Product Highlights Sheet dated 14 September 2017 MANULIFE INVESTMENT EQUITY INDEX FUND RESPONSIBILITY STATEMENT This Product Highlights Sheet has been reviewed and approved by the directors and/or persons approved by the Board of Manulife Asset Management Services Berhad ( MAMSB ) and they collectively and individually accept full responsibility for the accuracy of the information. Having made all reasonable inquiries, they confirm to the best of their knowledge and belief, there are no false or misleading statements, or omission of other facts which would make any statement in the Product Highlights Sheet false or misleading. STATEMENT OF DISCLAIMER The Securities Commission Malaysia has authorized the issuance of Manulife Investment Equity Index Fund ( the Fund ) and a copy of this Product Highlights Sheet has been lodged with the Securities Commission Malaysia. The authorization of the Fund and lodgment of this Product Highlights Sheet, should not be taken to indicate that the Securities Commission Malaysia recommends the Fund or assumes responsibility for the correctness of any statement made or opinion or report expressed in this Product Highlights Sheet. The Securities Commission Malaysia is not liable for any non-disclosure on the part of the MAMSB, the Manager responsible for the Fund and takes no responsibility for the contents of this Product Highlights Sheet. The Securities Commission Malaysia makes no representation on the accuracy or completeness of this Product Highlights Sheet, and expressly disclaims any liability whatsoever arising from, or in reliance upon, the whole or any part of its contents.
This product highlights sheet only highlights the key features and risks of this Fund. Investors are advised to request, read and understand the prospectus of the Fund before deciding to invest. PRODUCT HIGHLIGHTS SHEET MANULIFE INVESTMENT EQUITY INDEX FUND BRIEF INFORMATION ON THE PRODUCT 1. What is the Fund about? The Fund is an index tracking equity fund that tracks the performance of the FTSE Bursa Malaysia KLCI at less than average market risk through its overall investment strategy of investing predominantly in index-linked stocks. Note: Any material change to the Fund s investment objective would require Unit Holders approval. PRODUCT SUITABILITY 2. Who is the Fund suitable for? The Fund is suitable for investors who: seek capital appreciation over long-term; want to track the FTSE Bursa Malaysia KLCI performance; have low income requirements; and have a long-term investment horizon of at least five (5) years. 3. What am I investing in? Fund Category Equity Fund Type Investment Strategy and Policy Asset Allocation Benchmark Index tracking Launch Date 26 May 1997 Financial Year End KEY PRODUCT FEATURES Manulife Asset Management Services Berhad (the Fund Manager ) employs an index sampling approach to track the performance of the FTSE Bursa Malaysia KLCI. The Fund typically invests up to 98% of its assets in the Index. The Fund holds a range of equities, predominantly FTSE Bursa Malaysia KLCI stocks that, in aggregate, approximate the full FTSE Bursa Malaysia KLCI in terms of key characteristics including industry weightings and market capitalisation. The Fund s portfolio composition is rebalanced when necessary to take into account changes in weightings or corporate activities in order to minimise tracking errors. Asset Class Allocation (% of the Fund s net asset value ( NAV )) Equity investment Between 90% to 98% in equity market, with at least two-thirds in FTSE Bursa Malaysia KLCI-linked stocks Liquid assets Minimum 2% The Fund targets to achieve a tracking accuracy of 95% to 97%. FTSE Bursa Malaysia KLCI 30 June 4. Who am I investing with? Manager / Fund Manager Manulife Asset Management Services Berhad Trustee Maybank Trustees Berhad KEY RISKS 5. What are the key risks associated with this Fund? Specific Stock The Fund s portfolio comprises a spread of different investments. The performance of individual stock Risk invested can affect the overall NAV of the Fund. Credit and Default Risk Credit and default risk arises when an issuer or counterparty of the fixed income securities/money market instruments/placement of deposits is unable to make timely payments on interest, principals and proceeds from realisation of investments upon maturity. This may lead to a default in the payment of principal and interest and ultimately a reduction in the value of a unit trust fund.
