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
This table describes the charges that you may incur when you buy or redeem Units of the Funds.
| Entry Fee |
Direct investment through the Manager#: Up to 1% of the amount invested. Unit Trust Consultants, Third party distributors including IUTA: Up to 3% of the amount invested. The entry fee payable for investments in a Fund is equivalent to the specified percentage of the NAV per unit of the Fund. |
| Exit Fee |
NIL |
| Transfer Fee | NIL |
| Switching Fee | No switching fee is imposed under the VIP switching facility for all switches between the Areca incomeTRUST Fund, Areca equityTRUST Fund and Areca Dividend Income Fund. |
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.
