| Objective |
AmTotal Return is designed as a medium to long-term investment with an objective of producing a regular income stream and to a lesser extent capital growth. |
| Type
of Fund |
Equity
(Income and to a lesser extent growth) |
| Launch Date |
10 January
1989 |
| Maximum fund size
|
500 million
units |
| Minimum suggested investment horizon
|
3 years and more |
| Investment Manager |
AmInvestment
Management Sdn Bhd |
| Trustee |
Amanah
Raya Berhad |
| Entry charge * |
4% to 6%
of the NAV per unit |
| Exit charge # |
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 |
Base management
fee of 1.00% of the NAV of the Fund plus a
profit share of 1/8 of performance above Hurdle
Rate subject to a maximum of 6% p.a. of NAV.
Hurdle rate is the one year rolling fixed
deposit rate of Malayan Banking Berhad or
an equivalent leading bank plus a 3% p.a spread.
|
| Trustee fee |
Up to 0.08%
p.a. of the NAV of the fund |
| Financial year
end |
31 December |
Income distribution
(if any)
|
Income
distribution (if any) is paid at least once a year |
| Minimum initial
investment |
RM1,000
or such amounts as the Manager may from time
to time decide |
| Minimum additional
investment |
RM500 or
such amounts as the Manager may from time
to time decide
Autodebit
RM200 or such amounts as the Manager may
from time to time decide |
| Minimum repurchase
amount |
RM500 or
such amounts as the Manager may from time
to time decide |
| Minimum holding/
balance |
RM1,000
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 Fund Managed by us (not available to
corporate or institution, persons dealing
in the Funds 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 payment is received by us |
| Statement of investment |
Every six
months |
| Reports |
Semi-Annual
Report - 30 June
Annual Report - 31 December |
* The maximum rate of sales charge to be imposed by each distribution channel ( i.e Direct Sales Channel, AmBank and Institutional Unit Trust Agent " 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.
# The maximum rate of exit charge to be imposed by each distribution channel during the life of this prospectus.
