| Fund Name : OSK-UOB Global Stimulus Fund |
| Fund Category |
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Fund-of-Funds (Exchange traded funds). |
| Fund Type |
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Growth fund. |
| Investment Manager |
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OSK-UOB Investment Management Berhad (Formerly known as OSK-UOB Unit Trust Management Berhad).
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| Trustee |
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Equity Trust (Malaysia) Berhad. |
| Investment Objective |
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This Fund aims to achieve long term* capital appreciation through investment in a portfolio of exchange traded funds ("ETFs") listed on the stock exchanges of emerging and developed markets.
*Note: "long term" in this context refers to a period of between 5 - 7 years.
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| Asset Allocation (Indicative) |
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| Up to 100% of Net Asset Value |
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Investment in exchange traded funds.
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| Up to 2% of Net Asset Value |
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Investment in cash and deposits with the financial institutions.
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| Investor Profile |
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Suitable for investors who :
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(i)
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seek investment opportunities in the high growth areas of the global economy that will benefit from the economic policies of goverments globally;
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| (ii) |
have a medium to high risk tolerance; and
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| (iii) |
have a long term investment horizon.
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| Fund Details |
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| Commencement Date |
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15 September 2009. |
| Current Approved Fund Size |
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400 million Units. |
| Financial Year End |
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31 August. |
| Distribution Policy |
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Consistent with the Fund’s objective which aims to achieve long term capital appreciation, distributions will therefore be of secondary importance. Distributions, if any, will be reinvested after deduction of taxation, if any, and expenses.
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| Investment Time Horizon |
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5-7 years. |
| Mininum Initial Investment |
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RM1,000 or such other amount as the Manager may from time to time accept.
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| Minimum Additional Investment |
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RM100 or such other amount as the Manager may from time to time accept.
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| Minimum Investment Balance |
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100 units or such other quantity as the Manager may from time to time accept.
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| Repurchase / Redemptions |
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No restrictions on amount or frequency of repurchase. Redemption monies will be paid within ten (10) days after receipt by the Manager of the request to repurchase.
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| Cooling-off Period |
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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 the investment, subject to eligibility.
#These are the working days when the Manager is open for business.
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| Fees and Charges |
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| Sales Charge by distribution channels |
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Institutional Unit Trust Adviser (IUTA)
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Up to 2.50% of investment amount.
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Tied (Retail) Agent
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Up to 2.50% of investment amount.
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| Direct Sales (Direct Investment with Fund House) |
Up to 2.50% of investment amount.
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An investor can expect differing sales charge being 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 levels of services provided by each distribution channel and / or the size of the investment undertaken.
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| Repurchase Charge |
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None. |
| Switching Fee |
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RM25.00 per switch or the difference in sales charge between the switching funds on the amount to be switched, where applicable.
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| Transfer Fee |
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RM5.00 per transfer. |
| Annual Management Fee |
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1.05% per annum of Net Asset Value before deducting the Manager’s and Trustee’s fees for that particular day.
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| Annual Trustee Fee |
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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 fees and charges).
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| Investment Options |
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Lump Sum and Savings. Find out How to Invest
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| Downloads |
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