| Fund Name : OSK-UOB Asian Real Estate Fund |
| Fund Category |
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Equity Fund |
| Fund Type |
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Growth Fund |
| External Investment Manager |
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UOB Asset Management Ltd, Singapore |
| Trustee |
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Mayban Trustees Berhad |
| Investment Objective |
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This Fund aims to achieve long term capital appreciation through investments in the real estate market.
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| Asset Allocation (Indicative) |
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Up to 98% of Net Asset Value
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Investments in primarily Asian real estate securities and listed Real Estate Investment Trusts (REITS).
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2% - 5% of Net Asset Value
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Investments in liquid assets including money market instruments and deposits with licensed 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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wish to participate in the opportunities offered by the Asian Real Estate markets;
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| (ii) |
are willing to accept moderate to high risk in their investments; and |
| (iii) |
prefer capital growth rather than income over a long term period. |
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| Fund Details |
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| Commencement Date |
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22 August 2007. |
| Current Approved Fund Size |
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800 million Units. |
| Distribution Policy |
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Consistent with the Fund’s objective which aims to achieve capital growth, distributions will therefore be of secondary importance. Distributions, if any, after deduction of taxation and expenses, are generally declared annually.
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| Investment Time Horizon |
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5 - 7 years.
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| 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 decide.
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| Repurchase / Redemptions |
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No restrictions on amount or frequency of repurchase. Redemption monies to be paid within 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 commencing from the date of receipt of the application by the manager, to obtain a refund of the investment, subject to eligibility.
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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 5% of investment amount
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Tied (Retail) Agent
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Up to 5% of investment amount
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| Direct Sales (Direct Investment with Fund House) |
Up to 5% of investment amount
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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 levels of services provided by each distribution channel and / or the size of the investment undertaken.
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| Repurchase Charge per Unit |
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None. |
| Switching Fee |
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RM25.00 per switch where applicable.
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| Transfer Fee |
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RM5.00 per transfer. |
| Annual Management Fee |
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1.80% 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.
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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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