Investment Policy Changes - Allianz GEM Equity High Dividend
Changes to the Investment Objective and Investment Principles will come into effect on 15 March 2017.
Impacts on
these products
Allianz Global Investors Fund has notified us that they will be making changes to the Investment Objective and Investment Principles of their GEM Equity High Dividend Fund as they believe these changes clarify more the goals of the fund.
The fund can be found in our guided architecture products Oracle, Paragon, Quantum and Quantum Malaysia. A comparison of the current investment objectives and principles details and the revised changes that will be applied to the fund are detailed in the table below:
| Current Details | Revised Details |
|---|---|
| Investment Objective: The investment policy is geared towards long-term capital growth by investing Sub-Fund assets in global emerging equity markets by focusing on equities with a potential portfolio dividend yield above the market average. | Investment Objective: The investment policy is geared towards long-term capital growth by investing Sub-Fund assets in global emerging equity markets by focusing on equities which result in a portfolio of investment with a potential portfolio dividend yield above the market average when the portfolio is considered as a whole. |
| Investment Principles: At least 70% of Sub-Fund assets are invested in Equities of companies whose registered offices are in an Emerging Market country or in a country that is part of the MSCI Emerging Markets Index or that generate a predominant share of their sales and/or profits in an Emerging Market country or in a country that is part of the MSCI Emerging Markets Index, which are resulting in a potential portfolio dividend yield above the market average. | Investment Principles: At least 70% of Sub-Fund assets are invested in Equities of companies (i) whose registered offices are in any Emerging Market country or in any country that is part of the MSCI Emerging Markets Index or (ii) that generate a predominant share of their sales and/or profits in any Emerging Market country or in any country that is part of the MSCI Emerging Markets Index, which will result in a portfolio of investments with a potential dividend yield above the market average when the portfolio is considered as a whole. |
For more information you can view the notification from Allianz opposite.