Areca incomeTrust Fund

Fund Information

Fund Name Areca incomeTRUST Fund
Fund Category/Type Fixed Income/Income
Objective of the Fund To provide investors with short to medium term capital preservation and a regular income (income could be in the form of Units or cash).
Launch Date 23 April 2007

Fee & Expenses

Annual Management Fee 1.15% p.a. of NAV of the Fund
Annual Trustee Fee 0.08% p.a. of NAV of the Fund

Charges

VIP

This table describes the charges that you may incur when you buy or redeem Units of the Funds.

Entry Fee

Direct investment through the Management Company: Up to 2% of the amount invested.

Third party distributors including appointed Institutional Unit Trust Adviser: Up to 4.5% of the amount invested.

Exit Fee

Direct investment through the Management Company: NIL

Third party distributors including appointed Institutional Unit Trust Adviser: NIL

Transfer Fee NIL
Switching Fee Nil (Unlimited free switches)

Standalone Income Trust

Below are the charges applicable to investors who invest only in incomeTRUST on standalone basis without the benefit of VIP switching facility.

Entry Fee

Direct investment through the Management Company: Up to 0.15% of the amount invested.

Third party distributors including appointed Institutional Unit Trust Adviser: Up to 0.15% of the amount invested.

Exit Fee

Direct investment through the Management Company: Up to 0.50% of the amount liquidated for liquidation of Units invested for a duration less than 6 months.

Third party distributors including appointed Institutional Unit Trust Adviser: Up to 0.50% of the amount liquidated for liquidation of Units invested for a duration less than 6 months.

This fee would be waived if Units liquidated (including distributions/unit split for calculation, if any) have not made any gain.

Transfer Fee NIL
Conversation Facility /  Fee Unit Holders can avail themselves to the VIP switching facility by paying a one-off conversion fee (relevant entry fee for VIP less the entry fee paid earlier)

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: RM1,000 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.
Switching Facility Unlimited free switches between equity and non-equity Funds offered under the VIP.
Transfer of Units Unitholders are permitted to transfer part or all of their units in the Fund to their immediate family members by completing a transfer form. However, for the transfer of units to other investors, it is subject to the discretion of the Manager and the Manager reserve the rights to reject the transfer without assigning any reason. Transfers from corporate accounts to individual accounts are not permitted.

 In the event of any discrepancies, the Prospectus shall prevail.

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