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Objective
The Fund seeks to generate capital gain in the long term through exposure to commodity related instruments globally. |
| Fund Information |
| Fund Category |
Feeder Fund (Wholesale) |
| Fund Type |
Growth |
| Launch Date |
20 August 2007 |
| Investment Objective |
The Fund seeks to generate capital gain in the long term through exposure to commodity related instruments globally. |
| Asset Allocation |
The Fund may invest up to 99.8% of its NAV in a Collective Investment Scheme (CIS), namely the Schroder Alternative Solutions Commodity Fund ('SASCF') via subscription in any one class of Shares in the capital of Schroder Alternative Solutions ('SAS'). The value of the Share in SAS may be denominated in Euro, US Dollar, any other currencies or a combination of two or more currencies. The Fund will maintain a minimum of 0.2% of its NAV in liquid assets. The SASCF may be exposed to a range of commodity sectors from time to time but the Investment Manager for SASCF anticipates that the SASCF will be primarily invested in the energy, agriculture and metals sector. SASCF may, however, invest in any sector of the commodity market at the discretion of the Investment Manager for SASCF. SASCF will be actively managed on a total return basis. |
| Investment Strategy |
The Fund may invest up to 99.8% of its NAV in SASCF and the remaining in liquid assets.
The Manager may take temporary defensive positions that my be inconsistent with the Fund's principal strategy in attempting to respond to advers market conditions, economics, political or any other conditions. Another fund with similar objective will be substitute for SASCF if the latter no longer meets the Fund's investment objective, subject however, to the SC's prior approval. |
| Investors' Profile |
This Fund is suitable for Qualified Investors who are risk tolerant and seeking potentially higher returns from their investments over the long term. |
| Fees & Charges |
| Sales Charge per unit |
A maximum sales charge of 5.50% of the NAV per unit may be imposed by each distribution channel. |
| Annual Management Fee |
1.80% per annum of the NAV of the Fund. |
| Trustee Fee / Custodian fee |
0.08% per annum (including local custodian fee but excluding foreign sub-custodian fee) of the NAV of the Fund, subject to a minimum of RM18,000 per annum. |
| Switching Fee |
The Manager retains the discretion to charge a switching fee of maximum 1% of the NAV per Unit of the Fund. |
| Performance Fee and Hurdle Value |
Not Applicable |
| Redemption Fee |
Up to 1.00% of the NAV per Unit of the Fund should Units be redeemed within the first 6 months from the date of investment by the Unit Holder. However, no redemption fee will be charged during the cooling-off period. |
| Transaction Details |
| Minimum Initial Investment |
RM30,000 |
| Minimum Units Held |
60,000 units |
| Minimum Additional Investment |
RM10,000 |
| Cooling-off Period |
For qualified investors, within 6 Business Days from the day the initial application of units is received by the Manager. |
Period of Payment of
Redemption Proceeds |
Within 10 days from the day the redemption request is received by the Manager. |
Past earnings or the fund’s distribution record is not a guarantee or reflection of the funds’ future earnings/future distribution.
Unit prices and distributions payable, if any may go down as well as up.
Prospective Unit Holders should read and understand the contents of the Prospectus and, if necessary, should consult their adviser(s).
There are fees and charges involved and investors are advised to consider the fees and charges before investing in the fund.
