Prospectus - Manulife Insurance Berhad

chapter5 TRANSACTION INFORMATIONpage325.2 Pricing of Units (cont’d)Policy on rounding adjustmentIn calculating a Unit Holder’s investments, the NAV per Unit of the Fund which is also the sellingand buying price per Unit of the Fund will be rounded to 4 decimal places.Units allocated to a Unit Holder will be rounded to 2 decimal places.5.3 Sale of UnitsApplication for Units may be made on any Business Day and Units will be issued at the NAV perUnit of the Fund as at the next valuation point (i.e. “forward pricing”).The price of Units for applications received before 3.00 p.m. (cut off time) will be calculated basedon the valuation of the Units on the same Business Day subject to the clearance of payment.Where an application is received after the cut off time, the request will be processed based onthe NAV per Unit on the following Business Day.The minimum initial investment is RM1,000 or such other lower amount as the Manager in itssole discretion allows. Any additional investment can be made with a minimum of RM100 or suchother lower amount as the Manager in its sole discretion allows.INVESTORS ARE ADVISED NOT TO MAKE PAYMENT IN CASH WHEN PURCHASINGUNITS OF A FUND VIA INSTITUTIONAL OR RETAIL AGENTS.Note: the Manager reserves the right to accept or reject any application in whole orpart thereof without assigning any reason.5.4 Redemption of UnitsUnit Holders may make a request for redemption on any Business Day. Units will be redeemed atthe NAV per Unit of the Fund as at the next valuation point (i.e. “forward pricing”).The price of Units for redemption requests received before 3.00 p.m. (cut off time) will becalculated based on the valuation of the Units on the same Business Day.Where a redemption request is received after the cut off time, the request will be processedbased on the NAV per Unit on the following Business Day.The minimum redemption amount is 500 Units or such other lower amount as the Manager in itssole discretion allows.However, if the redemption request leaves a Unit Holder with less than 500 Units (MinimumHoldings), the Manager will not process the redemption request. In this instance, the Unit Holderwill be required to make an application for the Manager to liquidate all their holdings in the Fund.Redemption proceeds will be paid within 10 days from the date the redemption request form isreceived by the Manager.Prospectus in respect of the Manulife Shariah - Dana Ekuiti