Purchasing of Units
When you invest in a Fund you are issued with Units. These Units represent your holding in the Fund. The number of Units that you will receive is determined by the NAV per Unit of the Fund. In addition to the amount invested in the purchasing of Units, a sales charge is also imposed. For PNB SIF, only Units repurchased by the Manager may be resold based on the NAV per Unit at that point in time.
For investors investing under the EPF Member’s Investment Scheme, a service charge of up to 3% of NAV per unit is levied as regulated by EPF.
Illustration of computation for investment in AMBUTF
Assuming:
- Amount invested by Unit Holder
- Unit NAV per Unit
- Sales charge
Unit allotted |
:RM10,000
:RM0.5000
:6.5% of NAV per Unit
= Investment amount
NAV per Unit
= RM10,000
RM0.5000
=20,000 units |
| Total sales charge incurred |
Investment Units x Sales Charge
=20,000 Units x (6.5% x RM0.5000)
=20,000 Units x RM0.0325
=RM650 |
| Total amount paid |
=Investment amount + total sales charge
=RM10,000 + RM650
=RM10,650 |
Please note the above example is for illustration purposes only.
I hereby confirmed that I have read and understand the content of the prospectus and agree to the terms and conditions set forth in the prospectus.
 
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