Fund Information

Fund Name Areca Mixed Assets Trust

Fund Category/Type

Open Ended Unit Trust Fund constituted in Labuan, Malaysia with no fixed maturity date. / Mixed assets growth fund

Objective of the  Fund

Aims to provide Medium to Long Term capital growth through investment globally or country focused.

Any material changes to the Sub-Fund’s objective would require Unit Holder’s approval.

Investment  Strategy

The Sub-Fund may invest up to 100% of its NAV in the permitted investments with flexible allocation in its assets to achieve an optimal return by freely changing risk degree according to current market conditions. Depending on the market conditions, the Sub-Fund may concentrate its investments on a single investment in order to achieve its investment objective or for risk management purposes.

The Sub-Fund may also invest in collective investment schemes and place deposits with financial institutions

 

Classes Of Units / Class Currency

Class A

Class B

Class C

Class D

Class E

Class F

The Manager will determine the Class Currency prior to Initial Offer Period of respective Class.

Base Currency USD

Segregation Of Assets

This Sub-Fund shall segregate its assets in respect of each Class so that the performance, expenses, assets and liability of the respective Class of Units are not affected by the performance, expenses, assets and liability of other Class of Units. For avoidance of doubt, the assets of the Sub-Fund and Class of Units shall not be used to offset the liability or claims of other Sub-Fund or Class of Units.

Application/ Sales Of Units Restriction Application / sales of Units is subject to the prior written consent of all existing Unit Holders of the respective Class.
Launch Date 18 January 2018
Asset Allocation Invest in equities, equities-related securities, fixed income instrument and/or other alternative investment.
Distribution of Income and Reinvestment Policy

Incidental, subject to the availability of distributable income.

In the absence of any instructions, at the Manager’s discretion, the Manager may reinvest the income into additional units in the Sub-Fund at the end of the distribution day (ex-distribution price/NAV) without any entry fee.

Distribution of Capital The Manager may at its discretion distribute portion of the Sub-Fund’s NAV / capital without any exit fee.
Financial Year End 31 May
Launching of Sub-Fund or Class of Units The Manager may launch the Sub-Fund or Class of Unit at its sole discretion.
Additional Consideration

In the event where there is a major corporate exercise, including but not limited to material divestment,    appointment of Board of Directors, issuance of share/ securities, listing or delisting of securities or merger and acquisition exercise related to investment made by the Class of Units, the Manager may consult the respective Unit Holders.

 

Fee & Expenses

Annual Management Fee

1% per annum of the NAV of the Sub-Fund for all Classes.

Annual Trustee Fee

The Trustee is entitled to a trustee fee per fund/sub-fund at fixed trustee fee of USD 2,500 per annum for the first year.

For the subsequent year, the fees are as follow:

  • Fund size up to USD 10 million with a fixed fee of USD 3,000 per annum.
  • Fund size of more than USD 10 million at 0.03% of the NAV of the Sub-Fund subject to a maximum fee of USD 5,000 per annum.

Variation of the trustee fee may be agreed upon in writing between the Trustee and the Manager from time to time to vary the fee.

Custodian Fee

The indicated custodian fee currently by Malayan Banking Berhad is up to maximum of 0.03% per annum based on the market value of the portfolio.

Variation of the custodian fee may be agreed upon in writing between the custodian and the Manager from time to time to vary the fee.

Administration Fee

0.25% per annum of the NAV of the Fund for all Classes.

Registrar Fee

0.25% per annum of the NAV of the Fund for all Classes.

Any Other Fees Payable Indirectly By An Investor

These include but are not limited to:

  • Commissions or fees paid to brokers
  • Auditor’s fee;
  • Tax adviser’s fee;
  • Valuation fee;
  • Remuneration and out of pocket expenses of the members of the Investment Committee of the Fund;
  • Taxes and other duties charged on the Fund by the government and/or other authorities;
  • Cost related to tax vouchers;
  • Cost related to annual, quarterly reports and statements;
  • Data and software subscription fee for the management of fund and valuation;
  • Cost incurred for the modification of the Deed other than those for the benefit of the Manager and/or Trustee;
  • Cost, fees and expenses incurred for any meeting of the Unit Holders save where such meeting is convened for the benefit of the Manager and/or the Trustee;
  • (where the custodial function is delegated by the Trustee) charges and fees paid to sub-custodians taking into custody any foreign assets of the fund; and

Any other cost as agreed between the Manager and the Trustees other than those for the benefit of the Manager and Trustee.

