Eastspring Investments Japan Dynamic MY Fund ("The Fund") is a Wholesale (Feeder) fund under growth fund type.
The Fund aims to generate long-term capital appreciation by investing in the Eastspring Investments Japan Dynamic Fund ("Target Fund"), which invests primarily in securities of companies in Japan.
The Fund seeks to achieve its investment objective by investing a minimum of 95% of the Fund's NAV in the Target Fund; the remaining Fund's NAV not invested in the Target Fund will be invested in liquid assets.
The Fund will be launched on 7 March 2016. The financial year of the Fund ends on 30th June every calendar year. The Fund Manager is Eastspring Investments Berhad and the Trustee is Deutsche Trustees Malaysia Berhad.
- The fund is suitable for Qualified Investors:
- seek capital appreciation
- want to participate in Japan market
- have high risk tolerance
- are comfortable with the volatility and risk of a fund that invests in a single market adopt a long-term investment horizon
- Asset allocation as follows:
Subject to the availability of income, distribution is incidental.
- Minimum of 95% of the Fund's NAV in the Target Fund; and
- Maximum of 5% of the Fund's NAV in liquid assets.
- The benchmark is MSCI Japan Index (Net).
- Sales charge per unit is up to 5.50% of the NAV per unit of the Fund.
- The repurchase charge is not imposed.
- Transfer fee is Nil. No any minimum transfer units applied.
- Switching fee is not applicable for the Fund. Switching from this Fund into other funds managed by the Fund Manager is allowed. Switching between Classes of the Fund is not allowed. Minimum switching out units is 1,000 units.
- Base currency is Japanese Yen.
- The Annual Management fee is up to 1.80% of the NAV of the Fund.
- Trustee Fee is 0.06% per annum of the NAV of the Fund, subject to a minimum of RM15,000 per annum or its equivalent in the base currency (excluding foreign custodian fees and charges).
- Minimum holding unit is 1,000 units.
- Minimum initial investment is RM1,000 and minimum additional investment is RM100.
- Minimum redemption amount is 1,000 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. This is however, only available on your first investment with the Manager.
Note: Please refer to our nearest branch for more details about Eastspring Investments Japan Dynamic MY Fund.
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