Overview
Objective
The Fund aims to achieve a combination of income and long-term capital growth by investing in a collective investment scheme called the Fidelity Global Property Fund (FGPF).
Initial Offer Period: 21 days from 9th August - 29th August 2007 at RM0.50 per unit.
Financial Year End: 30th June.
Distribution Policy: Annually, if any.
Investor Profile
Suitable for investors who:
- want diversification from a portfolio of global property related securities;
- aim to participate in the growth and securitisation story of global properties;
- want a combination of income and capital appreciation;
- are willing to tolerate short-term volatility and risks associated with holding a property markets portfolio for longer term returns;
- are aiming for further diversification of an existing investment in local properties;
- are looking for further diversification on an existing portfolio of equity and bond funds.
Strategy
To invest a minimum of 95% of the NAV in FGPF (Fidelity Global Property Fund), a sub fund of Fidelity Management Limited (FFML), which will invest in securities of companies engaged in the real estate industry and other real estate related investments from countries such as United States (US), United Kingdom (UK), Japan, Australia, Singapore, Germany, Netherlands among others.
The remaining balance of up to a maximum of 5% in the form of liquid assets to meet redemptions.
Asset Allocation:
- Minimum 95% in Fidelity Global Property Fund;
- Maximum 5% in liquid assets.
Fees & Transactions
| Fees & Charges | |
|---|---|
| Sales Charge | 6.50% |
| Redemption Fee | 1% (if redeemed within the first 6 months of investment.) |
| Switching Fee | Unlimited free switching between funds. |
| Free Switches Yearly | N/A |
| Annual Management Fee | 1.8% |
| Management Expense Ratio (MER) | 2.57% |
| Transactions (Minimum) | |
|---|---|
| Investment | Initial: RM1,000 Additional: RM100 |
| Regular Investment | Initial: RM500 Additional: RM50 |
| Account Balance | 500 units |
| Switching | 500 units |
Investment Return
| Investment Return as at 2010-09-08 | |
|---|---|
| 3 Month Return | 7.09% |
| 6 Month Return | -0.93% |
| 1 Year Return | 4.33% |
| 3 Year Return | -38.14% |
| 5 Year Return | |
| Investment performance information as on bid to bid basis. Nett distributions reinvested. For reference only. | |
Downloads
| Fund Documents | |
|---|---|
| Prospectus | Refer to company website or branch office. |
Related Funds
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