Quick contact info

Pheim Asset Management (Asia) PTE LTD 43, Duxton Road, Singapore 089507 Monday-Friday: 9am to 5pm Saturday: 9am to 1pm Tel: +(65) 6227-9928 Fax: +(65) 6225-9912 Email: pheim@pheim.com.sg
Pheim Malaysia | Pheim Islamic | Pheim Unit Trust
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Charges, Fees and Expenses

1. Charges directly incurredby investors when purchasing or redeeming Units of the Funds are as follows:

Sales Charge For PECBF, DMP, PAXJ, PAXJI, PGCIF, PAIF and PGEIF

  • Manager:  5% of the NAV per Unit;
  • Individual agent of the Manager: 5% of the NAV per Unit;
  • Institutional Unit Trust Adviser (IUTA): 5% of the NAV per Unit; and
  • Corporate Unit Trust Adviser (CUTA): 5% of the NAV per Unit.

Investors may negotiate with the distributors for lower Sales Charge.

For PIF – No Sales Charge.
  Repurchase Charge Nil
Other charges

There are no other charges (except for the charges levied by banks on remittance of money) payable directly by Unit Holders when purchasing or redeeming Units.

Switching Fee

You can switch all or parts of your Units of the Funds to the Units of another fund managed by us. Switching of units from one (1) fund to another is considered as a withdrawal of investment from one (1) fund and an investment into another fund.

There is no limit as to the frequency of switches. You will be given one (1) free switch per account per calendar year.

For any subsequent switching request during the year, you will be charged 1% of the amount switched subject to a maximum charge of RM100 whichever is lower, which will be deducted from the repurchase proceeds. The minimum unit for switching is 500 Units or such other lower amount as may be determined at our discretion.

Switching from an Islamic fund to a conventional fund is discouraged especially for Muslim Unit Holders.

Please refer to section 6.5.9 of the Master Prospectus for further information on switching of Units.

Transfer Fee

A transfer fee of RM50 may be imposed for each transfer. However, the Manager has the right to accept or refuse to register a transfer. You can transfer all or some of your Units to another person within the same Fund. The minimum unit for each transfer is 500 Units or such other lower amount as may be determined at our discretion.

2. Fees and Expenses Indirectly Incurred When Investing in the Funds

Annual Management Fee

The Manager is entitled to an annual management fee to cover the investment management and ongoing fund administration expenses. The annual management fee charged to the respective Funds are as follows:

Fund Annual Management Fee
PECBF, DMP, PAXJ, PAXJI, PGCIF, PAIF & PGEIF 1.50% per annum of the Fund’s NAV.The fee is calculated daily and paid to the Manager on a monthly basis.
PIF 1.00% per annum of the Fund’s NAV.

The fee is calculated daily and paid to the Manager on a monthly basis.
Annual Trustee Fee

The Trustee is entitled to an annual trustee fee for acting as custodian of the Funds’ assets. The annual trustee fee charged to the respective Funds are as follows:

Fund Annual Trustee Fee
PECBF, DMP,
PIF, PAXJ, PAXJI, PGCIF, PAIF & PGEI		 0.055% per annum of the Fund’s NAV subject to a minimum fee of RM15,000 (excluding foreign sub-custodian fee).
The fee is calculated daily and paid to the Trustee on a monthly basis.
Funds’ Other Expenses

The Manager and the Trustee may be reimbursed out of each Fund for any cost reasonably incurred that are directly related and necessary in the administration of the respective Funds. These include, but are not limited, to the following:

auditor and other professional fees;

tax and duties imposed by the authorities;

Shariah Adviser’s fee – applicable to DMP, PAXJI, PGCIF, PAIF & PGEIF only;

other fees/expenses permitted in the Deed.

remuneration and out of pocket expenses of the person(s) or members of a committee undertaking the oversight function of the Fund, unless the Manager decides otherwise;

cost of convening meetings of Unit Holders other than those incurred by or for the benefit of the Manager or Trustee;

cost for modification of Deed save where such modification is for the benefit of the Manager and/or the Trustee;

cost of production and distribution of reports of the Fund, tax vouchers, dividend warrants and notices to Unit Holders

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