Manulife Malaysia Equity Fund - Manulife Insurance Berhad

(d) Switching Fee
When the investor switches from the Fund to another fund managed by
the Manager, switching will be based on the NAV per unit of the other
funds.
7.2 Fees And Expenses Indirectly Incurred
(a) Annual Management Fee
The annual management fee for the Fund shall be up to 1.55% per
annum of the NAV of the Fund. This fee is calculated and accrued daily
and payable monthly by the Fund to the Management Company. The
Investment Manager will be paid its investment management fees by the
Manager from the Manager’s annual management fee.
Please note that the example below is for illustration only:
Assuming that the NAV of a Fund is RM10,000,000.00 (before deducting
the annual management fee and the annual trustee fee for the day) and
with an annual management fee of 1.55% per annum, then the calculation
of the annual management fee for the day would be as follows:
Annual Management Fee for the day = NAV x Annual Management Fee
365 days
(b) Annual Trustee Fee
= RM10,000,000.00 x 1.55%
365 days
= RM424.66
The Fund pays the Trustee an annual trustee fee of 0.08% per annum
of the NAV of the Fund, subject to a minimum fee of RM18,000.00 per
annum (excluding foreign custodian fees and charges). In addition to
the annual trustee fee, the Trustee may be reimbursed by the Fund for
any expenses properly incurred by it in the performance of its duties and
responsibilities.
The annual trustee fee is calculated and accrued daily and payable monthly
to the Trustee.
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