|
Fund Category |
Money market |
|
Fund Type |
Income |
|
Product Risk Rating |
Low |
|
Launch Date |
13 October 2014 |
Asset Allocation
(% of Fund’s NAV) |
-
Deposits and/or money market instruments that will mature within 365 days: Minimum 90%.
-
Deposits and money market instruments (i.e. negotiable instruments of deposits) with maturity periods of more than 365 days but no longer than 732 days: Maximum 10%.
|
|
Performance Benchmark |
Maybank Overnight Deposit Rate. |
|
Investor Profile |
The Fund is suitable for investors who:-
-
have a short-term (i.e. less than 1 year) investment horizon;
-
want to place their monies aside while waiting to make another investment;
-
desire for a regular stream of income*; and/or
-
have a low risk tolerance.
|
|
Minimum Initial Investment |
RM1,000 |
|
Minimum Subsequent Investment |
RM100 |
|
Specific Risks |
Reinvestment risk; interest rate risk; counterparty risk and credit/default risk. |
Notes:
*Income will be distributed in the form of additional Units.
**Please take note that the Fund is not a capital guaranteed or a capital protected fund and that the returns are not guaranteed. |