Buy Malaysia Stock Market
||Follows the performance of FTSE Bursa Malaysia KLCI*, effectively buying into the Malaysian market performance |
||FTSE Bursa Malaysia KLCI*|
|Stock Short Name
|Trading Board Lot Size
0.50% p.a. of the NAV of the Fund
0.06% p.a. 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).|
|Clearing Fee: On-market transaction – 0.03% (subject to maximum of RM1,000.00 per contract).|
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|
||Semi-annually (if any)|
||Bursa Malaysia Berhad|
||7 June 2007 |
||Malaysian Ringgit (MYR)|
||AmInvestment Bank Berhad|
Malacca Securities Sdn. Bhd.
* FTSE Bursa Malaysia KLCI replaces FTSE Bursa Malaysia Large 30 Index as the Benchmark Index.
Please refer to Prospectus for more details.
Please visit Bursa Malaysia for the details of the market makers.
Top 5 Reasons To Invest
||Easy access to diversification - own top 30 Malaysian companies with a single trade|
||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 0.5% (unlike an actively managed unit trust fee which is normally around 1.5% to 2%)|
||Transparency - you know what top 30 Malaysian stocks you are buying into via Index Composition|
||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 FBM KLCI etf (formerly known as FBM30etf) through your broker/remisier or via online trading during normal trading hours.