The Pheim Income Fund is an income fund that aims to provide unit holders with consistent income returns in the medium to longer term.
|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 30%.|
|Asset Allocation|| 70% to 100% in fixed income instruments and liquid assets
0% to 30% in equities and equity linked securities
|Performance Benchmark||Maybank 1- year fixed deposit rate|
Fees and Charges:
|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||0.07% 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.|
* Kindly refer to the prospectus for more information.