6. What are the fees and charges involved? Charges when buying units of the Fund Sales Charge Repurchase Charge Switching Fee Transfer Fee FEES, CHARGES & TRANSACTION INFORMATION Agents Manager Distributors *The charges are negotiable. Nil Subject to the conditions on switching as set out in the Master Prospectus. RM3.00 per transfer Fees incurred when investing in the Fund Management fee Up to 1.50% per annum of NAV of the Fund Trustee fee Up to 0.06% per annum of NAV of the Fund Maximum Sales Charge on the NAV per Unit of the Fund* Up to 6.50% of the NAV per Unit All fees and charges payable to the Manager and the Trustee are subject to goods and services tax as may be imposed by the Government of Malaysia from time to time, at the prevailing rate. Minimum initial investment Minimum additional investment RM500.00 RM50.00 Cut-off time 3.00 p.m. for walk-in transactions, 4.00 p.m. for online switching and online payment transactions, and 11.30 a.m. on a Bursa Malaysia half-day trading day. YOU SHOULD NOT MAKE PAYMENT IN CASH TO A UNIT TRUST CONSULTANT OR ISSUE A CHEQUE IN THE NAME OF A UNIT TRUST CONSULTANT. VALUATION AND EXITING FROM INVESTMENT 7. How often are valuations available? The valuation of the Fund is carried out daily at the end of the business day. The Fund s NAV per unit will be available on the Manager s website: www.manulifeinvestment.com.my. 8. How can I exit from this investment and what are the risks and costs involved? Redeeming an investment Unit Holders may redeem part or all of their investments at any time by completing a Repurchase/Switching Form which is available from 8.45 a.m. to 5.30 p.m. at the office of the Manager, its branches and service centres. The redemption proceeds will be paid within ten (10) calendar days from the date on which the request to repurchase is received by the Manager. There is no repurchase charge levied on the repurchase of units. Minimum redemption amount Minimum holding/ balance Cut-off time 500 units 100 units 3.00 p.m. on a business day Cooling-off period The cooling-off period is only applicable to any person investing for the first time in any unit trust funds managed by the Manager. Unit Holders have the right, within six (6) business days from the day of the receipt by the Manager of their application form, to call for a withdrawal of their investments. A full refund of the total investments (which includes sales charge) will be refunded to the Unit Holder within 10 calendar days from the receipt of the application for cooling-off by the Manager.
FUND PERFORMANCE 9. Average Total Return for Financial Year Ended 30 June 2017 Basis of calculation Average Total Return = Annualised Total Return = [(1+ Total return for the period) (Actual no. of days in a year No. of days during the period) 1] x 100% 1-Year 3-Year 5-Year 10-Year Manulife Investment Equity Index Fund 7.21 (0.97) 3.27 4.90 Benchmark 6.63 (2.15) 1.98 2.68 10. Annual Total Return for Financial Year Ended 30 June 2017 Basis of calculation Annual Total Return = (NAV t NAV t-1) NAV t-1 NAV t denotes NAV at the end of the period. NAV t-1 denotes NAV at the beginning of the period. Manulife Investment Equity Index Fund 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 (9.11) (4.51) 24.35 22.81 3.66 12.43 7.56 (7.81) (1.73) 7.21 Benchmark (12.39) (9.38) 22.21 20.17 1.27 10.91 6.16 (9.35) (3.08) 6.63 For the financial year ended 30 June 2017, the Fund s return increased by 7.21%. The Fund outperformed its benchmark return which increased by 6.63%. Note: The benchmark was changed from KLCI Index to FTSE Bursa Malaysia KLCI Index effective 6 July 2009. PAST PERFORMANCE OF THE FUND IS NOT AN INDICATION OF ITS FUTURE PERFORMANCE. 11. Portfolio Turnover Ratio and Income Distribution per Unit Financial Year End (FYE) 2015 2016 2017 Portfolio Turnover Ratio ( PTR ) 0.20 0.61 0.70 The PTR for FYE2017 is 0.70 times and was higher than FYE2016 mainly due to increase in trading activities. Gross distribution per unit (sen) 4.55 4.00 2.10 Net distribution per unit (sen) 4.55 4.00 2.10 Distribution was reinvested into additional units in the Fund at the NAV per unit on the distribution date. THIS SECTION IS LEFT BLANK INTENTIONALLY.
CONTACT INFORMATION 12. Who should I contact for further information or to lodge a complaint? i) For internal dispute resolution, you may contact us: Manulife Asset Management Services Berhad 13th Floor, Menara Manulife No. 6, Jalan Gelenggang Damansara Heights 50490 Kuala Lumpur. Tel: (03) 2719-9228 Fax: (03) 2094-7654 Email: MY_CustomerService@manulife.com Website: www.manulifeinvestment.com.my ii) If the Member is dissatisfied with the outcome of the dispute, the Member may refer his dispute to the Securities Industries Dispute Resolution Corporation (SIDREC): (a) via phone to : 03-2282 2280 (b) via fax to : 03-2282 3855 (c) via email to : info@sidrec.com.my (d) via letter to : Securities Industries Dispute Resolution Corporation (SIDREC) Unit A-9-1, Level 9, Tower A Menara UOA Bangsar No. 5, Jalan Bangsar Utama 1 59000 Kuala Lumpur. iii) Even if the Member has initiated a dispute resolution process with SIDREC, the Member may also direct his complaint to the SC. To make a complaint, please contact the SC s Investor Affairs & Complaints Department: (a) via phone to Aduan Hotline at : 03-6204 8999 (b) via fax to : 03-6204 8991 (c) via email to : aduan@seccom.com.my (d) via online complaint form available at www.sc.com.my (e) via letter to : Investor Affairs & Complaints Department Securities Commission Malaysia No. 3, Persiaran Bukit Kiara Bukit Kiara 50490 Kuala Lumpur. iv) Federation of Investment Managers Malaysia (FiMM) s Complaints Bureau: (a) via phone to : 03-2092 3800 (b) via fax to : 03-2093 2700 (c) via email to : aduan@fimm.com.my (d) via online complaint form available at www.fimm.com.my (e) via letter to : Legal, Secretariat & Regulatory Affairs Federation of Investment Managers Malaysia 19-06-1, 6th Floor, Wisma Tune No. 19, Lorong Dungun Damansara Heights 50490 Kuala Lumpur.
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