RESPONSIBILITY STATEMENT This Product Highlights Sheet has been reviewed and approved by us the directors or authorized committee or persons approved by the Board of Libra Invest Berhad 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 Highlight Sheet false or misleading. STATEMENT OF DISCLAIMER The Securities Commission Malaysia has authorised the issuance of Libra BondEXTRA Fund and a copy of this Product Highlights Sheet has been lodged with the Securities Commission Malaysia. The authorisation of the Libra BondEXTRA Fund and lodgement of this Product Highlights Sheet, should not be taken to indicate that the Securities Commission Malaysia recommends the Libra BondEXTRA 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 Libra Invest Berhad responsible for the Libra BondEXTRA 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 Libra BondEXTRA Fund. Investors are advised to request, read and understand the disclosure documents before deciding to invest. LIBRA BondEXTRA FUND (BondEXTRA) BRIEF INFORMATION OF THE FUND BondEXTRA is an open-ended unit trust fund investing primarily in high yield, long-term fixed income securities. Product Category/ Type Bond / Growth Capital Protected/ Guaranteed No Manager Libra Invest Berhad (361207-D) (A member of the ECM Libra Group) Trustee Maybank Trustees Berhad (5004-P) PRODUCT SUITABILITY BondEXTRA is suitable for investors who: are seeking to invest in high yield fixed income securities with commensurate level of risk in long-term. Although UTMC seek to minimise risks by investing in a diversified portfolio, investors should be warned there are potential risks in investing in the Fund.
KEY PRODUCT FEATURES Inception Date 08 October 2002 Initial Offer Price Asset Allocation RM0.5000 per unit Asset Class Fixed Income Instruments Liquid Assets % of the Fund s NAV Min 70% Min 2% The primary objective of the Fund is to provide investors with aggressive long-term capital growth through investment in high yielding fixed income securities with a relatively high level of market and financial risks. Investment Strategy Before constructing the portfolio of a particular fund, the fund manager will analyse the macro environment to enhance risk-adjusted returns by identifying market cycles, situational opportunities, value emergence, trend reversal plays and asset class rotation. With respect to fixed income instruments, the fund manager will focus on consistent, above-average returns from fundamental research rather than from frequent trading. Emphasis is placed on credit-worthiness, investment-grade issuers of debt. A disciplined application of the top-down investment process is therefore applied, with due consideration given to the credit standing of individual issuers. The fund manager will seek to diversify the investments of the Fund across sectors and individual securities in order to minimize the risk profile of the portfolio. Refer to the sections headed Fund Information of the MP for further information. Parties Involved The Parties involve in BondEXTRA:- The Manager The Trustee The Custodian The Principal Advisor / Banker The Auditor : Libra Invest Berhad (A member of ECM Libra Group) : Maybank Trustees Berhad : Malayan Banking Berhad : Malayan Banking Berhad : Standard Chartered Bank Malaysia Berhad : Ernst & Young Refer to the sections headed Corporate Directory of the MP for further information. Possible outcomes of investment? There are many possible outcomes associated with an investment and all investments involve some degree of risk. Different classes of assets generally exhibit different levels of risk. It is important to note that it is not always possible to protect your investments against all risks, as events affecting investments cannot always be foreseen. When investing into the Fund, one should be prepared to accept some level of risk and should read and understand the contents of the MP for information concerning certain risk factors before investing. For information concerning certain risk factors which should be considered by prospective investors, see Risk Factors commencing on page 35 of the MP.
KEY RISKS KEY RISKS OF BondEXTRA You are exposed to:- Credit/ Default Risk Liquidity Risk Inflation/ Purchasing Power Risk Interest Rate Risk The value of the Fund and its distributions (if any) may rise or fall. These risk factors may cause you to lose some or all of your investment. Past performance of the Fund is not indicative of future performance. If you are in doubt, you are advised to consult a professional adviser. Refer to the section headed Risk Factors of the MP for further information. FEES & CHARGES FEES AND CHARGES OF BondEXTRA Charges directly incurred by investor: Initial Sales Charge 1% Redemption Charge Transfer Fee Others charges Nil Nil Nil Fees indirectly incurred by investor: Annual Management Fee Annual Trustee Fee Other Expenses 1.00% p.a. of the Fund s NAV 0.07% p.a. of NAV, subject to a minimum of RM18,000 p.a. A list of the fund expenses directly related to the Fund are as follows: auditor fees and brokerage commission/fees; tax and duties imposed by the authorities; valuation fees; cost of modification of Deed save where such modification is for the benefit of the Manager and/or the Trustee; cost of convening meetings for Unit Holders other than those incurred by or for the benefit of the Manager or Trustee; and sub-custodian fees/ charges Note: The charges are negotiable. Refer to the section headed Fees, Charges and Expenses of the Funds of the MP for further information.
