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Personal Banking > Unit Trusts > AmInvestment Services Berhad > AmGlobal Currencies - Capital Protected Fund


AmGlobal Currencies - Capital Protected Fund
Making your money work for you

Investment Objective

The Fund seeks to provide yearly distribution (if any) over a 2 years investment period while providing 100% capital protection at maturity.


Investment Policies and Strategies


The Fund will mainly invest in 2 years zero-coupon Negotiable Instruments of Deposit (ZNIDs), and an option that participates in appreciation of Korean Won, Brazil Real, Russian Rubl, Canadian Dollar and Euro against the US Dollar.


Asset Allocation:

  • Minimum 90% and up to 95% in ZNIDs

  • Up to 5% in currency Option
  • Up to 5% in cash and fixed income instruments

Some basic fees:

Fund Category / Type - Fixed Income / Capital Protected (closed end)
 
Service Charge - Up to 2.50% of NAV
 
Annual Management Fee - Nil.
 
Annual Trustee Fee - Up to 0.04% p.a. of the Fund's NAV
 
Investor Profiles - Suitable for investors who:
  •   are risks adverse and want to preserve
    their capital.

  •   want potentially better returns than
    bank deposit rates over the 18 months
    investment period
  •   want to participate in the appreciation
    of Korean Won, Brazil Real, Russian
    Rubl, Canadian Dollar and Euro against
    US Dollar.
  •  
    Exit Penalty Fee - Exit charge: Early redemption is allowed at a penalty fee of up to -
  •   1.0% - before the end of 12th month from
    Commencement Date

  •   0.5% - on and after 12th month from
    Commencement Date but before maturity
  •   0.0% - at maturity.


  • Disclaimer

    We recommend that you read and understand the contents of AmMutual Prospectus for AmGlobal Currencies dated 29 January 2008 that is registered with Securities Commission who takes no responsibility to its contents before investing. Units will be issued upon receipt of completed application form accompanying the prospectus and subject to terms and conditions therein. For copies of the prospectus, visit us at our nearest representative office. Unit prices and income distribution, if any, may rise or fall. Past performance of a fund is not indicative of future performance. Please consider the fees and charges involved before investing. AmInvestment Services Bhd does not guarantee any returns on the investments.

    The Fund is not guaranteed and subject to investment risk. The capital protection feature in the Fund only applies to unit holders who hold their investment until the maturity date of the Fund. Any redemption before the maturity date would be based on the NAV of the Fund on that day, and would be subject to an exit fee (thus the protection does not apply in this case). There may be dilution of performance due to the capital protection structure being in place, compared to a conventional fund, which does not have capital protection. Investors are advised to read and understand the capital protection structure of the Fund, which is explained in the Prospectus.




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