| Fund Name : OSK-UOB Capital Protected* Dual Opportunities Fund |
|
Fund Category
|
:
|
Fixed Income (closed-ended).
|
|
Fund Type
|
:
|
Capital Protected Fund.
|
|
Investment Manager
|
:
|
OSK-UOB Investment Management Berhad.
|
|
Trustee
|
:
|
HSBC (Malaysia) Trustee Berhad.
|
|
Investment Objective
|
:
|
This Fund aims to provide income and capital appreciation over the medium term^ whilst protecting investors’ capital* on the Maturity Date.
^Note: "medium term" in this context refers to a period of four (4) years.
|
|
Asset Allocation (Indicative)
|
:
|
|
87% to 90% of NAV
|
-
|
Investments in 4-year Zero Coupon Negotiable Instruments of Deposits (ZNIDs) issued at a discount on the Commencement Date.
*depending on prevailing interest rates
|
|
Up to 10% of NAV
|
-
|
Investment in an option.
|
| Up to 3% of NAV |
-
|
Investments in liquid assets.
|
|
|
Investor Profile
|
:
|
Suitable for investors who :
|
| |
|
|
(i)
|
have a low risk tolerance;
|
| (ii) |
seek capital protection*;
|
| (iii) |
have a positive outlook on China’s growth potential;
|
| (iv) |
have a positive outlook for gold prices;
|
| (vi) |
have a medium term horizon; and
|
| (iv) |
seek regular income.
|
|
| |
|
|
| Fund Details |
|
|
|
Launch Date
|
:
|
28 June 2011.
|
|
Offer Period
|
:
|
28 June 2011 - 11 August 2011 (45 days) or such other shorter period within which the approved fund size has been fully sold.
|
|
Commencement Date
|
:
|
The 7th Business Day immediately following the end of the Offer Period.
|
|
Tenure and Maturity Date
|
:
|
The tenure of this Fund is 4 years and as such, the Maturity Date is the fourth (4th) anniversary of the Commencement Date.
|
|
Approved Fund Size
|
:
|
100 million Units.
|
|
Distribution Policy
|
:
|
Consistent with the Fund’s objective which aims to provide income and capital appreciation over the medium term whilst protecting investors’ capital on the Maturity Date, the Fund will generally distribute its income to the Unit Holders, unless the Manager deems such distribution insignificant. Distribution, if any,will be declared annually after deduction of taxation, if any, and expenses.
|
|
Investment Time Horizon
|
:
|
4 years.
|
|
Mininum Initial Investment
|
:
|
RM1,000 or such other amount as the Manager may from time to time accept.
|
|
Minimum Additional Investment
|
:
|
RM1,000 or such other amount as the Manager may from time to time accept.
|
|
Minimum Investment Balance
|
:
|
900 Units or such other quantity as the Manager may from time to time decide.
|
| Redemption Period |
: |
Redemption monies to be paid within:
| (a) |
ten (10) days from the Valuation Day if redemption occurs prior to the Maturity Date; or
|
| (b) |
two (2) months from the Maturity Date
|
| |
as the case may be.
|
|
|
Cooling-Off Period
|
:
|
Unit Holders have the right within six (6) business days commencing from the date of receipt of the application by the Manager, to obtain a refund of the investment, subject to eligibility.
|
| |
|
|
| Fees and Charges |
|
|
|
Sales Charge by distribution channels
|
:
|
|
Institutional Unit Trust Adviser (IUTA)
|
Up to 2.50% of investment amount.
|
|
Tied (Retail) Agent
|
Up to 2.50% of investment amount.
|
| Direct Sales (Direct Investment with Fund House) |
Up to 2.50% of investment amount.
|
An investor can expect differing sales charge being levied by the various distribution channels and within each distribution channel, subject to the maximum sales charge stipulated herein. This is due to the different levels of services provided by each distribution channel and / or the size of the investment undertaken.
|
| Repurchase Charge |
: |
|
Period from the Commencement Date
|
Repurchase Charge based on the redemption amount
|
|
< 1 year
|
1.00%
|
|
≥ 1 year < 2 years
|
0.75%
|
|
≥ 2 years < 3 years
|
0.50%
|
|
≥ 3 years till Maturity Date
|
Nil
|
Unit Holders may only redeem their Units every Friday that is a Business Day (“Valuation Day”). Application for redemption of Units may be submitted to the Manager’s office earlier, on any day other than Saturdays, Sundays and public holidays during its business hours, before the Valuation Day cut-off time for acceptance of the redemption request. Any redemption request received by the Manager after the cut-off time of 12 noon on Friday will be considered as transactions for the next redemption cycle. In the event the Valuation Day is a non-Business Day, then the Fund’s valuation shall take place on the next Business Day. All repurchase charges levied will be retained by the Manager.
|
|
Switching Fee
|
:
|
Not applicable (switching is not allowed).
|
| Transfer Fee |
: |
RM5.00 per transfer. |
|
Annual Management Fee
|
:
|
Up to 0.625% per annum of the Net Asset Value determined based on the remaining liquid assets available after deducting the purchase of the investments of the Fund.
|
|
Annual Trustee Fee
|
:
|
Nil.
|
|
Investment Options
|
:
|
Lump Sum. Find out How to Invest
|
| |
|
|
|
*Investors are advised that the Fund is not a guaranteed fund. This capital protected fund is provided through investments in ZNIDs and not by a guarantee. Consequently, the return of capital is SUBJECT TO the credit/default risk of the issuers of the ZNIDs and may result in losses.
|
| |
|
|
| Downloads |
|
|
 |
|
|
 |
|
|
 |
|
|
 |