VALUATIONS AND EXITING FROM INVESTMENT The valuation of BondEXTRA is referred on a Business Day as may be decided by the Manager and the indicative NAV per Unit of the Fund is published on the Manager s website at www.librainvest.com one (1) Business Day after the relevant Dealing Day. The valuation for Foreign Exchange markets may be extended to next Business Day (T+1). Investment can be liquidated at the head office, at our authorised distributors and/or at our Nationwide Investor Care & Service Centres after completing a Liquidation Form, accompanied by either a copy of the applicant s identity card, passport or other identification. Your liquidation price is determined as follows: Investors who submit the Liquidation Form on or before 3.30 p.m on a Dealing Day, the NAV of the Fund will be based on the close of that Dealing Day. Investors who submit the Liquidation Form after 3.30 p.m on a Dealing Day, the NAV of the Fund will be based on the next Dealing Day. Liquidation Notice/ Frequency & Process: Units may be liquidated on any Business Day. There is no limit as to frequency of liquidation transactions. Payments are made within ten (10) calendar days upon receipt of the duly completed original Liquidation Form by the Management Company. Cooling-off Policy If you are an investor investing in any funds managed by the Management Company for the first time, there is a Cooling-off period of six (6) Business Days commencing from the date of receipt of the application by the Management Company. You will obtain a full refund of your net investment amount and the sales charge (if applicable) within ten (10) calendar days from the date we receive your notification to exercise this right. The cooling-off right is only given to an investor, other than those listed below, who is investing in any funds managed by the Management Company for the first time: a corporation or institution; a staff of the Management Company; and a person registered with a body approved by the SC to deal in unit trusts. Refer to the section headed Transaction Information of the MP for further information.
Below is the info to contact us and/or to lodge a complaint. CONTACT INFORMATION The Manager: Libra Invest Berhad (361207-D) (A member of the ECM Libra Group) Ground Floor, Bangunan ECM Libra 8, Jalan Damansara Endah Damansara Heights 50490 Kuala Lumpur Distributor: Refer to the section headed Company Directory of the MP for further information. --------------------------------------------------------- General Line: 603-2089 1888 Investor Care Line: 60320891883 Fax: 603-20961020 / 603-2096 1662 e-mail: invest @ecmlibra.com www.librainvest.com 1. For internal dispute resolution, you may contact our Compliance Manager, Puan Yusidawati Binti Mt Yusuf at 603-2089 1969. 2. Investors who are dissatisfied with the outcome of the internal dispute resolution process, please refer your dispute to the Securities Industries Dispute Resolution Corporation (SIDREC): (a) Telephone : 603-2282 2280 (b) Fax : 603-2282 3855 (c) Email : info@sidrec.com.my (d) Letter : Securities Industry Dispute Resolution Center (SIDREC) Unit A-9-1, Level 9, Tower A Menara UOA Bangsar No.5, Jalan Bangsar Utama 1 59000 Kuala Lumpur 3. Investors can also direct their complaint to the Securities Commission (SC) even if you have initiated a dispute resolution process with SIDREC. To make a complaint, please contact the SC s Investor Affairs & Complaints Department: (a) Telephone to Aduan Hotline : 603-6204 8999 (b) Fax : 603-6204 8991 (c) Email : aduan@seccom.com.my (d) Online complaint form available at www.sc.com.my (e) Letter to : Investor Affairs & Complaints Department Securities Commission Malaysia No 3 Persiaran Bukit Kiara Bukit Kiara 50490 Kuala Lumpur
APPENDIX: GLOSSARY Fund NAV Liquidation Qualified Investors UTMC MP SC Libra BondEXTRA Fund Net Asset Value of a Fund is the value of all the assets of the Fund at a particular valuation pointless the total liabilities of the Fund at the same valuation point. For the purpose of computing the annual management fee and annual trustee fee, the NAV of the Fund should be inclusive of the management fee and trustee fee at the relevant day. Redemption of Units by investors (repurchase of Units by the Management Company). Local and foreign individuals, investing in single or joint names (joint-holders). Persons under the age of 18 are to jointly hold the investment with an adult. Corporate entities, trusts, co-operatives and foundations. Unit Trust Management Company Master Prospectus dated 18 March 2014 and expires on 17 March 2015 Securities Commission Malaysia