RHB Multi-Asset Recovery Strategy Fund

This Fund aims to achieve long term capital appreciation by investing in a portfolio of exchange traded fund.

Fund Type / Category:
Growth / Fund of fund (ETF)

Approved Fund Size:
400 million units

Financial Year End:
31 December

Offer Price during the Initial Offer Period:
RM0.50

Investment Objective

This Fund aims to achieve long term capital appreciation by investing in a portfolio of exchange traded fund.

The Trustee

Equity Trust (Malaysia) Berhad

Investor Profile

This Fund is suitable for investors who:

Asset Allocation

The asset allocation of the Fund is as follows:

Up to 100% of Net Asset Value

Up to 2% of Net Asset Value

Distribution Policy

Consistent with the Fund's objective which aims to achieve long term capital appreciation, distributions will therefore be of secondary importance. Distributions, if any, will be reinvested after deduction of taxation and expenses.

Benchmark

The performance of the Fund is benchmarked against an average annual return of 8.00%* over
the long term.

* This is not a guaranteed return and is only a measurement of the Fund's performance.
The Fund may not achieve the aforesaid average annual return of 8% in any particular financial year but targets to achieve this growth/return over the long term.

Sales Charge per Unit

5.00% of investment amount

Transfer Fee

RM5 per transfer

Repurchase Charge per Unit

The repurchase charge of 1.00% of the redemption amount is payable by a Unit Holder if he redeems his investments within the 6 months period commencing from the last day of the Initial Offer Period. After the 6 months period, no repurchase charge will be levied. All repurchase charges paid by the Unit Holders will be retained by the Manager.

Switching Fee

RM25.00 per switch or the difference in sales charge between the switching funds on the amount to be switched, where applicable.

Minimum Balance of Investment

100 Units or such other quantity as the Manager may from time to time decide.

Annual Management Fee

1.50% per annum of Net Asset Value before deducting the Manager's and Trustee's fees for that particular day.

Trustee Fee

0.08% per annum of Net Asset Value before deducting the Manager's and Trustee's fees for that particular day, subject to a minimum of RM18,000 per annum (excluding foreign custodian fees and charges).

Minimum Initial Investment

RM1,000 or such other amount as the Manager may from time to time accept.

Min Additional Investment

RM100 or such other amount as the Manager may from time to time accept.

Redemption Period

Redemption monies to be paid within ten (10) days after receipt by the Manager of the request to repurchase

Cooling-off Period

Unit Holders have the right within six (6) business days commencing from the date of receipt of the application by the Manager, to withdraw the subscription and obtain a refund of the investment, subject to eligibility.

Please refer to our nearest branch for more details about RHB Multi-Asset Recovery Strategy Fun


Download Fund Factsheet

Download Prospectus / Info Memorandum

Download Product Highlights Sheet (PHS)

 

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