| Objective |
AmCommodities Active - Capital Protected aims to give investors’ 100% capital protection and exposure to a dynamically rebalanced and actively managed commodities index.
|
| Category of Fund |
Fixed income (close ended) |
| Type of Fund |
Capital protected |
| Launch Date |
2 September 2008 |
| Approved fund size |
200 million units |
| Investment Manager |
AmInvestment Management Sdn Bhd |
| Trustee |
AmanahRaya Trustees Berhad |
| Benchmark |
Malayan Banking Berhad 1 year fixed deposit rate |
| Entry charge* |
The maximum rate imposed by each distribution channel during the life of the Prospectus
| Distribution Channel |
Maximum entry charge |
| Direct Sales |
3.50% of NAV per unit |
| AmBank |
3.50% of NAV per unit |
| IUTA |
3.50% of NAV per unit |
All charges will be rounded up to two(2) decimal places and will be retained by the Manager.
Investors are advised that they may negotiate for lower entry charge prior to the conclusion of the sales.
|
| Exit Penalty Fee# |
Early redemption is allowed at a penalty fee of :-
- Up to 1.5% of the NAV per unit of the Fund
For withdrawal request made before the end of the 12th month from the Commencement Date.
- Up to 1.0% of the NAV per unit of the Fund
For withdrawal request made after the end of the 12th month but before the end of the 24th month from the Commencement Date.
- Up to 0.5% of the NAV per unit of the Fund
For withdrawal request made after the end of the 24th month from the Commencement Date but before the Maturity Date of the Fund.
- Nil
For withdrawal made on Maturity Date
All exit penalty fee charged will be placed back to the Fund. This is to safeguard the remaining Unitholders whose intention is to stay with the Fund until maturity.
|
| Switching fee |
For switches between any of the funds managed by AmInvestment Services, you may be charged up to 6% of amount switched, per switch. |
| Manager's fee |
Nil |
| Trustee fee |
Up to 0.08% p.a. of the NAV of the Fund |
| Financial year end |
31 October |
Income distribution
(if any)
|
Income distribution (if any) is paid annually |
| Minimum initial investment |
RM5,000 or such amounts as the Manager may from time to time decide |
| Minimum additional investment |
RM5,000 or such amounts as the Manager may from time to time decide |
| Minimum repurchase amount |
RM5,000 or such amounts as the Manager may from time to time decide. |
| Minimum holding/balance |
RM5,000 or such amounts as the Manager may from time to time decide. |
| Unit price |
Forward pricing |
| Cooling-off rights |
Only available for first time individual investors investing in any funds managed by us. (not available to corporate or institution, persons dealing in the Fund and persons related to the Manager)
|
| Cooling-off period |
Six (6) Business days of making the investment.
Ordinary Application
The cooling-off period commences from the day we accept complete documentation with payment.
|
| Statement of investment |
Every six months |
| Reports |
Semi-Annual Report - 31 October
Annual Report - 30 April
|