Charges

This table describes the charges that you may incur when you buy or redeem Units of the Funds.

Entry Fee Maximum of 1% of the NAV of the respective Class of Unit.
Exit Fee Maximum of 1% of the NAV of the respective Class of Unit.
Transfer Fee Not Available, unless by operation of law, under the provision of the Deed, or transfer between immediate family (subject to the acceptance of the Manager).
Switching Fee Not Available

Transactions

Minimum Initial Investment USD500,000 or equivalent in other currency or such other limit at the Manager’s discretion.
Minimum Additional Investment USD100,000 or equivalent in other currency or such other limit at the Manager’s discretion.
Minimum Redemption USD100,000 or equivalent in other currency or such other amount as decided by the Manager. However, if the redemption request leaves you with less than 100,000 Units (minimum balance), all the Units in your account will be redeemed automatically.
Minimum Balance 100,000 Units or such other limit at the Manager’s discretion.
Redemption Restriction/Frequency

Please note that you can only redeem units once every 1st Business day of the week, subject to the availability of liquid assets in the Sub-Fund or Class of Units. You might not be able to redeem Units if the Sub-Fund or Class of Units is not able to dispose its assets and has insufficient cash.

Redemption Payment

The redemption payment will be made within 10 Business Days (T+10) upon receipt of the duly completed original redemption form, subject to availability of liquid assets in the Sub-Fund or Class of Units.

Cooling Off Right Not Available

In the event of any discrepancies, the Information Memorandum shall prevail.

Fund Information

Fund Name Areca Cash Management Trust

Fund Category/Type

Open Ended Unit Trust Fund constituted in Labuan, Malaysia with no fixed maturity date. / Income fund

Objective of the  Fund

Aims to provide investors with a high level of liquidity while providing current income and capital preservation.

Any material changes to the Fund’s objective would require Unit Holder’s approval.

Investment  Strategy

The Sub-Fund will focus on providing high level of liquidity to meet the short-term cash flow requirements of its investors while providing current income and capital preservation. The Sub-Fund may invest in collective investment schemes, Fixed Income Securities, place deposit with financial institutions and Money Market Instruments which may be concentrated on a single investment/ instrument/ issuance.

 

Classes Of Units / Class Currency

Class AUD

Class USD

Class SGD

Class HKD

Class Euro

Launch Date 18 January 2018

Asset Allocation

Fixed income securities and Money Market Instruments.

Application/ Sales Of Units Restriction Application / sales of Units is subject to the prior written consent of all existing Unit Holders of the respective Class.
Distribution of Income and Reinvestment Policy

Incidental, subject to the availability of distributable income.

In the absence of any instructions, at the Manager’s discretion, the Manager may reinvest the income into additional units in the Sub-Fund at the end of the distribution day (ex-distribution price/NAV) without any entry fee.

Distribution of Capital The Manager may at its discretion distribute portion of the Sub-Fund’s NAV / capital without any exit fee.
Financial Year End 31 May
Launching of Sub-Fund or Class of Units The Manager may launch the Sub-Fund or Class of Units at its sole discretion.
Segregation Of Assets

The assets of the Sub-Fund are pooled and invested as a single fund and are not segregated in respect of each Class of Units.

 

Fee & Expenses

Annual Management Fee

0.05% per annum of the NAV of the Sub-Fund for all Classes.

Annual Trustee Fee

The Trustee is entitled to a trustee fee per fund/sub-fund at fixed trustee fee of USD 2,500 per annum for the first year.

For the subsequent year, the fees are as follow:

  • Fund size up to USD 10 million with a fixed fee of USD 3,000 per annum.
  • Fund size of more than USD 10 million at 0.03% of the NAV of the Sub-Fund subject to a maximum fee of USD 5,000 per annum.

Variation of the trustee fee may be agreed upon in writing between the Trustee and the Manager from time to time to vary the fee.

Custodian Fee

The indicated custodian fee currently by Malayan Banking Berhad is up to maximum of 0.03% per annum based on the market value of the portfolio.

