investment;
• Prefer a consistent, reasonable and stable level of return on their investment;
• Prefer a lower level of investment risk;
• Have a short-term investment horizon.

Strategy

The Manager aims to earn better yields by investing a maximum 95% of the Fund's NAV in high quality short-term instrument with minimum short-term local credit rating of P1 (by RAM) or MARC 1 (by MARC). For any instruments longer than 365 days but not exceeding 732 days, the Fund could invest up to a maximum of 20% provided that the instrument has a minimum long-term rating of A1 (by RAM) or A+ (by MARC).

Asset Allocation:
The Manager will decide which instrument or security to buy based primarily on their yield, relative to their credit quality and the period to maturity. The Manager aims to reduce volatility by primarily investing across various short-term financial instruments (listed or unlisted) such as government bonds, corporate bonds that has a maturity range of 3-6 months. A maximum of 20% can be invested in government bonds and corporate papers that have a maturity of no longer than 732 days. The Fund will also maintain a minimum of 5% of the Fund's NAV in liquid assets in the Fund's account for the sole purpose of meeting redemption requests.

Fees & Transactions

Investment Return

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