The objective of the Fund is to provide investors with capital gain on the maturity date by investing in the Hang Seng China Enterprise Index (HSCEI) and the Nasdaq 100 Index (NDX) while seeking to protect 80% of the initial capital.

Investment Policies and Strategies

The Fund will invest in a Structured Investment issued by United Overseas Bank Malaysia Bhd ("UOBM"). This Structured Investment will provide 80% principal protection upon maturity and the maturity payout will be based on the average quarterly absolute return of the equally-weighted basket comprising the HSCEI and NDX indices (the "Basket Return").

The Structured Investment will invest such sum as necessary in 2-year Ringgit Malaysia denominated inter-bank money market instruments which upon the maturity of the Structured Investment, will provide for the maturity redemption of 80% of the initial capital raised whilst the remaining portion of the initial capital, after deduction of sales charges, will be used to generate the maturity returns through the purchase of over-the-counter 2-year quarterly Asian-style call and put options (the "Straddle Options"). UOBM will purchase the Straddle Options from its parent company, United Overseas Bank Limited, Singapore ("UOBS"). The Straddle Options will be issued on the HSCEI and NDX indices.

The HSCEI index comprises the shares of state-owned Chinese companies listed on the Hong Kong Stock Exchange ("H-Shares") while the NDX index comprises the shares of one-hundred (100) largest domestic and international non-financial companies listed on the Nasdaq Stock Market ("NASDAQ"), based on market capitalisation.

The Basket Return is based on the absolute returns generated from both indices. That is, investors stand to gain regardless of the direction/movement of each index during the term of the investment.

The Straddle Options are denominated in MYR (so called "Quanto-ed" options) and have strike prices fixed at 100% of the market levels of the indices on the inception date of the Fund. The payout on the Maturity Date will be based on:

The sum of:
1)   80% of Investment Amount and
2)   Final Interest Payment (if any) Where Final Interest Payment is equal to :

Investment Amount x PR x Basket Return "Investment Amount" means the amount of initial capital raised.

"PR" means the "Participation Rate" and is expected to be set between
92% and 112% (both inclusive).

"Basket Return" means the average absolute performance of the
equally-weighted basket comprising of HSCEI and NDX, determined over eight
(8) quarterly observation dates. For this purpose, the negative signs of the index
movement are disregarded.

Asset Allocation:

Up to 97% of the Investment Amount (before deduction of sales charges) shall be invested in:
1.Structured Investment linked to the absolute return of an
equally-weighted basket comprising HSCEI and NDX, and issued
by UOBM.
2.The balance amount (after deduction of sales charges) shall be invested
in - money market instruments, cash and deposits with licensed financial
institutions.

Some basic fees:

Fund Category / Type	-	Growth / Structured Product / Closed End
Service Charge	-	2.0408% of NAV or 2.00% of Sales
Annual Management Fee	-	0.50% per annum.
Annual Trustee Fee	-	0.08% per annum (minimum RM18,000)
Qualified Investors	-	Subscription of Units is open to :
		1.   An individual whose total net personal assets exceed RM3 million or its equivalent in foreign currencies; 2.   A corporation with total net assets exceeding RM10 million or its equivalent in foreign currencies based on the last audited accounts;and 3.   A unit trust scheme or prescribed investment scheme.
Investors' Profile	-	Suitable for Investors :
		Who can accept partial capital protection   Who seek capital growth   Who are conservative but able to take some form of risk   Who wish to participate in the volatility of the Hang Seng China Enterprises Index and NASDAQ-100 Index   Who have a short term investment horizon..
Exit Penalty Fee	-	1.50% < 1 year     1.00% = 1 year < 2 years     0% - On Maturity