Variation of the custodian fee may be agreed upon in writing between the custodian and the Manager from time to time to vary the fee.

Administration Fee

0.25% per annum of the NAV of the Sub-Fund for all Classes.

Registrar Fee

0.25% per annum of the NAV of the Fund for all Classes.

Any Other Fees Payable Indirectly By An Investor

These include but are not limited to:

  • Commissions or fees paid to brokers
  • Auditor’s fee;
  • Tax adviser’s fee;
  • Valuation fee;
  • Remuneration and out of pocket expenses of the members of the Investment Committee of the Fund;
  • Taxes and other duties charged on the Fund by the government and/or other authorities;
  • Cost related to tax vouchers;
  • Cost related to annual, quarterly reports and statements;
  • Data and software subscription fee for the management of fund and valuation;
  • Cost incurred for the modification of the Deed other than those for the benefit of the Manager and/or Trustee;
  • Cost, fees and expenses incurred for any meeting of the Unit Holders save where such meeting is convened for the benefit of the Manager and/or the Trustee;
  • (where the custodial function is delegated by the Trustee) charges and fees paid to sub-custodians taking into custody any foreign assets of the fund; and

Any other cost as agreed between the Manager and the Trustees other than those for the benefit of the Manager and Trustee.

Charges

This table describes the charges that you may incur when you buy or redeem Units of the Funds.

Entry Fee Maximum of 1% of the NAV of the Sub-Fund for all Class.
Exit Fee NIL
Transfer Fee Not Available
Switching Fee Not Available, unless by operation of law, under the provision of the Deed, or transfer between immediate family (subject to the acceptance of the Manager).

Transactions

Minimum Initial Investment USD150,000 or equivalent in other currency or such other limit at the Manager’s discretion.
Minimum Additional Investment USD10,000 or equivalent in other currency or such other limit at the Manager’s discretion.
Minimum Redemption USD10,000 or equivalent in other currency or such other amount as decided by the Manager. However, if the redemption request leaves you with less than 10,000 Units (minimum balance), all the Units in your account will be redeemed automatically.
Minimum Balance 10,000 Units or such other limit at the Manager’s discretion.
Redemption Restriction/Frequency

Please note that you can only redeem units once every 1st Business day of the week, subject to the availability of liquid assets in the Sub-Fund or Class of Units. You might not be able to redeem Units if the Sub-Fund or Class of Units is not able to dispose its assets and has insufficient cash.

Redemption Payment

The redemption payment will be made within 5 Business Days (T+5) upon receipt of the duly completed original redemption form.

Cooling Off Right Not Available

In the event of any discrepancies, the Information Memorandum shall prevail.

Fund Information

Fund Name Areca Aggressive Portfolio Trust

Fund Category/Type

Open Ended Unit Trust Fund constituted in Labuan, Malaysia with no fixed maturity date. / Growth and Income fund

Objective of the  Fund

Aims to provide Medium to Long Term aggressive capital growth through investment in collective investment schemes.

Any material changes to the Sub-Fund’s objective would require Unit Holder’s approval

Investment  Strategy

The Sub-Fund may invest up to 100% of its NAV in collective investment scheme to achieve an optimal return by freely changing risk degree according to current market conditions.

 

Classes Of Units / Class Currency

Class USD

Class AUD

Class SGD

Class HKD

Class Euro

Launch Date 18 January 2018

Asset Allocation

Investment in collective investment schemes. The Sub-Fund may place deposits with financial institutions.

Distribution of Income and Reinvestment Policy

Incidental, subject to the availability of distributable income.

The Manager may at its discretion distribute portion of the Sub-Fund’s NAV / capital without any exit fee.

In the absence of any instructions, at the Manager’s discretion, the Manager may reinvest the income into additional units in the Sub-Fund at the end of the distribution day (ex-distribution price/NAV) without any entry fee.

Distribution of Capital The Manager may at its discretion distribute portion of the Sub-Fund’s NAV / capital without any exit fee.
Financial Year End 31 May
Launching of Sub-Fund or Class of Units The Manager may launch the Sub-Fund or Class of Units at its sole discretion.
Segregation Of Assets

The assets of the Sub-Fund are pooled and invested as a single fund and are not segregated in respect of each Class of Units.

