AmGlobal Agribusiness
A fund that aims to gain the greatest possible return on investments by investing in global agribusiness equities from agricultural commodities to consumer products
Fund Type / Category:
Growth / Feeder (Global equity)
Date launched:
19 July 2010
Min initial investment:
RM1,000 / RM500 (subsequent)
Investment Objective
The Fund aims to gain the greatest possible return on investments by investing in global agribusiness equities from agricultural commodities to consumer products
Approved Fund Size
500 million units
Financial Year End
31 May
Fund Manager
AmInvestment Services Berhad
The Trustee
HSBC (Malaysia) Trustees Berhad
Offer Price during the Initial Offer Period
RM1.00
Asset Allocation
- At least 70% of the Target Fund's assets (after deduction of the liquid assets) are invested in equities issued by foreign and domestic issuers operating in or profiting from the agricultural industry
- A maximum of 30% of the Target Fund's total assets (after deduction of the liquid assets) can be invested in equities issued by foreign and domestic issuers that do not satisfy the requirements of the sub-paragraph above. The Target Fund is denominated in USD
Distribution Policy
Income distribution (if any) is paid at least once every year
Benchmark
The MSCI World is only used as a reference benchmark as the Fund is benchmark independent
Sales Charge per Unit
Up to 5.0% of the NAV
Transfer Fee
RM50 per transfer
Redemption Charge
Up to 1.0% of the NAV
Management Fee
1.80% p.a
Trustee Fee
0.08% per annum
Minimum Initial Investment
RM1,000
Min.Subsequent Investment
RM500
Please refer to our nearest branch or contact our call centre (1300 88 6688) for more details about AmGlobal Agribusiness.