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Investment Objective
Aims to achieve a combination of income and long-term capital growth by investing in a collective investment scheme called the Fidelity Global Property Fund (FGPF).
Asset Allocation
Minimum 95% of AGDPF's NAV will be invested in FGPF, a sub fund of Fidelity Fund Management Limited (FFML) and the balance of up to a maximum of 5% of AGDPF's NAV will be placed in the form of liquid assets to meet redemptions.
Investment Strategy
To invest minimum of 95% of AGDPF's NAV in FGPF, a sub fund of Fidelity Fund Management Limited (FFML), which will invest in securities of companies engaged in the real estate industry and other real estate related investments from countries such as United States (US), United Kingdom (UK), Japan, Australia, Singapore, Germany, and Netherlands among others. The remaining 5% of AGDPF's NAV will be placed in the form of liquid assets in the fund account of AGDPF.
Investment Risks
Foreign Exchange risk, Decline in Value, Country risk, Mismatch risk, Inflation risk, Income Distribution risk, Liquidity risk and Borrowing risk.
Distribution Policy
Investors will have their cash distributions reinvested into additional units based on AGDPF's NAV per unit on the reinvestment date (the reinvestment date is the date on which the distributions will be credited into AGDPF's Unit holders' account).
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