CIMB-Principal Equity Income Fund (formerly SBB Equity Income Fund)
Fund Type: Equity / Income
To provide investors with an opportunity to gain consistent and stable income by investing in a diversified portfolio of dividend yielding equities and fixed income securities. The Fund may also provide moderate capital growth potential over the medium to long term period.
- have a medium to long term investment horizon;
- want a diversified portfolio of equties with some foreign exposure;
- are looking for stable income through equities that offer stable income and growth potential; and/or
- are willing to take moderate risks for potentially moderate capital returns.
| Application Fees |
Up to 6.5% on each investment |
|
Annual Fees |
Management Fee: 1.85% per annum of the NAV |
| |
Trustee Fee: 0.06%* per annum of the NAV
* Subject to a minimum fee of RM18,000 per annum |
| 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 |
Distribution (if any) is expected to be distributed annually, depending on the performance of the Fund and at the Manager’s discretion. |
|
Investment Time Horizon |
Recommended 3 to 5 years or more. |
| Initial Investment |
Minimum RM500 |
| Additional Investment |
RM200 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 |
RM200 or 200 units. |
| Launch Date |
1 October 2003 |
| Approved Fund Size (units) |
500 million units |
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Prospectus
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