 

Fee & Expenses

Annual Management Fee

Maximum of 1.5% per annum of the NAV of the Sub-Fund for all Classes.

Annual Trustee Fee

The Trustee is entitled to a trustee fee per fund/sub-fund at fixed trustee fee of USD 2,500 per annum for the first year.

For the subsequent year, the fees are as follow:

  • Fund size up to USD 10 million with a fixed fee of USD 3,000 per annum.
  • Fund size of more than USD 10 million at 0.03% of the NAV of the Sub-Fund subject to a maximum fee of USD 5,000 per annum.

Variation of the trustee fee may be agreed upon in writing between the Trustee and the Manager from time to time to vary the fee.

Custodian Fee

The indicated custodian fee currently by Malayan Banking Berhad is up to maximum of 0.03% per annum based on the market value of the portfolio.

Variation of the custodian fee may be agreed upon in writing between the custodian and the Manager from time to time to vary the fee.

Administration Fee

0.25% per annum of the NAV of the Fund for all Classes.

Registrar Fee

0.25% per annum of the NAV of the Fund for all Classes.

Any Other Fees Payable Indirectly By An Investor

These include but are not limited to:

  • Commissions or fees paid to brokers
  • Auditor’s fee;
  • Tax adviser’s fee;
  • Valuation fee;
  • Remuneration and out of pocket expenses of the members of the Investment Committee of the Fund;
  • Taxes and other duties charged on the Fund by the government and/or other authorities;
  • Cost related to tax vouchers;
  • Cost related to annual, quarterly reports and statements;
  • Data and software subscription fee for the management of fund and valuation;
  • Cost incurred for the modification of the Deed other than those for the benefit of the Manager and/or Trustee;
  • Cost, fees and expenses incurred for any meeting of the Unit Holders save where such meeting is convened for the benefit of the Manager and/or the Trustee;
  • (where the custodial function is delegated by the Trustee) charges and fees paid to sub-custodians taking into custody any foreign assets of the fund; and

Any other cost as agreed between the Manager and the Trustees other than those for the benefit of the Manager and Trustee.

Charges

This table describes the charges that you may incur when you buy or redeem Units of the Funds.

Entry Fee Maximum of 3% of the NAV of the Sub-Fund for all Class.
Exit Fee

NIL other than those fee subject to Redemption Restrictions.

Transfer Fee Not Available, unless by operation of law, under the provision of the Deed, or transfer between immediate family (subject to the acceptance of the Manager).
Switching Fee Not Available

Transactions

Minimum Initial Investment USD150,000 or equivalent in other currency or such other limit at the Manager’s discretion.
Minimum Additional Investment USD10,000 or equivalent in other currency or such other limit at the Manager’s discretion.
Minimum Redemption USD10,000 or equivalent in other currency or such other amount as decided by the Manager. However, if the redemption request leaves you with less than 10,000 Units (minimum balance), all the Units in your account will be redeemed automatically.
Minimum Balance 10,000 Units or such other limit at the Manager’s discretion.
Redemption Restriction/Frequency

Such restriction shall apply if you have opt for the waiver of Entry fee for a lock-in period of 5 years. If during the lock-in period, you wish to redeem the Units, an early redemption fee of 5% of the redemption proceeds will be imposed on redemption of Units

Redemption Payment

The redemption payment will be made within 10 Business Days (T+10) upon receipt of the duly completed original redemption form.

Cooling Off Right Not Available

In the event of any discrepancies, the Information Memorandum shall prevail.

Fund Information

Fund Name Areca Moderate Portfolio Trust

Fund Category/Type

Unit Trust Structure, Sub-Fund (Feeder Fund)

Objective of the  Fund

The Sub-Fund aims to provide Medium to Long Term moderate capital growth through investment globally in collective investment schemes.

Any material changes to the Sub-Fund’s objective would require Unit Holder’s approval.

Investment  Strategy

The Sub-Fund may invest up to 100% of its NAV in collective investment scheme to achieve a moderate return by freely changing risk degree according to current market conditions.

 

Classes Of Units / Class Currency

Class USD

Class AUD

Class SGD

Class HKD

Class Euro

Launch Date 18 January 2018

Asset Allocation

Investment in collective investment schemes. The Sub-Fund may place deposits with financial institutions.

