Areca Dynamic Growth Fund
Fund Information
| Fund Name | Areca Dynamic Growth Fund |
| Fund Category/Type | Wholesale Fund with flexible asset allocation/ Growth |
| Objective of the Fund | The Fund aims to provide medium to long term capital growth. |
| Investment Strategy |
The Fund may invest up to 100% of its NAV in authorized investments with flexible allocation in its assets to achieve a higher possible return by freely changing risk degree according to current market conditions. Depending on the market conditions, the Fund may concentrate its investments on few selected asset classes or a single investment that has potential for capital growth or that will minimize the Fund exposure to market risks.
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| Launch Date | 11 November 2016 |
| Asset Allocation | Flexible asset allocation between equities and fixed income |
| Performance Benchmark | 6% per annum. |
| Income Distribution and Reinvestment Policy |
Incidental, subject to the availability of income. In the absence of any instructions, we will, at our discretion, pay any income distributed by the Fund to you, or reinvest the income in additional Units at the NAV per Unit of the distribution day without any Entry Fee. |
| Financial Year End | 31 March |
Fee & Expenses
| Annual Management Fee | Up to 1.50% per annum of NAV of the Fund |
| Annual Trustee Fee | 0.04% per annum of NAV of the Fund, subject to a minimum of RM6,000 per annum. |
Charges
This table describes the charges that you may incur when you buy or redeem Units of the Funds.
| Entry Fee |
Direct investment with Manager: Up to 3% of the Net Investment Amount Third-party distributors: Up to 3% of the Net Investment Amount |
| Exit Fee | 1% of your realised profit upon redemption |
| Transfer Fee | Not Applicable |
| Switching Fee | Not Applicable |
Transactions
| Minimum Initial Investment | RM500,000 or or such other limit as decided by the Manager. |
| Minimum Additional Investment | RM10,000 or or such other limit as decided by the Manager. |
| Minimum Redemption | RM100,000 or 100,000 Units or such other amount as decided by the Manager. However, if the redemption request leaves you with less than 100,000 Units (minimum balance), all the Units in your account will be redeemed automatically. |
| Minimum Balance | 100,000 Units or such other limit at the Manager's discretion. |
| Redemption Restriction | Redemption is restricted to the first Business Day of the week. |
| Redemption Payment | We will pay you within 10 days upon receipt of the duly completed original Redemption form. |
| Redemption within IOP | You may request a full refund on your investments together with entry fee and not subject to any exit fee during IOP (You may incur other direct cost such as bank charges). |
| Switching Facility | Not Available |
| Transfer Facility | Not available, unless by operations of law or under the provision of the Deed. |
In the event of any discrepancies, the Information Memorandum shall prevail.
