The objective of the Fund is to achieve a price and yield performance, before fees, expenses and tax, that is generally similar to that of the Benchmark, balanced with the need to facilitate liquidity provision.
Any material change to the Fund’s investment objective will require the Unit Holders’ approval by way of a resolution of not less than two-thirds of all Unit Holders at a Unit Holders’ meeting duly convened and held in accordance with the Deed.
FTSE Bursa Malaysia KLCI**
Stock Short Name
Trading Board Lot Size
0.50% per annum of the NAV of the Fund
0.05% per annum of the NAV of the Fund
Other charges that you may incur
Brokerage Fee: Maximum of 0.70% of the contract value (subject to minimum of RM40).
I. On-market transaction – 0.03% (subject to maximum of RM1,000.00 per contract).
II. Direct-business transaction – 0.03% (subject to a minimum of RM10 and maximum of RM1000.00 per contract).
Stamp Duty: RM1.00 for every RM1,000.00 or fractional part of value of units (payable by both buyer and seller), subject to a maximum of RM200.00.
HSBC (Malaysia) Trustee Berhad
Income Distribution Policy
The Fund may periodically be entitled to and receive dividends on the holdings of shares and yields on the placement or investment of its cash. The Manager endeavors to pay out all such income after deducting appropriate fees, expenses and tax, however, the exact amount to be determined will be at the absolute discretion of the Manager.
Cash distributions (if any) are expected to be made semi-annually of which details of declaration dates, distribution amounts, ex-distribution dates and distribution payment dates will be duly published on www.bursamalaysia.com.
Bursa Malaysia Berhad
7 June 2007
Malaysian Ringgit (MYR)
AmBank (M) Berhad
Malacca Securities Sdn. Bhd.