Affin Hwang World Series - China Growth Fund (the "Fund") is a wholesale feeder fund which seeks to achieve capital appreciation over medium to long term period through investments in China equities by investing in BGF China Fund (the "Target Fund"), a Luxembourg-domiciled sub-fund of BlackRock Global Funds managed by BlackRock Luxembourg S.A. (the "Management Company"). The Management Company has delegated its investment management functions to the BlackRock Investment Management (UK) Limited as the investment adviser and BlackRock Asset Management North Asia Limited as the sub-investment adviser, both being the Target Fund Manager.

This Fund will be offered in three (3) Classes on Maybank Platform. They are MYR Class, MYR-Hedged Class and USD Class.

The Manager of the Fund is Affin Hwang Asset Management Berhad and the trustee of the Fund is HSBC (Malaysia) Trustee Berhad.

  • The Fund is designed for Sophisticated Investors who:
    • seek capital appreciation through investments in China equities;
    • have high risk tolerance; and
    • have a long term investment horizon.
  • Asset Allocation for the Fund are as follows:
    • minimum of 90% of the Fund's NAV to be invested in the Target Fund; and
    • maximum of 10% of the Fund's NAV to be invested in money market instruments, deposits and/or liquid assets.
  • The Fund is not expected to make distribution. However, incidental distribution may be declared whenever is appropriate.
  • The performance benchmark is MSCI China 10/40 Index.
  • Sales Charge per unit is up to 5.50% of the NAV per unit of a Class, exclusive of Goods and Services Tax ("GST"). There is no repurchase charge.
  • Transfer facility is RM5 per transfer or any other amount the Manager deem appropriate.
  • There is no switching fee.
  • Base currency of the Fund is USD.
  • Minimum balance of investment are as follows:-
    • MYR Class - 60,000 units
    • MYR-Hedged Class USD Class - 60,000 units
    • MYR-Hedged Class USD Class - 10,000 units
  • The Fund's annual management fee is 5.50% of the NAV per unit of a particular class.
  • The Fund's annual trustee fee is 0.10% of the NAV of the Fund calculated and accrued daily (excluding foreign custodian fees and charges).
  • Minimum initial investment of the Fund are as follows:-
    • MYR Class - MYR 30,000
    • MYR-Hedged Class - MYR 30,000
    • USD Class - USD 5,000
  • Additional investment of the Fund are as follows:-
    • MYR Class - MYR 10,000
    • MYR-Hedged Class - MYR 10,000
    • USD Class - USD 1,000
  • Minimum holding of units for a particular class in the Fund are as follows:-
    • MYR Class - 60,000 units
    • MYR-Hedged Class - 60,000 units
    • USD Class - 10,000 units
  • Redemption monies to be paid within ten (10) calendar days from the date of redemption request is received by the Manager.
  • Cooling off period, unit holders may exercise cooling-off rights within six (6) business days commencing from the date the application of investment received by the Manager.


Please refer to our nearest branch for more details about Affin Hwang World Series - China Growth Fund (MYR, MYR-Hedged and USD Class).

 

Please fill in the following details and we will be in touch to assist you with your application.
*Your name: 
*Phone number: 
Email: 
*Product: 
Call me at: 
Remarks: 
*Required fields


Thank you for your time.
We have received your information.
Our financial experts will contact you within 2 working days or at the time you've requested.