Global Property Fund vs KLCI & Global Equity Fund Benchmark From 25/20/ 2005 To 26/04/2006
Dear all investor,
I have generated a few fund's benchmark reports to share with you all.
1.KLCI(Kuala Lumpur Composite Index) VS AmGlobal Property Equity Fund since Inception
BENCHMARK: KLCI vs AMGLOBAL PROPERTY EQUITY FUND(GPF)
Date KLCI aGPF 25/10/2005 904.75 0.00% 0.9429 0.00% 14/11/2005 896.19 -0.94% 0.9429 0.00% 29/11/2005 898.63 -0.67% 0.9605 1.86% 14/12/2005 898.80 -0.64% 0.9767 3.54% 29/12/2005 900.49 -0.45% 0.9973 5.63% 17/01/2006 907.52 0.35% 1.0234 8.23% 07/02/2006 923.84 2.15% 1.0435 10.20% 22/02/2006 924.40 2.21% 1.0548 11.30% 09/03/2006 920.91 1.84% 1.0594 11.75% 24/03/2006 926.09 2.41% 1.0955 15.13% 10/04/2006 942.47 4.17% 1.1027 15.80% 24/04/2006 943.36 4.27% 1.1032 15.86%Conclusion :Based on the analysis above we can conclude that AmGlobal Property Fund is outperformed the KLCI inception of the AmGlobal Property Fund.AmGlobal Property Fund fully subscribed within 2 weeks time since its first launched.The second Global Property fund launched by Hwang DBS
(Hwang DBS Global Property Fund) is selling fast now and only left 95million units left since launched 19 April 2006.It's predicted to be fully subscribed in 2 weeks from the launch date due to the hot demand of Global REIT compared to the Global Equity from the investors.So act fast,before u miss the golden opportunity!!
SBB Global Balanced Fund fully subscribed!
The Edge Daily.com (17 March 2006)
SBB Global Balanced Fund fully subscribed!SBB Mutual Bhd’s second global fund, SBB Global Balanced Fund (GBF) has been fully subscribed in less than two months after its launch.
It said all 400 million units of GBF was fully subscribed on March 14. This follows closely the success of the SBB Global Growth Fund (GGF) which was also fully subscribed in January.
The third fund launched under the SBB Global Fund Series is the SBB Asian Equity Fund (AEF).
In a statement on March 16, SBB Mutual said all three funds were true-to-label foreign funds and had received tremendous support from it s distributors and the investors.
Tan Beng Wah, CEO of SBB Mutual said: “The GGF was re-opened with an additional 200 million units in February, and that is being taken up quickly too.”
He said AEF, which was launched on March 1, 2006, was also receiving encouraging response from the investors.
Tan added that SBB Mutual would continue to offer more innovative funds, both domestic and global funds this year to cater more specifically to the needs of the public.
AEF invests in the Asian region for capital growth by investing in equities and equity related instruments.
GGF seeks long-term capital growth in global equities and debt obligations of companies and governments worldwide and is suitable for investors with an investment horizon of more than five years.
GBF aims to provide investors with capital appreciation and current income over the long term by investing in a diversified portfolio of equity and fixed income securities worldwide.
Franklin Templeton Investments is the outsourced foreign fund manager undertaking the investment management function of the global funds.
Courtesy of...
Regards,
Lee Foo Yee
SBB Mutual Berhad
012-6285101
fooyee@gmail.com
WAIVER OF SBB STANDING INSTRUCTION (SI) CHARGE FOR EXISTING INVESTORGREAT NEWS to all our customers!
Following our earlier circular no. 131/2006/FIN dated 6 April 2006, we wish to advise that effective 10 April 2006, new and existing investors who sign up an SI(Regular Saving) using Southern Bank account through our agency force to invest in SBB Mutual’s proprietary funds and 3rd party funds will be exempted from the monthly RM1.50 charge.
Global Property Fund Launched at 19th April 2006!
Hwang-DBS Global Property Fund Launched at 19th April 2006!! Good News! We are pleased to announce that SBB Mutual will be carrying the latest fund from Hwang-DBS Investment Management Berhad – Hwang-DBS Global Property Fund on 19 April 2006!
The Fund will be invested in REITs and global property securities around the world and will be managed in partnership with sub-manager AMP Capital Investors, an expert with over 40 years proven track record in managing global property investments in Australia.
Kindly be informed that this Fund is
ONLY OPENED FOR CASH INVESTMENT.
In conjunction with this launch, we are running a special promotion during the
21-day Initial Offer Period
(19 April 2006 to 9 May 2006) as outlined below:
·
0.5% FREE additional units for investments of RM5,000 & above during the Initial Offer Period & (Note – Free additional units offered during IOP is not counted for campaigns, maintenance contract and other agency benefits)
Fund Summary Sheet Fund Category / Type : Feeder Fund / Income
Approved fund size : 300,000,000 units or RM150 million
Investment objective : The Fund seeks to provide investors with regular income distributions and medium to long-term capital appreciation during the investment period by investing in a single collective investment scheme that invest globally in real estate investment trusts (REITs), REITs type securities and real estate securities.
Asset allocation : 95% to 99.8% of the Fund’s NAV will be invested in a Singapore-based collective investment scheme, I.e. Singapore Dollar (S$) Class of DBS Global Property Securities Fund (GPSF) while maintaining a minimum of 0.2% of its NAV in liquid assets.
Where :
GPSF invests 70% globally in REITs, REITs type securities listed or traded on a regulated market; and 30% on quoted securities of companies listed or traded on a regulated market which derive a substantial part of their revenue from the ownership,
management and/or development of real estate primarily in the United States (US), Australia, the European Union (EU) and Asia.
Investment Strategy : The fund may invest up to 99.8% of its NAV in the S$ Class of GPSF and the remaining in liquid assets. The Manager may take temporary defensive positions that may be inconsistent with the Fund’s principal strategy in attempting to response to adverse market conditions, economics, political or any other conditions. Another fund with similar objective will be
replaced if GPSF no longer meets the proposed Fund’s investment objective.
Special Selling Points / Benefits : 1.Allows home investors to tap global property opportunities as one asset class in their portfolio.
2.Asian REITs are expected to perform well on the back of benign interest rate outlook, continued strong economic growth.
3.A mild correlation with Equities and Bonds
Trustee : HSBC (Malaysia) Trustee Berhad
Investment Geography : Invest globally with primary focus in the United States (US), Australia, the European Union (EU) and Asia.
Investor Portfolio : The fund is suitable for investors:-
• who wish diversification to traditional equity investments; and seeking for regular income and potentially higher returns than fixed deposits
• with a risk profile of slightly higher than a bond fund but lower than a dividend focused equity fund.
Fee and Charges :5% - 7% of the NAV per unit
1.75% per annum of the NAV of the Fund
0.07% per annum (including local custodian but excluding foreign sub-custodian fee) of the NAV of the Fund, subject to a minimum fee of RM18,000 per annum. Trustee should be entitled to an additional trustee fee of 0.03% p.a. of the NAV of the Fund if Trustee becomes a counter-party in any hedging transaction
Switching Fee : Two free switch to any fund managed by the Manager in every calendar year. For subsequent switches within the same calendar year, a fee of 1% would be imposed on the amount switched.
Note : No switching facility during the Initial Offer Period. For full details of switching facility, please refer to the Fund’s Master Prospectus.
For Futher Fund Information Please contact :
LEE FOO YEE+60126285101
UNIT TRUST CONSULTANT
SBBMUTUAL SDB BHD
