INVESTMENT SOLUTIONS
LIBRA RESOURCE EQUITY FUND
Formerly known as Libra Canada Australia Resource Economies (CARE) Fund
With reference to a Supplemental Master Prospectus dated 16 Oct 2013, changes were made to the Fund’s name, objective, category, description, asset allocation and performance benchmark.
An open ended global unit trust fund which will invest at least 70% of its net asset value in equities and equity related securities of companies that are involved in the exploration for and the development, production and marketing resources products such as energy, minerals, agriculture and related industries globally which are listed on the stock exchanges of countries listed in the MSCI AC World Index.
INVESTMENT OBJECTIVES
The Fund seeks to achieve capital growth over a medium to long term period by investing primarily in equities and equity-related securities traded globally. The Fund may also invest in fixed income securities, structured products and money market instruments.
INVESTMENT STRATEGY
The Fund will generally invest at least 70% of its NAV in companies that will benefit from the global economic growth through investments in companies engaged in the exploration for and the development, production and marketing resources products. The Fund aims to achieve its investment objective through a diversified portfolio of equities and equity-related securities and fixed income securities in any sector within those countries as listed in the MSCI AC World Index.
FUND INFORMATION
| Management Company | Libra Invest Berhad |
| Launch Date | 18 March 2011 |
| Approved Fund Size | 250,000,000 units |
| Entry Fee | Up to 5.00% of the NAV per Unit |
| Management Fee | 1.75% p.a. of the Fund’s NAV |
| Trustee Fee | 0.08% p.a. of the Fund’s NAV, subject to a minimum of RM18,000 p.a (excluding foreign custodian fees and charges) |
| Exit Fee | Nil |
| Min Initial Investment | RM5,000 |
| Min Additional Investment | RM200 for regular investor and RM1,000 for non-regular investor |
ASSET ALLOCATION
| Asset Class |
Asset Allocation |
| Equities and equity-related securities of companies that are related to any sector | Between 0% to 98% |
| Fixed income securities (including private debt securities and money market instruments) | Between 0% to 98% |
| Structured Products | Between 0% to 15% |
| Cash/Liquid assets | Min 2% |
INVESTOR PROFILE
- Investor who seek capital growth over a medium to long-term investment horizon; and
- Investors who wish to participate in the medium to long-term capital growth potential of companies in Australia and Canada and other resource-based economies
NET ASSET VALUE
ASSET ALLOCATION
DISTRIBUTION/BONUS/UNITS SPLIT
| Date | Amount | Description |
| - | - | - |
YEARLY PERFORMANCE
| Financial Year Ended | Year Return | Benchmark |
| 2012 | 7.74% | 7.67% |
| 2013 | -4.57% | 7.57% |
| 2014 | 7.76% | 9.80% |
| 2015 | -20.05% | 22.68% |
| 2016 | 0.99% | 3.15% |
