We, CIMB-Principal Asset Management Berhad, the Manager of the Fund wish to announce the following:
1. REDUCTION OF UNIT BLOCK SIZE FOR THE FUND
With effect from 11 December 2013 in effort to promote the creation of units by Participating Dealer(s) for the Fund, the Unit Block size for creation and redemption applications by Participating Dealer(s) will be reduced from 8,100,000 units to 1,350,000 units.
2. REDUCTION IN FEES AND CHARGES TO PARTICIPATING DEALER OF THE FUND
In line with the abovementioned reduction in Unit Block size for the Fund, the Creation Application Fee and Redemption Application Fee charged to a Participating Dealer will also be reduced accordingly. The effective date will be on 11 December 2013 and the revised fees and charges are as follows:
Fees and charges
Currently RM3,200 (subject to a maximum of RM3,700 to allow for foreign exchange fluctuations) payable to the Manager or such amount as may be determined by the Manager from time to time, in consultation with the Trustee.
Redemption Application Fee
Currently RM 5,200 (subject to a maximum of RM5,700 to allow for foreign exchange fluctuations) payable to the Manager or such amount as may be determined by the Manager from time to time, in consultation with the Trustee.
There is no action required on the part of the unit holders.
For further information on the Fund, investors can visit our website at http://www.cimbetf.com. For assistance, please contact us at +603 2084 2000 or email firstname.lastname@example.org.