| |
| Objective |
AmIncome Reward is a short to medium-term fixed income fund which aims to give a high level of liquidity |
| Type
of Fund |
Fixed
Income (Income) |
| Launch Date |
9 June 2006 |
| Approved fund size
|
200 million units |
| Minimum suggested investment horizon
|
1 month and more |
| Investment Manager |
AmInvestment Management Sdn Bhd |
| Trustee |
HSBC (Malaysia) Trustee Berhad |
| Performance Benchmark |
Malayan Banking Berhad 1-Month Repurchase Agreement (repo) Rate |
| Entry Charge * (% of the NAV per unit for cash sales) |
Nil |
| Entry Charge # (% of the NAV per unit for EPF sales) |
Nil |
| Exit Charge ## (% of the NAV per unit) |
Nil |
| Switching fee |
For switches between any of the Funds mentioned in the AmMutual Master Prospectus, you may be charged up to 6% of the amount switched, per switch. |
| Manager's fee |
Up to 0.75% p.a. of the NAV of the Fund |
| Trustee fee |
0.05% p.a. of the NAV of the Fund |
| Financial year
end |
30 September |
Income distribution
(if any)
|
Income distribution (if any) will be paid monthly |
| Minimum initial
investment |
RM50,000 or such amounts as the Manager may from time to time decide |
| Minimum additional
investment |
RM50,00 or such amounts as the Manager may from time to time decide |
| Minimum repurchase
amount |
RM50,000 or such amounts as the Manager may from time to time decide |
| Minimum holding/
balance |
RM50,000 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 |
Ordinary Application
Six (6) Business Days of us accepting the investment . The cooling off period commence from the day we accept the complete documentation with paymentis received by us
EPF Application
Subject to EPF's terms and conditions (if any), if you make an investment using your EPF Funds, the cooling-off period starts from the date of the complete application together with the monies is received by us from EPF
|
| Statement of investment |
Every six months |
| Reports |
Semi-Annual Report - 31 March
Annual Report - 30 September |
* The maximum rate of entry charges to be imposed by each distribution channel ( i.e Direct Sales Channel, AmBank and Institutional Unit Trust Adviser " IUTA") during the life of this Prospectus.Investors are advised that they may negotiate for lower sales charge prior to the conclusion of the sales.
** As at the date of this Prospectus, AmDynamic Bond, AmIttikal, AmNew Frontier, AmCumulative Growth, AmGlobal Property Equities Fund, AmOasis Global Islamic Equity, AmAsia-Pacific Property Equities, AmSchroder European Equity Alpha, AmAsian Income, AmGlobal Bond, AmPan European Property Equities, AmGlobal Agribusiness, AmGlobal Enhanced Equity Yield, AmPrecious Metals, AmGlobal Climate Change, AmGlobal Emerging Market Opportunities, AmEmerging Markets Bond and AmCommodities Extra are not approved under EPF Investment Scheme.
# Effective 1 January 2008, an entry fee of 3% will be charged to the Funds under the EPF investment scheme.
## The maximum rate of exit charge to be imposed by each distribution channel during the life of this Prospectus. All exit charge incurred by exiting Unitholders who redeem their units will be placed back to the Funds.
The Manager reserves the right to waive or reduce the entry charge or the exit charge from time to time at its absolute discretion.
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