CIMB Wealth Advisors

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

posted by fooyee @ 4:23 PM