RHB-GS US EQUITY FUND

Overview

Objective

The Fund’s objective is to seek to achieve long-term capital appreciation through investment in a collective investment scheme, which invests primarily in securities of United States of America companies.

Initial Offer Period: The period of not more than 21 days commencing from the date of this Prospectus or the launch date of the Fund, whichever is later at RM0.50 per unit.

Performance Benchmark: S&P Index.

Investor Profile

Suitable for investors who are looking for equity investments that are focused in the United States of America markets.

Strategy

The Fund will invest at least 95% of the Fund’s NAV in the Target Fund (Goldman Sachs US Equity Portfolio), which invests primarily in a diversified portfolio of equities and equity-related securities of companies domiciled in the United States of America, including companies that derive the predominant proportion of their revenues or profits from the United States of America.

The Manager may take temporary defensive positions that may be inconsistent with the Fund’s principal strategy in attempting to respond to adverse economic, political or any other market conditions. In such circumstances, the Manager may attempt to cushion the portfolio’s downside by reducing its exposure to the Target Fund and increasing its exposure into risk free assets i.e. mainly cash. It follows therefore that there is a risk that the Fund may not track the performance of theTarget Fund.

If, in the opinion of the Manager, the Target Fund no longer meets the Fund’s investment objective, and/or in acting in the best interests of Unit Holders, the Manager may replace the Target Fund with that of another collective investment scheme that is consistent with the objective of this Fund, subject always to the approval of the Unit Holders. The replacement of the Target Fund with another collective investment scheme may be performed on a staggered basis to facilitate a smooth transition or where the Target Fund imposes any conditions to the redemption of units or if the manager of the newly identified target fund imposes any Anti Dilution Levy* in relation to applications for units. In such an event, the time required to perform the replacement will depend on such conditions, if any, imposed by the Target Fund in
addition to any conditions associated with the Anti Dilution Levy that may be charged by the newly identified target fund. Hence during such transition period, the Fund’s investment may differ from the stipulated investment strategies.

* Anti Dilution Levy is an allowance for fiscal and other charges that is added to the net asset value per unit/share to reflect the costs of investing application monies in underlying assets of the target fund. The levy is intended to be used to ensure that all investors in the target fund are treated equitably by allocating transaction costs to the investors whose transactions give rise to those costs.

Name of the Target Fund: Goldman Sachs US Equity Portfolio

The Target Fund is one of several portfolios of the Umbrella Fund. The Umbrella Fund is a public limited company (“société anonyme”) qualifying as an investment company organised with variable share capital within the meaning of the Law of 20 December 2002.

The Umbrella Fund’s registered office is at 49, avenue J-F Kennedy, L-1855 Luxembourg.
Date of establishment of the Target Fund : February 2006
The Umbrella Fund qualifies as a UCITS and has applied for recognition under the EU Council Directive EEC/85/611, as amended, for marketing to the public in certain Member States of the EU and certain countries in the EEA.

The currency of the Umbrella Fund and the Target Fund is U.S. dollars.

Foreign jurisdiction from where the Target Fund originates and name of the regulator responsible for regulating the Target Fund and parties responsible for the Target Fund
Jurisdiction : Luxembourg
Name of Regulator: the Luxembourg Supervisory Authority

Asset Allocation:

• At least 95% of the Fund’s NAV will be invested in the Target Fund.
• Up to 5% of the Fund’s NAV will be in cash and cash equivalents.
  

Fees & Transactions

Fees & Charges
Sales Charge	5.00%
Redemption Fee	None
Switching Fee	N/A
Free Switches Yearly	N/A
Annual Management Fee	1.85%
Management Expense Ratio (MER)	%

Transactions (Minimum)
Investment	Initial: RM1,000 Additional: RM100
Regular Investment	Initial: N/A Additional: N/A
Account Balance	2,000 units
Switching	N/A

Investment Return

Investment Return as at 2012-02-02
3 Month Return	3.06%
6 Month Return	3.10%
1 Year Return
3 Year Return
5 Year Return
Investment performance information as on bid to bid basis. Nett distributions reinvested. For reference only.