Investment Objective

The Fund aims to provide investors with opportunity to enjoy regular income and seeks medium-to-long term capital growth by investing into a diversified investment portfolio containing a mixture of fixed income securities and equity securities. The equities securities consist of companies which carry out their activities principally in the luxury or prestige goods and services sector, in any part of the world.

Investment Policies and Strategies

The Fund will invest in global equity securities of companies that offer prestige or luxury goods and services in any country of the world. As such the Fund has exposure to a broad range of industries such as perfume and cosmetics, watches and jewellery, leather goods and accessories, apparels, luxury cars and lifestyle/medical equipment of premium quality, selected primarily on the basis of their capital growth.

At the same time, the Fund will also invest into fixed income securities to seek regular income and stability of capital.

Asset Allocation:

• Fixed Income Securities: Between 40% to 60% of the Fund's NAV


• Global Equity Securities: Between 40% to 60% of the Fund's NAV.


• Cash and Liquid Assets: A minimum of 3% of the Fund's NAV.

Some basic fees:

Fund Category / Type	-	Balanced/Growth & Income
Service Charge	-	Between 4% to 6% of the Fund's NAV per Unit, rounded to the nearest 4 decimal places.
Annual Management Fee	-	1.50% per annum of the Fund's NAV calculated on a daily basis.
Annual Trustee Fee	-	0.08% of the Fund's NAV calculated on a daily basis, subject to a minimum of RM18,000 p.a. (excluding foreign custodian fee and charges)
Investors' Profile	-	The Fund is appropriate for investors who are seeking:   A regular income stream;   More stable investment returns compared to those provided by pure luxury goods equity funds;   Greater diversification in their investment holdings through global exposure; and   Potential for medium-to-long term capital appreciation from investments in the global luxury goods industries.
Distribution Policy	-	Unitholders have the option to receiving:   Distribution warrant;   Cash distribution credited into their Hong Leong Bank savings or current account or any other financial institutions decided by the Manager from time to time; or   Cash distribution reinvestment (automatic if the amount is less than RM50.00).