Areca Capital » Areca incomeTRUST

Areca incomeTRUST

Fund name	Areca incomeTRUST
Fund Category/Type	Fixed Income/Income
Objective of the Fund	To provide investors with short to medium term capital preservation and a regular income.
Launch Date	23 April 2007
Approved Fund Size	750,000,000 units
Risk Barometer	Relatively low

Annual Management Fee	Up to 1.15% p.a. of NAV of the Fund
Annual Trustee Fee	0.08% p.a. of NAV of the Fund, subject to a minimum of RM18,000.00 p.a.

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

Entry Fee	Direct investment through the Management Company. Up to 2% of the amount invested. Third party distributors including appointed Institutional Unit Trust Adviser. Up to 3% of the amount invested.
Exit Fee	Direct investment through the Management Company. NIL Third party distributors including appointed Institutional Unit Trust Adviser. NIL
Transfer Fee	NIL
Switching Fee	Nil (Unlimited free switches)

Below are the charges applicable to investors who invest only in incomeTRUST on standalone basis without the benefit of VIP switching facility.

Entry Fee	Direct investment through the Management Company. Up to 0.15% of the amount invested. Third party distributors including appointed Institutional Unit Trust Adviser. Up to 0.15% of the amount invested.
Exit Fee	Direct investment through the Management Company. Up to 0.50% of the amount liquidated for liquidation of Units invested for a duration less than 6 months. Third party distributors including appointed Institutional Unit Trust Adviser. Up to 0.50% of the amount liquidated for liquidation of Units invested for a duration less than 6 months. This fee would be waived if Units liquidated (including distributions/unit split for calculation, if any) have not made any gain.
Transfer Fee	NIL
Conversion Facility	Unit Holders can avail themselves to the VIP switching facility by paying a one-off conversion fee (relevant entry fee for VIP less the entry fee paid earlier)

Minimum Initial Investment	RM10,000 or such other limit at the Management Company’s discretion.
Minimum Additional Investment	RM1,000 or such other limit at the Management Company’s discretion.
Liquidation Notice/Frequency	Any Business Day. However, liquidation notice must be submitted before 3.30pm on transaction day (T day) for processing / Unlimited.
Cooling Off Right	Within 6 Business Days commencing on the date of receipt of the application for Units by the Manager – Full refund. Applicable for initial investment by investors in any funds managed by the Manager for the first time only. Not applicable to corporation or institution, a staff of the Manager and persons registered with a body approved by the SC to deal in unit trusts.
Switching Facility	Offered under VIP with unlimited free switches between equity and non-equity Funds.
Transfer Facility	Transfer from corporate account to individual account is not allowed.

In the event of any discrepancies, the Prospectus shall prevail.