Pheim Income Fund (PIF)
The Pheim Income Fund is an income fund that aims to provide unit holders with consistent income returns in the medium to longer term.
Fund Characteristics:
| Objective of the Fund | PIF aims to provide unit holders with a consistent income return in the medium to longer term. |
| Investor Profile | PIF is suitable for risk adverse investors who are looking for consistent income while taking lower risks compared to equity investments. |
| Investment Strategy | Will invest primarily in medium to long term fixed income instruments and also equities and other high yielding instruments subject to a limit of 20%. |
| Asset Allocation | 80% to 100% in fixed income instruments and liquid assets 0% to 20% in equities and equity linked securities |
| Performance Benchmark | Maybank 1- year fixed deposit rate |
Fees and Charges:
| Sales Charge | None |
| Management Fee | 1.00% p.a. of the NAV of the Fund. The fee is calculated daily and paid on a monthly basis. |
| Trustee Fee | 0.08% p.a. of the NAV of the Fund subject to a minimum fee of RM18,000 (excluding foreign sub-custodian fee). The fee is calculated daily and paid on a monthly basis. |
| Switching Fee |
|
* Kindly refer to the prospectus for more information.