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Unit Trusts
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CIMB-Principal Asset Management Berhad
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CIMB-P Excess Cash
CIMB-P Excess Cash
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Making your money work for you
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Investment Objective
As per the deed, the investment objective of the Fund is to provide a low risk investment option that normally earns higher interest than traditional bank accounts.The Fund is a short-term money market fund and therefore it aims to provide investors with an income yielding liquid investment that is available at anytime. |
Investment Policies and Strategies
The Fund invests primarily in deposits, money market instruments and short-term bonds with remaining maturity of not more than 365 days. Up to 10% of the Fund's NAV may be invested in short-term bonds with maturity of up to 732 days.
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Asset Allocation:
90 - 100% - Short term Money Market Instruments < 1 year
Up to 10% - Short term bonds > 1 year, < 2 years
Some basic fees:
| Fund Category / Type |
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Money Market / Income |
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| Service Charge |
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Nil |
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| Redemption Charge |
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Nil |
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| Annual Management Fee |
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0.70% on Net Asset Value of the Fund |
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| Annual Trustee Fee |
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0.05% based on NAV (min RM18,000 per annum) |
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| Investors' Profile |
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This fund is suitable for investors who |
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Desire a stream if income;
Look for security, flexibility and at the same
time, prefer easy access to your funds; and/or
Have either a short or medium-term
investment goal |
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| Distribution Policy |
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Quarterly basis |
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Disclaimer:This material is for information purposes only and is not an offer for subscription or purchase of units in the Fund. The information provided herein is subject to change as may be required by the Securities Commission. A prospectus in relation to the Fund has yet to be registered with the Securities Commission. An application for subscription or purchase of the units in the Fund may only be made in an application form accompanying a copy of the prospectus when it is duly registered with the Securities Commission.
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