Minimum HoldingsThe minimum holding is one thousand (1,000) units.
Minimum Additional
Investment
There are no minimum units for additional investment.
The Minimum Redemption
Amount
Unit Holders may redeem any amount subject to a minimum holding of one thousand (1,000) units.
Restriction on The Frequency
of Redemption
None
Information on Cooling-Off
Period
Six (6) business days from the date of receipts of the application for the units by the Manager.
Transfer of UnitsA Unit Holder may fully or partially transfer his units to another Unit Holder. In the event of a partial transfer, both transferor and transferee must each hold a minimum holding of one thousand (1,000) units after transfer.
(a) Normal TransferTransfer process is done by completing the relevant form and submission of required documents of the transferor and transferee.
(b) Deceased TransferTransfer process is done by completing the relevant form and submission of required documents of the transferor (deceased) and transferee.
Distribution Reinvestment OptionReinvestment of Distribution of Income may be done upon instruction from the Unit Holder, subject to certain criteria. There is no incidental cost associated with reinvestment.
Distribution PolicyPayment of distribution, if any, is made out in the form of cheque or direct credit. The cheque will be posted to the registered address of the Unit Holder and is valid for a six (6) months period (from the date of the distribution cheque. If the Manager deems the distribution to be uneconomical to pay out, the amount will be automatically reinvested into the unit holders’ accounts in the form of additional units in the Fund at no cost.