Fund's Description

CARE Fund is an open-ended global unit trust fund, which will invest at least 70% of its NAV in Australian and Canadian financial markets. Due to their resource-based economies, the Manager views Australia and Canada as two of the best-positioned countries in the developed world to benefit from the rapid growth of emerging economies such as China. The Fund seeks to offer investors the opportunity to participate in the medium to long-term capital growth potential of companies in these two countries as both economies have emerged largely unscathed from 2008’s global financial crisis and are now buoyed by the resurgence of their resource-based industries.

 

Investment Objective

The Fund seeks to achieve capital growth over a medium to long-term period by investing primarily in securities of companies in Australia and Canada. The Fund may also invest in equities and equity-related securities, fixed income securities, structured products and money market instruments.

Asset Allocation

Asset Class	% of the Fund’s NAV
Equities and equity-related securities of companies that are related to any sector	Between 0% to 98%
Fixed income securities (including private debt securities and money market instruments)	Between 0% to 98%
Structured Products	Between 0% to 15%
Cash/Liquid assets	Minimum 2%

Investment Strategy

The Fund will generally invest at least 70% of its NAV in Australian and Canadian markets and the balance of 30% of the Fund’s NAV in other markets within the MSCI AC World Index which are deemed beneficiaries of resource-driven demand from emerging markets. The Fund aims to achieve its investment objective through a diversified portfolio of equities and equity-related securities and fixed income securities in any sector within those countries.

The Fund has the flexibility of changing its asset allocation strategy depending on investment market climate. This flexibility allows the Manager to look for investments in markets that it believes will provide the optimum asset allocation in terms of risk and reward to capitalise on any market opportunities to meet the Fund’s objective.

Investor Profile

This Fund is suitable for investor who:

• seek capital growth over a medium to long-term investment horizon; and

• wish to participate in the medium to long-term capital growth potential of companies in Australia and Canada and other resource-based economies.

Key Features

Management Company	Libra Invest Berhad (formerly known as Avenue Invest Berhad)
Independent Trustee	BHLB Trustee Berhad
Single Pricing	Investment and Liquidation at Net Asset Value
Minimum Initial Investment	RM5,000 or such other limit at Manager discretion
Minimum Additional Investment	Regular RM200 or such other limit at the Manager’s discretion Non-regular RM1,000 or such other limit at the Manager’s discretion
Cooling-Off Period	Six (6) Business Days from the date of application of units – Full refund. Applicable for initial investment by new investors only.Not applicable for corporate or institutional investors, individual investor who are staff or distributor(s) of the Manager
Switching	Nil
Transfer Facility	Transfer between individual account and corporate account is not permitted.
Minimum Transfer	5,000 units or such other limit at the Manager’s discretion
Annual Management Fee	1.75% per annum of the Fund’s NAV
Annual Trustee Fee	0.08% per annum of the Fund’s NAV, subject to a minimum of RM18,000 per annum (excluding foreign custodian fees and charges).
Custodian Fee	The custodian fee payable is subject to an agreement with the custodian and will depend on the number of transactions carried out and the place at which such transactions are effected. The Custodian Fee will be paid to the Global Sub-Custodian, Citibank, N.A., Singapore Branch for investments which are made overseas.