PRULink Asian Income & Growth Fund
Investment Objective
The investment objective of the PRUlink asian income and growth fund is to provide income and capital growth by investing in equities of companies in Asia and investment grade fixed income securities across Asia debt markets.
| Launch Date | 6 August 2013 |
| Manager of the Fund | Schroder Investment Management (Singapore) Ltd |
| Underlying Funds |
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| Benchmark | 50% of MSCI All Country Asia ex Japan Index (Net Dividends Reinvested) and 50% of (CPF OA interest rate+1% p.a.) |
| CPFIS Risk Classification of Investment-linked Insurance Product | Medium to High Risk, Narrowly Focused |
| Subscription Method | CPFIS-OA, CPFIS-SA, Cash and Supplementary Retirement Scheme (SRS) |
| Initial Investment Charge | 5%* of premium invested |
| Continuing Investment Charge | 1.3% per annum** |
| Payout Frequency | Semi-annually*** (First Business Day of March, September) |
* Please refer to the Product Summary for details of charges incurred on your insurance plan as charges may vary from product to product and may be lower than 5%.
** We reserve the right to vary the continuing investment charge and may increase it up to a maximum of 2% per annum, but we will not do so before giving investors 6 months’ written notice.
*** The Fund offers two Classes of Units, namely Accumulation Class and Distribution Class. There are no material differences between the two Classes except that the Accumulation Class will not declare any dividends while in respect of the Distribution Class, the Manager may at its sole absolute discretion declare and pay out dividends on a semi-annual basis Please refer to Section 8 “Distribution Poilicy” of the Fund Information Booklet for more details. The offer and bid prices for the two Classes may differ as a result of the dividends declared and paid out by the Distribution Class.
Distribution Information
| Declaration of Distribution for PRULink Asian Income and Growth Fund | ||
|---|---|---|
| Fund Name | Declaration | Dividend Rate |
| PRULink Asian Income and Growth Fund | 3 March 2014 | 1.5% of the value of the units (based on the bid price) |
| PRULink Asian Income and Growth Fund | 2 September 2014 | 1.5% of the value of the units (based on the bid price) |
| PRULink Asian Income and Growth Fund | 3 March 2015 | 1.5% of the value of the units (based on the bid price) |
| PRULink Asian Income and Growth Fund | 3 September 2015 | 1.5% of the value of the units (based on the bid price) |
| PRULink Asian Income and Growth Fund | 3 March 2016 | 1.5% of the value of the units (based on the bid price) |
| PRULink Asian Income and Growth Fund | 2 September 2016 | 1.5% of the value of the units (based on the bid price) |
| PRULink Asian Income and Growth Fund | 3 March 2017 | 1.5% of the value of the units (based on the bid price) |
| PRULink Asian Income and Growth Fund | 4 September 2017 | 1.5% of the value of the units (based on the bid price) |
| PRULink Asian Income and Growth Fund | 5 March 2018 | 1.5% of the value of the units (based on the bid price) |
| PRULink Asian Income and Growth Fund | 3 September 2018 | 1.5% of the value of the units (based on the bid price) |
| PRULink Asian Income and Growth Fund | 4 March 2019 | 1.5% of the value of the units (based on the bid price) |
| PRULink Asian Income and Growth Fund | 2 September 2019 | 1.5% of the value of the units (based on the bid price) |
| PRULink Asian Income and Growth Fund | 2 March 2020 | 1.5% of the value of the units (based on the bid price) |
| PRULink Asian Income and Growth Fund | 1 September 2020 | 1.5% of the value of the units (based on the bid price) |
| PRULink Asian Income and Growth Fund | 4 March 2021 | 1.5% of the value of the units (based on the bid price) |
| PRULink Asian Income and Growth Fund | 4 March 2022 | 1.5% of the value of the units (based on the bid price) |
Distribution payments shall, at the sole discretion of the Manager and/or Prudential Singapore, be made out of either (a) income; or (b) net capital gains; or (c) capital of the Fund or a combination of (a) and/or (b) and/or (c).
Distributions are at the sole discretion of the Manager and/or Prudential Singapore and there is no guarantee, assurance and/or certainty that any distribution will be made and if distributions are made, such distributions are not in any way a forecast, indication or projection of the future or likely performance or distribution of the Fund. The making of any distribution shall not be taken to imply that further distributions will be made. The Manager and/or Prudential Singapore may also vary the frequency and/ or amount of the distributions made.
Investors should also note that distributions of the Fund may, in the event that income and net capital gains are insufficient, or due to fluctuations in exchange rates, be made out of the capital of the Fund. The exchange rates used will be determined solely at the discretion of the Manager and/or Prudential Singapore.
Investments are subject to investment risks including the possible loss of the principal amount invested.
Past performances of the Fund, the Underlying Fund, Fund Manager and the Investment Manager are not necessarily indicative of future or likely performance of the Fund, the Underlying Fund, Fund Manager and the Investment Manager. A copy of the Product Summary, Fund Information Booklet and Product Highlights Sheet ("PHS") in relation to this Fund may be obtained from your Prudential Financial Consultant. You are advised to read the Product Summary, Fund Information Booklet and PHS before deciding whether to subscribe for units in this Fund.
The prediction, projections, or forecasts on the economy, securities markets or the economic trends of the markets targeted by the Fund are not necessarily indicative of the future or likely performance of the Fund.You are recommended to seek advice from a qualified Prudential Financial Consultant for a financial analysis before purchasing a policy suitable to meet your needs. This information contained in this website is for reference only and not a contract of insurance. The exact terms and conditions, specific details and exclusions applicable to this insurance product are stated in the policy documents that can be obtained from a Prudential Financial Consultant.
Information correct as at 3 March 2014.