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SBB Mutual Berhad



SBB Equity Income Fund

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The objective of SBB Equity Income Fund is to provide investors with an opportunity to gain consistent and stable income by investing in a diversified portfolio of dividend yielding equities and fixed income securities. The Fund may also provides moderate capital growth potential over a medium to long term period

What is it for?

This fund is suitable for investors who:

  • Look for stable income through equity income that offers stable income and growth potential
  • Are willing to take moderate risks for potentially moderate returns in investments

Detail of Fund

Name of Fund SBB Equity Income Fund
Management Company SBB Mutual Bhd (formerly known as BHLB Pacific Trust management Company Bhd) (209627-H)
Trustee Universal Trustee (Malaysia) Bhd (17540D)
Investment Manager
SBB Asset Management Sdn Bhd (217841-M)
Designated Fund Manager Mr Philip Wong
Investment Strategy To invest in a diversified portfolio of mainly dividend yielding equities and fixed income securities
Fund Size

300,000,000 units

Selling price per unit (initial) RM1.00 per unit for the 21 days offer period
Sales charge per unit
A sales charge of 6.5% of the NAV per unit will be charged (According to the terms of the Deed, a range of up to 10% of the NAV per unit may be charged)
Repurchase charge per unit
Nil for the term of this prospectus from the inception of the Fund. However according to the terms of the Deed up to a maximum of 5% of the NAV per unit may be charged
Management fee
An annual fee of 1.85% of the Net Asset Value (NAV) of the Fund calculated on a daily basis. (According to the terms of the Deed an annual management fee of up to a maximum of 3% of the NAV may be charged)
Trustee fee
Annual Trustee Fee of 0.06% per annum calculated daily based on the Net Asset Value of the Fund for that particular day, however this is subject to a minimum of RM18,000 per annum. Should the Fund size warrant a fee of RM18,000 per annum, then the computation of the Trustee Fee will be based on the RM18,000 accrued daily over the financial year of the Fund. The Trustee Fee, may nonetheless be increased up to a maximum of 0.2% per annum or decreased below 0.06% per annum subject to the agreement by the Manager and Trustee
Selling Price
NAV + Service Charge
Scripless
Certificates are not issued. A confirmation Advice Slip (CAS) will be issued to the unit holder
Loan Financing
Unavailable at the launch of the Fund
Fund Transfer Permissible
Fund Switching
Non-Islamic funds are allowed to switch into Islamic funds, but switching out of Islamic funds into non-Islamic funds is not allowed as a matter of policy. Switching amongst Islamic funds is permissible
Distribution Policy This will be consistent with the Fund’s objective, where payables will be paid in the form of distribution, if any
Investment Options Lump sum cash plan
Regular Investment Plan
KWSP Investment scheme
*Loan scheme is unavailable until further notice

Investment Amount

Minimum Initial Investment RM1,000
Minimum Additional Investment RM200
Minimum Redemption Amount None
Minimum Holding 1,000 units

For more information, call us at 03-2055 9733 or visit your nearest AFFINBANK Customer Relationship Centre today!
 
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