The fund was launched on 03 May 1997 with an inception price of USD 10.The fund is targeted to clients with above average risk/return profile .The fund’s assets may be invested in equities, deposits, futures or any suitable investment to ensure efficient portfolio management, as well as to ensure that each fund performs closely in the line with the Nikkei 225 index.
The Japanese Equity Index Fund aims to achieve long-term equity linked growth in line with the Nikkei 225 index.
|
Fund Type |
Open Ended |
|
Base Currency of the Fund |
USD |
|
Minimum Initial Subscription |
USD 2,000 |
|
Minimum Additional Subscription |
USD 1,000 |
|
Regular Monthly Subscription |
USD 250 |
|
Valuation |
Every Tuesday |
|
Cut Off time |
12 noon Sun & Wed |
|
Redemption Payout |
2 days after valuation day |
|
Unit price at inception |
USD 10 |
|
Launch Date |
3 May 1997 |
