Areca enhancedIncome Fund
Fund Information
| Fund Name | Areca enhancedINCOME Fund |
| Fund Category/Type | Fixed Income/Income & Growth |
| Objective of the Fund | To provide long term investors with high level of income stream (income could be in the form of Units or cash) and an opportunity for capital appreciation. |
| Launch Date | 30 July 2007 |
Fee & Expenses
| Annual Management Fee | 1.40% p.a. of NAV of the Fund. |
| Annual Trustee Fee | 0.08% p.a. of NAV of the Fund. |
Charges
This table describes the charges that you may incur when you buy or redeem Units of the Funds.
| Entry Fee |
Up to 1% of the amount invested. |
| Exit Fee |
NIL |
| Transfer Fee | NIL |
| Switching Fee | N/A |
Transactions
| Minimum Initial Investment |
Direct investment through Manager: RM10,000 or such other lower amount as decided by the Manager. Third party distributors including IUTA: RM10,000 or such other lower amount as decided by the Manager. |
| Minimum Additional Investment | RM1,000 or such other lower amount as decided by the Manager. |
| Redemption Notice/Frequency | Any Business Day. However, you must submit the redemption notice to us before 3.00pm on transaction day (T day) for processing. |
| Cooling Off Right | A cooling-off right is given to you if you are investing in any unit trust fund managed by us for the first time. The cooling-off period given to you is six (6) Business Days commencing from the date of receipt of the investment application by us. Not applicable to corporation or institution, staff of the Manager and persons registered with a body approved by the SC to deal in unit trusts. |
In the event of any discrepancies, the Prospectus shall prevail.
