Don't have. They just say invest on local and foreign market.


Attached thumbnail(s)

It says fixed income, which generally means bonds.
The only picture I need to know about this is that this is a closed-end fund.
I don't like the idea of lock down the money for 3 years.

But in FSM got lock down?

It is a Global Bond Fund, which will invest in Global Bond at least BBB grade. Clear?

Asset Allocation
• 70% - 99.5% of the Fund’s NAV in fixed income instruments
• 0.5% - 30% of the Fund’s NAV in Liquid Assets

Investment Strategy
The Fund’s investment universe will be in foreign and/or local fixed income
instruments in countries of Eligible Markets where the regulatory authority
is an ordinary or associate member of the International Organization of
Securities Commissions (IOSCO). The Fund will invest in bonds which carry
a minimum rating of BBB- by Standard & Poor’s Financial Services LLC (S&P)
or equivalent by Moody’s Investors Service (Moody’s), Fitch Ratings Inc.
(Fitch) or any other rating agencies. Local bonds rated by RAM Rating
Services Berhad (RAM) will carry a minimum rating of BBB or equivalent by
Malaysian Rating Corporation Berhad (MARC) or any other rating agencies.

see below post.......

Plus it is a global bond fund, which means they can invest in any where in the "eligible markets" and can invest allocation spelled in the prospectus....
since it is a global funds which means other than the normal risk the investor have to bear, the investor will have to bear the currencies risk too...
all it had to do is "try" to beat the Maybank 12 month fd rate

it has an early redemption fees of 1.5% imposed by the fundhouse

This post has been edited by MUM: Jul 25 2017, 03:18 PM

Alright...I better not to try anything funny here. Lol. No track record

The fund cannot have track record to show before you purchase, because by the time it's commenced, the fund is closed for further investment.

I guess the track records are those previous similar closed ended global funds.

For example?
Still learning. Know nothing about closed ended global fund. Lol

What do you guys think the Feds are going to do this Wed?

Eastspring have it before in 2016 if not mistaken...

huhu

Interpac dropping 2 days in a row.

Somebody is cashing out to buy his Audi TT in cash ?

Missed ur reply. Thank you so much for ur clarification.

Huh????
What u talking??
1 person won't have much impact

Depending on how much he has in that particular stock lar, right ?

The drop has been >1% for two days. That is reasonably within the capability of an individual holding. Remember these are two small funds.

This post has been edited by puchongite: Jul 25 2017, 08:35 PM

He's talking about me.

Xde impact on Interpac since my port is underlying stocks. One reason Interpac dropped? See what happened to TECHFAST and SERNKOU. Aku dah jual both 20 julai and bought VS. Sori I sumbang to price drop.

i guess IDS lost its steam ad....

Is HahaCat selling it off yet?

HahaCat

Just learned how to tag people, wanna try it out!

It drops due to stock price slope. it happens many time to interpac which is norm.
since the fund heavily invest in share market.