Prospectus - Manulife Insurance Berhad

More documents

Recommendations

Info

chapter7 TRUSTEEpage467.8 Trustee’s DeclarationThe Trustee is independent of the Manager. The Trustee will carry out transactions on an arm’slength basis and on terms which are best available for the Fund, as well as act at all times in thebest interest of the Fund’s investors. The Trustee also has adequate procedures and processes inplace to prevent or control conflicts of interest.7.9 Trustee’s DelegateThe Trustee has appointed CIMB Islamic Nominees (Tempatan) Sdn Bhd (formerly known asSouthern Nominees (Tempatan) Sdn Bhd (8424H) (as custodian) as the Trustee’s delegate toperform custodial function which includes safekeeping, settlement and corporate action relatedprocessing and cash and security reporting.All investments are automatically registered in the name of the Fund. CIMB Islamic Nominees(Tempatan) Sdn Bhd (formerly known as Southern Nominees (Tempatan) Sdn Bhd) acts only inaccordance with instructions from the Trustee.7.10 Material Litigation and ArbitrationAs at 31 December 2012, the Trustee is not engaged in any material litigation and arbitration,including those pending or threatened, and is not aware of any facts likely to give rise to anyproceedings which might materially affect the business/financial position of the Trustee or any ofits delegates.Prospectus in respect of the Manulife Shariah - Dana Ekuiti
chapter8 SHARIAH ADVISERpage478.1 Background InformationIBFIM has been appointed as the Shariah Adviser for the Manulife Shariah – Dana Ekuiti (“theFund”). Scheduled to meet the Manager and/or the Investment Committee of the Fund everyquarter, IBFIM will advise the Manager on the selection of investment tools to be adopted. IBFIMwill also counsel on the mechanism of the operations of the Fund’s activities to ensure that theoperations of the Fund comply with Shariah requirements.8.2 General Information of IBFIMIBFIM was incorporated as a company limited by guarantee and not having share capital inMalaysia under the Companies Act, 1965 on 15 February 2007.8.3 Experience in Advisory and ServicesIBFIM is registered with the SC to act as a Shariah Adviser for Shariah-compliant collectiveinvestment schemes and sukuk issuance. IBFIM is also involved in numerous Shariah-compliantprivate mandates as well as the Shariah Adviser for Islamic REITs and Islamic asset managementhouses.As at 30 September 2012, IBFIM has total staff strength of 62 employees, and has 60 fundsunder its supervision.8.4 Roles and Responsibilities of IBFIM as the Shariah AdviserAs the Shariah Adviser, the role of IBFIM is to ensure that the operations and investments ofthe Fund are in compliance with Shariah requirements. The Shariah Adviser reviews the Fund’sinvestments on a monthly basis to ensure compliance with Shariah requirements at all times andmeets with the Manager on a quarterly basis to review and advise on the Fund’s compliancewith Shariah requirements. Final responsibility for ensuring Shariah compliance of the Fund withShariah requirements in all relevant aspects rests solely with the Manager.In line with the Securities Commission (“SC”) Guidelines, the roles of IBFIM as the Shariah Adviser are;1. ensuring that the Shariah-compliant unit trust fund (“the Fund”) is managed andadministered in accordance with the Shariah principles;2. providing expertise and guidance for the Fund in all matters relating to Shariah principles,including on the Fund’s deed and information memorandum, its structure and investmentprocess, and other operational and administrative matters;3. consulting the SC who may consult the Shariah Advisory Council where there is any ambiguityor uncertainty as to an investment, instrument, system, procedure and/or process;Prospectus in respect of the Manulife Shariah - Dana Ekuiti
Page 3: Message from the CeopageIDear Value
Page 7 and 8: RESPONSIBILITY STATEMENTSAND STATEM
Page 10 and 11: DEFINITIONpage4Shariah AdviserShari
Page 12 and 13: CORPORATE DIRECTORYpage6Manager’s
Page 14 and 15: CORPORATE DIRECTORYpage8TrusteeName
Page 16 and 17: CORPORATE DIRECTORYpage10Principal
Page 18 and 19: chapter1 KEY DATApage12THIS SECTIO
Page 20 and 21: chapter1 KEY DATApage14FEES, CHARG
Page 22 and 23: chapter1 KEY DATApage16TRANSACTION
Page 24 and 25: chapter2 RISK FACTORSpage182.1 Gen
Page 26 and 27: chapter2 RISK FACTORSpage202.2 Spe
Page 28 and 29: chapter3 DETAILED INFORMATION ON T
Page 35 and 36: chapter4 FEES, CHARGES AND EXPENSE
Page 37 and 38: chapter5 TRANSACTION INFORMATIONpa
Page 39 and 40: chapter5 TRANSACTION INFORMATIONpa
Page 41 and 42: chapter6 MANAGEMENT COMPANYpage356
Page 49 and 50: chapter7 TRUSTEEpage437.1 Backgrou
Page 54 and 55: chapter8 SHARIAH ADVISERpage488.4
Page 56 and 57: chapter9 SALIENT TERMS OF THE DEED
Page 58 and 59: chapter9 SALIENT TERMS OF THE DEEDp
Page 60 and 61: chapter9 SALIENT TERMS OF THE DEED
Page 63 and 64: chapter9 SALIENT TERMS OF THE DEEDp
Page 65 and 66: chapter10RELATED-PARTY TRANSACTIONS
Page 67 and 68: chapter11 TAX ADVISER’S LETTERpa
Page 73 and 74: chapter12 ADDITIONAL INFORMATIONpa
Page 75 and 76: chapter14 DOCUMENTS AVAILABLE FOR
Page 77 and 78: DIRECTORS’ DECLARATIONpage71The f
Page 79 and 80: UTAPPMASTER APPLICATION FORMIn comp
Page 81 and 82: TERMS AND CONDITIONS OF THE MANULIF
Page 83 and 84: Prospectus in respect of the Manuli

Prospectus - Manulife Insurance Berhad

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?