Distribution of Income and Reinvestment Policy

Incidental, subject to the availability of distributable income.

In the absence of any instructions, at the Manager’s discretion, the Manager may reinvest the income into additional units in the Sub-Fund at the end of the distribution day (ex-distribution price/NAV) without any entry fee.

Distribution of Capital The Manager may at its discretion distribute portion of the Sub-Fund’s NAV / capital without any exit fee.
Financial Year End 31 May
Launching of Sub-Fund or Class of Units The Manager may launch the Sub-Fund or Class of Units at its sole discretion.
Segregation Of Assets

The assets of the Sub-Fund are pooled and invested as a single fund and are not segregated in respect of each Class of Units.

 

Fee & Expenses

Annual Management Fee

Maximum of 1.5% per annum of the NAV of the Sub-Fund for all Classes.

Annual Trustee Fee

The Trustee is entitled to a trustee fee per fund/sub-fund at fixed trustee fee of USD 2,500 per annum for the first year.

For the subsequent year, the fees are as follow:

  • Fund size up to USD 10 million with a fixed fee of USD 3,000 per annum.
  • Fund size of more than USD 10 million at 0.03% of the NAV of the Sub-Fund subject to a maximum fee of USD 5,000 per annum.

Variation of the trustee fee may be agreed upon in writing between the Trustee and the Manager from time to time to vary the fee.

Custodian Fee

The indicated custodian fee currently by Malayan Banking Berhad is up to maximum of 0.03% per annum based on the market value of the portfolio.

Variation of the custodian fee may be agreed upon in writing between the custodian and the Manager from time to time to vary the fee.

Administration Fee

0.25% per annum of the NAV of the Sub-Fund for all Classes.

Registrar Fee

0.25% per annum of the NAV of the Sub-Fund for all Classes.

Any Other Fees Payable Indirectly By An Investor

These include but are not limited to:

  • Commissions or fees paid to brokers
  • Auditor’s fee;
  • Tax adviser’s fee;
  • Valuation fee;
  • Remuneration and out of pocket expenses of the members of the Investment Committee of the Fund;
  • Taxes and other duties charged on the Fund by the government and/or other authorities;
  • Cost related to tax vouchers;
  • Cost related to annual, quarterly reports and statements;
  • Data and software subscription fee for the management of fund and valuation;
  • Cost incurred for the modification of the Deed other than those for the benefit of the Manager and/or Trustee;
  • Cost, fees and expenses incurred for any meeting of the Unit Holders save where such meeting is convened for the benefit of the Manager and/or the Trustee;
  • (where the custodial function is delegated by the Trustee) charges and fees paid to sub-custodians taking into custody any foreign assets of the fund; and

Any other cost as agreed between the Manager and the Trustees other than those for the benefit of the Manager and Trustee.

Charges

This table describes the charges that you may incur when you buy or redeem Units of the Funds.

Entry Fee Maximum of 3% of the NAV of the Sub-Fund for all Class.
Exit Fee

NIL other than those fee subject to Redemption Restrictions.

Transfer Fee Not Available, unless by operation of law, under the provision of the Deed, or transfer between immediate family (subject to the acceptance of the Manager).
Switching Fee Not Available

Transactions

Minimum Initial Investment USD150,000 or equivalent in other currency or such other limit at the Manager’s discretion.
Minimum Additional Investment USD10,000 or equivalent in other currency or such other limit at the Manager’s discretion.
Minimum Redemption USD10,000 or equivalent in other currency or such other amount as decided by the Manager. However, if the redemption request leaves you with less than 10,000 Units (minimum balance), all the Units in your account will be redeemed automatically.
Minimum Balance 10,000 Units or such other limit at the Manager’s discretion.
Redemption Restriction/Frequency

You may not be able to redeem your Units if you have opt for the waiver of Entry Fee for a lock-in period of 5 years. If during the lock-in period, you wished to redeem the Units, an early redemption fee of 5% of the redemption proceeds will be imposed on redemption of Units.

Redemption Payment

The redemption payment will be made within 10 Business Days (T+10) upon receipt of the duly completed original redemption form.

Cooling Off Right Not Available

In the event of any discrepancies, the Information Memorandum shall prevail.