Fund Announcement: 5 October 2012 1. PineBridge Global Funds- Change in Singapore Representative Please be informed of the change in Singapore Representative for PineBridge Global Funds from State Street Bank and Trust Company, Singapore Branch to PineBridge Investments Singapore Limited. This notice is for your information only. No action is required. For more information, please refer to the attached notice from PineBridge Investments. http://secure.fundsupermart.com/main/download/attachments/pbgf_240912.pdf 2. United Global Real Estate Securities Fund- Cessation of Inclusion under the CPF Investment Scheme Please be informed that above mentioned Fund will be withdrawn from its continued inclusion under the CPF Investment Scheme (CPFIS) with effect from 25 October 2012 and will no longer be managed in accordance with the CPF Investment Guidelines. There will be no change in the investment objective and approach of the Fund. Affected CPF-OA clients are given the following options: Option 1 Hold Clients may continue to hold their units in the Fund. No action is required. Option 2 Redemption of existing units Clients may redeem their units in the Fund at the prevailing NAV. No realization charge will be imposed in respect of such realization. Option 3 Switching of existing units Clients may switch to another CPFIS registered fund that is available on our website. http://secure.fundsupermart.com/main/download/attachments/ures_250912.pdf 3. United Emerging Markets Bond Fund- Special Dividend Payout We have been informed by UOB Asset Management Ltd of their intention to make a special dividend distribution of an additional 2% p.a. from September 2012 to August 2013 for the above mentioned fund. This additional 2% p.a. dividend is on top of the 5% p.a. dividend the fund is currently offering. This special distribution will be paid out on a monthly basis. - 1 -
This notice is for your information only, no action is required of you. http://secure.fundsupermart.com/main/download/attachments/uemb_270912.pdf 4. Termination of United Global Bond Fund (the Sub-Fund ) We have been informed by UOB Asset Management (the Managers ) that the above mentioned Sub-Fund will be terminated on 28 December 2012. As at 31 July 2012, the aggregate net asset value of the Sub-Fund was S$1.03 million. The Managers are of the view that the cost of operating the Sub-Fund will have a greater negative impact as the net asset value of the Sub-Fund is small hence it is in the best interest of the unitholders to terminate the Sub-Fund. We will cease accepting monies for subscription from 8 October 2012. All regular savings plan will be terminated after October s deduction. The following sets out the various options which may be available to you: Option 1 Hold You may continue to hold existing units in the Sub-Fund until the termination date on 28 December 2012 after which the proceeds will be paid to you as soon as reasonably practicable after the fund termination. Option 2 Redemption of existing units You may redeem your units in the Sub-Fund at the prevailing NAV. No realization charge will be imposed in respect of such realization. Option 3 Switching of existing units You may switch to another fund that is available on our website for free from now till 27 December 2012, 3pm http://secure.fundsupermart.com/main/download/attachments/uob_glb_bd_280912.pdf 5. Restructuring of Schroder Asian Equity Yield Fund (the Sub-Fund ) We have been informed by Schroder Investment Management that the above mentioned Sub-Fund will be restructured from a feeder fund to a direct investment fund in order to comply with the revised CPF investment guidelines which take effect on 1 January 2013. The restructuring will take effect on or around 17 December 2012 and the investment objective of the Sub-Fund will accordingly be changed as follows: - 2 -
Current Investment Objective Revised Investment Objective To provide capital ground and income by investing substantially into the Underlying Fund, whose investment objective is to provide a total return primarily through investment in equity and equity related securities of Asian companies which offer attractive yields and sustainable dividend payments. To provide capital ground and income through investment in equity and equity related securities of Asian companies which offer attractive yields and sustainable dividend payments. Consolidation of Management Fees at Sub-Fund Level (on or around 1 January 2013) After the Restructuring, the Sub-Fund will no longer be subjected to fees at the Underlying Fund level. The total management fees at the Sub-Fund level will be consolidated by increasing the Manager's management fee from the current 0.50% to 1.50%. The percentage of total management fees will still remain the same after the Management Fee Consolidation as below: Management Fee (per annum) Management Fee Applicable at the Underlying Fund level (per annum) Total management fees (per annum) Before Restructuring 0.5% 1.0% 1.5% After Management Fee Consolidation 1.5% Not Applicable 1.5% This notice is for your information only and no action is required of you. For more information, kindly refer to the attached notification from Schroder Investment Management. http://secure.fundsupermart.com/main/download/attachments/saey_restructure_280912.pdf 6. Aberdeen Asian Smaller Companies Fund- Change of Investment Objective Please be informed of the change in the investment objective with effect from 1 November 2012 for the above mentioned fund. The amended investment objective is as below (the changes are highlighted by underlining additional text): - 3 -
The Aberdeen Asian Smaller Companies Fund aims to maximise long-term total return through investing all or substantially all of its assets in the Aberdeen Global Asian Smaller Companies Fund, a sub-fund of the Luxembourg-registered Aberdeen Global. Aberdeen Global Asian Smaller Companies Fund invests at least two-thirds of its assets in equities and equity-related securities of Smaller Companies with their registered office in an Asia Pacific (excluding Japan) country; and/or, of Smaller Companies which have the preponderance of their business activities in an Asia Pacific country (excluding Japan); and/or, of holding companies that have the preponderance of their assets in Smaller Companies with their registered office in an Asia Pacific country (excluding Japan). Smaller Companies are defined as companies with a market capitalisation as at the date of initial investment, of under US$2.5 billion and a maximum market capitalisation of US$5 billion. This notice is for your information only. No action is required. http://secure.fundsupermart.com/main/download/attachments/aber_asiansmcos_280912.pdf 7. Franklin Templeton Investments Subscriptions from Canadian residents no longer permitted with effect from 27 September 2012 Please be informed that Franklin Templeton Investments can no longer accept subscriptions from Canadian residents with effect from 27 September 2012 due to the recent legislative changes in Canada. Existing clients can continue to hold, sell or switch-sell their existing holdings in Franklin Templeton Investments Funds. 8. Dividend Payout for Nikko AM Shenton Glb Prop Sec Fd (S$) Declaration Date : 28 September 2012 Dividend Rate per unit : SGD 0.0065 Ex Date : 1 October 2012 Reinvestment/ Payout Date : Early November 2012 9. Dividend Payout for First State Bridge Declaration Date : 31 October 2012 Dividend Rate per unit : 1.5% of NAV Ex Date : 1 November 2012 Reinvestment/ Payout Date : Early November 2012 10. Dividend Payout for AB Glb High Yield-AT SGD-H Declaration Date : 27 September 2012 Dividend Rate per unit : SGD 0.0773 Ex Date : 28 September 2012 Reinvestment/ Payout Date : Mid October 2012-4 -
11. United Commodities Plus Fd SGD- Dividend Declaration for September 2012 Please be informed that UOB Asset Management will not be declaring dividends for the quarter ended September 2012 for United Commodities Plus Fd SGD. Fair Dealing ifast is committed to sustainable business practices that are supported by a range of initiatives. For ifast, fair dealing is about conducting our business in a transparent and ethical way that enhances value for all of our stakeholders and delivers fair dealing outcomes to our customers. Fair dealing is central to ifast and the senior management and the board of ifast are committed to aligning the direction of ifast with fair dealing outcomes to all stakeholders. We recognise that this is a journey and best practice is continuously evolving. - 5 -