Bond investments made easy
ABF Malaysia Bond Index Fund (“the Fund”) provides an easy avenue for individual investors to get immediate exposure to a portfolio of mainly Malaysian government bonds.
||Follows the performance of Markit iBoxx® ABF Malaysia Bond Index, effectively buying into a portfolio of mainly Malaysian government bonds|
||Markit iBoxx® ABF Malaysia Bond Index|
|Stock Short Name
|Trading Board Lot Size
||0.10% p.a. of the NAV of the Fund|
||0.07% p.a. of the NAV of the Fund|
|Other charges that you may incur
||Brokerage Fee: Maximum of 0.30% of the contract value (subject to minimum of RM12).|
|Clearing Fee: On-market transaction – 0.03% (subject to maximum of RM1,000 per contract).|
Direct-business transaction – 0.03% (subject to a minimum of RM10 and maximum of RM1000 per contract).
|Stamp Duty: 0.1% of the contract value (rounded up to the nearest RM), subject to a maximum of RM200.|
||HSBC (Malaysia) Trustee Berhad|
||Semi-annually (if any)|
||Bursa Malaysia Berhad|
||13 July 2005|
||Malaysian Ringgit (MYR)|
||AmInvestment Bank Berhad|
Please refer to Prospectus for more details.
Please visit Bursa Malaysia for the details of the market maker.
Top 5 Reasons to Invest
||Accessibility–easy exposure to Malaysian Government Securities with low investment amount compared to investing in bonds directly|
||Flexibility & liquidity–buy and redeem the Fund anytime at current market price throughout the exchange trading day|
||Low cost–the Fund has no entry fees. Management fee is 0.1% (unlike an actively managed bond unit trust fee which is normally around 1%)|
||Transparency–you know what bond holdings you are buying into via the Annual Report|
||Income distribution–semi-annually (if any)|
How to invest:
Similar to trading in shares, you will need to have two accounts (to be obtained from stockbroking companies):
1) Central Depository System (CDS) account
2) Trading account (stockbroking companies to advise on procedures)
If you do not have these accounts yet, just follow 3 easy steps below to open the CDS account:
Go to any stockbroking companies in Malaysia. Please visit Bursa Malaysia for a list of the brokers.
Complete the account opening form and two (2) specimen signature cards.
If you are Malaysians, submit the documents together with two (2) certified true copies of your Malaysian National Registration Identity Card (NRIC). As for foreigners, you will need to pay the account opening fee and submit two (2) certified true copies of your passport.
You may then buy or sell the Fund through your broker/remisier or via online trading during normal trading hours.