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 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:
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 | 0.07% 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. |
Switching Fee |
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* Kindly refer to the prospectus for more information.