AmPRS – Tactical Bond

*Please read the scheme’s disclosure document before deciding to make a contribution. If you do not have a copy, please contact the PRS Provider to ask for one or click here to go the PRS Provider’s page.

Investment
Objective		 The Fund aims to provide returns through income* and to a lesser extent capital appreciation by investing in the AmTactical Bond.
Note: * Income distribution (if any) will be reinvested.
Any material change to the investment objective of the Fund would require members’ approval.
Fund Category Feeder Fund (Bond)
Investment
Strategy		 The Fund seeks to achieve its investment objective by investing a minimum of 85% of the Fund’s net asset value (“NAV”) in the AmTactical Bond (“Target Fund”) at all times. This implies that the Fund has a passive strategy.
Note: A replacement of the Target Fund would require Members’ approval.
Asset
Allocation
  • A minimum of 85% of the Fund’s NAV will be invested into the Target Fund; and
  • Up to 15% of the Fund’s NAV in liquid assets
Performance
Benchmark		 Quantshop All MGS Index, which is also the performance benchmark of the Target Fund.
Member
Profile		 The Fund is suitable for members who:
  • are willing to assume risks associated with investing in securities with long duration (i.e. there will be no portfolio maturity limitation) and low credit ratings (i.e. there will be no minimum rating for the securities purchased or held by the Target Fund).
Risks
Disclosure		 Interest Rate Risk, Liquidity Risk, Currency risk, Credit/default risk, Risk of a Passive Strategy, Risk of not Meeting the Fund’s Investment Objective, Income Distribution Risk, Related Party Transaction Risk, Suspension Risk, Counterparty Credit Risk
Back