Based on the Fund’s portfolio returns as at 31 August 2020, the Volatility Factor (VF) for this Fund is 11.4 and is classified as “Moderate” (Source: Lipper). “Moderate” generally includes funds with VF that are higher than 10.335 but not more than 13.785. The VF means that there is a possibility for the Fund in generating an upside return or downside return around this VF. The Volatility Class (VC) is assigned by Lipper based on quintile ranks of VF for qualified funds. VF is subject to monthly revision. The VF for the Fund may be higher or lower than the VC, depending on the market conditions. The Fund’s portfolio may have changed since this date and there is no guarantee that the Fund will continue to have the same VF or VC in the future. Presently, only funds launched in the market for at least 36 months will display the VF and its VC.
Investors are advised to read and understand the contents of the Eastspring Investments Asian High Yield Bond MY Fund ("Fund") Replacement Information Memorandum dated 6 March 2020 (“Info Memo”) and the Fund's Product Highlights Sheet (“PHS”) before investing. The Info Memo and PHS are available at offices of Eastspring Investments Berhad or its authorised distributors and investors have the right to request for a copy of the Info Memo and PHS.
This advertisement has not been reviewed by the Securities Commission Malaysia ("SC"). The Info Memo has been registered with the SC who takes no responsibility for its contents. The registration of Info Memo with the SC does not amount to nor indicate that the SC has recommended or endorsed the product. Units will only be issued upon receipt of the application form. Past performance of the Fund is not an indication of the Fund's future performance. Unit prices and distribution payable, if any, may go down as well as up. Where a unit split/distribution is declared, investors are advised that following the issue of additional units/distribution, the Net Asset Value (“NAV”) per unit will be reduced from pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV. Where a unit split is declared, investors are advised that the value of the investment in the respective currency class(es) i.e. Malaysian Ringgit, US Dollar and Australian Dollar will remain unchanged after the issue of the additional units.
Investments in the Fund are exposed to fund management of the Target Fund risk, country risk and currency risk. Investors are advised to consider these risks and other general risks as elaborated in the Info Memo as well as fees, charges and expenses involved before investing. Investors may also wish to seek advice from a professional adviser before making a commitment to invest in units of any of our funds.
Eastspring Investments companies (excluding JV companies) are ultimately wholly-owned/indirect subsidiaries/associate of Prudential plc of the United Kingdom. Eastspring Investments companies (including JV companies) and Prudential plc are not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America or with the Prudential Assurance Company, a subsidiary of M&G plc (a company incorporated in the United Kingdom).
A Note on Cross Trade Policy
Cross trade is defined as a buy and sell transaction of the same security between two or more clients’ accounts managed by a fund management company. Eastspring Investments Berhad (“Manager”) may conduct cross trades provided the following conditions imposed by the regulators are met:
- the cross trade is in the best interests of both clients;
- the reason for cross trades are documented prior to execution of the trades;
- the cross trade is executed through a dealer or a financial institution on an arm’s length and fair value basis; and
- the cross trade transaction is disclosed to both clients.
All cross trades will be executed in accordance with the Manager's policy which is in line with the regulatory requirements. Post transactions, all cross trades will be reviewed by the Manager’s compliance officer and the investment committee.
Cross trades between (i) the personal account of an employee of the Manager and any clients’ account; (ii) the Manager's proprietary accounts and any clients' account, are strictly prohibited.