Hwang-DBS US Access 80

Hwang-DBS Investment Management launched a new mixed asset fund that aimed to provide capital growth through exposure to US S & P 500 index using 20% of the fund size while trying to conserve capital via a minimum of 80% of the fund invested in cash or money market funds. The summary of the fund is as below:

• Sales charge: Up to 3.5%
• Management fee: 1.2%
• Switching fee: 1% of NAV
• Redemption fee: Up to 1% if redeemed in 6 months
• Initial investment: RM1000
• Minimum additional investment: RM 100