Fund Type: Bond / Income
To provide regular income as well as to achieve medium to long term capital appreciation through investments primarily in Malaysian bonds.
- have a medium to long term investment horizon;
- want a diversified portfolio of fixed interest securities;
- want to receive a tax-effective income stream and maintain the value of their investment over the medium term; and/or
- are looking for a less volatile investment but can accept that returns may fluctuate over the short term
| Application Fees |
Up to 2.0% on each investment |
|
Annual Fees |
Management Fee: 1.0% per annum of the NAV |
| |
Trustee Fee: 0.05% per annum of the NAV |
| Switching Fees |
Since switching is treated as a withdrawal from one (1) fund and an investment into another fund, you will be charged a Switching Fee equal to the difference (if any) between the Application Fees of these two (2) funds. In addition, the Manager imposes a RM100 administrative fee for every switch made out of a Fund. However, this RM100 administrative fee is waived for the first four (4) switches out of a Fund in every calendar year. The Manager also has the discretion to waive the Switching Fee and/or administrative fees. |
| Distribution Policy |
Once a year every January. |
|
Investment Time Horizon |
Recommended 3 years or more. |
| Initial Investment |
Minimum RM2,000 |
| Additional Investment |
RM500 or more at any time. |
| Cooling off period |
You have six (6) Business Days after your initial investment (i.e. the date the application is received by CIMB-Principal Asset Management) to reconsider its appropriateness for your needs. Within this period, you may withdraw your investment at the NAV per unit on the day the units were first purchased and have the Application Fee (if any) repaid. Please note that the cooling-off right is only given to an investor who is investing with CIMB-Principal Asset Management or any Approved Distributor for the first time. However, corporations/institutions, CIMB-Principal Asset Management’s staff and person(s) registered to deal in unit trust of CIMB-Principal Asset Management or any Approved Distributor are not entitled to the cooling-off right.
However, investors who invest via the EPF Members Investment Scheme (where available) are subject to EPF’s terms and conditions. |
| Redemption/Withdrawal |
RM500 or 500 units. |
| Launch Date |
15 November 1995 |
| Approved Fund Size (units) |
1.5 billion units |
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