This text is replaced by the Flash movie.
 |
|
Objective
To achieve consistent capital appreciation over medium to long-term by investing mainly in growth companies in Asia (ex-Japan) with market capitalisation of not more than USD1.5 billion at the time of acquisition, subject to the flexibility of investing up to 25% of the NAV of the Fund in companies in Asia (ex-Japan) with market capitalisation of not more than USD3.0 billion at the time of acquisition. |
| Fund Information |
| Fund Category |
Equity Fund |
| Fund Type |
Growth |
| Launch Date |
15 April 2004 |
| Investment Objective |
To achieve consistent capital appreciation over medium to long-term by investing mainly in growth companies in Asia (ex-Japan) with market capitalisation of not more than USD1.5 billion at the time of acquisition, subject to the flexibility of investing up to 25% of the NAV of the Fund in companies in Asia (ex-Japan) with market capitalisation of not more than USD3.0 billion at the time of acquisition. |
| Asset Allocation |
50% - 99.8% of the NAV of the Fund invests in Asian (ex-Japan) equities with market capitalisation of not more than USD1.5 billion at the time of acquisition. Maximum 25% of the NAV of the Fund invests in Asian (ex-Japan) equities with market capitalisation of not more than USD3.0 billion at the time of acquisition. Minimum 0.2% of the NAV of the Fund invests in cash and money market instruments. |
| Investment Strategy |
The Fund will invest primarily in equity securities. The fundamental investment process will be geared towards identifying and investing mainly in growth companies in Asia (ex-Japan) with a market capitalisation of not more than USD1.5 billion (50%-99.8% of the NAV of the Fund) and USD3.0 billion (maximum 25% of the NAV of the Fund) respectively. These companies would have the potential to achieve strong rates of growth, as well as key investment and sectoral themes prevailing in the market at any period in time. Depending on the Manager’s outlook and in the event of unfavourable market conditions, the Fund may selectively invest in short-term fixed income securities and money market instruments as a temporary defensive position to respond to adverse market conditions.
The Fund’s equities exposure is decided after considering the outlook for the Asian stock markets over the medium to long-term horizon. This entails studying relevant economics and business statistics in order to produce forecasts of the Asian economies and stock markets. |
| Investors' Profile |
It is ideal for medium to long-term investors who are risk tolerant and seek higher returns for their investments. |
| Fees & Charges |
| Sales Charge per unit |
Maximum of 5.50% of the NAV per Unit. |
| Annual Management Fee |
1.5% per annum of the NAV of the Fund. |
| Trustee Fee / Custodian fee |
0.07% 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 |
Two free switches per calendar year. For any subsequent switch within the same calendar year, a fee of 1% would be imposed on the amount switched. |
| Performance Fee and Hurdle Value |
Not Applicable |
| Redemption Fee |
Nil |
| Transaction Details |
| Minimum Initial Investment |
RM1000 |
| Minimum Units Held |
500 units |
| Minimum Additional Investment |
RM100 |
| 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.
