| Fund Name : OSK-UOB Asian Income Fund |
|
Fund Category
|
:
|
Feeder fund.
|
|
Fund Type
|
:
|
Income fund.
|
|
Investment Manager
|
:
|
OSK-UOB Investment Management Berhad.
|
|
Trustee
|
:
|
HSBC (Malaysia) Trustee Berhad.
|
|
Investment Objective
|
:
|
The Fund aims to provide income^ and capital growth over the medium to long term* by investing in one target fund, i.e. the Schroder Asian Income.
Note: ^The income is in the form of units. Please refer to the Distribution Mode below.
*"medium to long term" in this context refers to a period of between 3 - 10 years.
Investors should also refer to the target fund’s investment objective, investment focus and approach.
|
|
Asset Allocation (Indicative)
|
:
|
|
At least 95% of NAV
|
-
|
Investments in the units of Schroder AI.
|
|
2%-5% of NAV
|
-
|
Investment in liquid assets including money market instruments and deposits with financials institutions.
|
|
|
Investor Profile
|
:
|
Suitable for investors who :
|
| |
|
|
(i)
|
seek income^ and capital growth over the medium to long term*;
|
| (ii) |
have moderate risk appetite; and
|
| (iii) |
seek investment opportunities in the Asian region.
|
|
| |
|
Note: ^The income is in the form of units. Please refer to the Distribution Mode below.
*"medium to long term" in this context refers to a period of between 3 - 10 years.
|
| |
|
|
| Fund Details |
|
|
|
Commencement Date
|
:
|
5 June 2012.
|
|
Financial Year End
|
:
|
31 July.
|
|
Distribution Policy
|
:
|
The Fund will declare distributions, if any, to Unit Holders depending on the level of income generated at each relevant period. Distribution, if any, after deduction of taxation and expenses (i.e. net distributions), are generally declared quarterly.
|
|
Investment Time Horizon
|
:
|
3 - 10 years.
|
|
Mininum Initial Investment
|
:
|
RM1,000 or such other amount as the Manager may from time to time accept.
|
|
Minimum Additional Investment
|
:
|
RM100 or such other amount as the Manager may from time to time accept.
|
|
Minimum Investment Balance
|
:
|
100 Units or such other quantity as the Manager may from time to time decide.
|
| Redemption Period |
: |
Redemption monies to be paid within (10) days after receipt by the Manager of the request to repurchase.
|
|
Cooling-Off Period
|
:
|
Unit Holders have the right within six (6) business days# which shall be effective from the date of receipt of the application by the Manager, to obtain a refund of their investment, subject to eligibility.
#These are the working days when the Manager is open for business.
|
| |
|
|
| Fees and Charges |
|
|
|
Sales Charge by distribution channels
|
:
|
|
Institutional Unit Trust Adviser (IUTA)
|
Up to 5.50% of investment amount.
|
|
Tied (Retail) Agent
|
Up to 5.50% of investment amount.
|
|
Direct Sales (Direct Investment with the Manager)
|
Up to 5.50% of investment amount.
|
An investor can expect differing sales charge to be levied when buying Units from the various distribution channels and within each distribution channel, subject to the maximum sales charge stipulated herein. This is due to the different level of services provided by each distribution channel and / or the size of the investment undertaken.
|
| Repurchase Charge |
: |
None.
|
|
Switching Fee
|
:
|
RM25.00 per switch or the difference in sales charge between the switching funds on the amount to be switched, where applicable.
|
| Transfer Fee |
: |
RM5.00 per transfer. |
|
Annual Management Fee
|
:
|
1.80% per annum of Net Asset Value before deducting the Manager’s and Trustee’s fees for that particular day. there is NO DOUBLE CHARGING OF MANAGEMENT FEE. This means that the Unit Holders will incur ONLY ONE MANAGEMENT FEE and ONLY AT THE FUND’S LEVEL.
|
|
Annual Trustee Fee
|
:
|
0.08% per annum of Net Asset Value before deducting the Manager’s and Trustee’s fees for that particular day, subject to a minimum of RM18,000 per annum (excluding foreign custodian fee and charges).
|
|
Investment Options
|
:
|
Lump Sum. Find out How to Invest
|
| |
|
|
| |
|
|
| Downloads |
|
|
 |
|
|
 |
|
|
 |
|
|
 |
