Fund Overview

MyETF Thomson Reuters Asia Pacific ex-Japan Islamic Agribusiness (MyETF-AGRI)

Fund Objective

The Fund's objective is to closely correspond to the performance of the Benchmark Index, regardless of its performance. The Fund Manager attempts to achieve an absolute value of tracking error of less than 3% between the net asset value (NAV) of the Fund and the Benchmark Index. Ordinary brokerage commissions may apply.

Benchmark Index

The Benchmark Index consists of 30 largest stocks by free-float adjusted market capitalisation listed in the relevant exchanges which are within the following agriculture-based industries as classified by Thomson Reuters Business Classification system:

(i) agricultural chemical;
(ii) forest and wood products;
(iii) heavy machinery and vehicles;
(iv) fishing and farming; and
(v) food processing.

 

The Benchmark Index excludes companies that are solely engaged in downstream agriculture production activities involving distribution of food products to other companies or end consumers such as containers, packaging and beverages industries.

The universe for selection of the constituents of the Benchmark Index is the constituents of the Parent Index. The Parent Index, namely the Thomson Reuters Global Equity Index, is a free-float adjusted market capitalisation weighted index that is designed to measure the global equity market performance.

The weight of any single country in the Benchmark Index is capped at 30% of the Benchmark Index's total market capitalisation. In addition, the weight of any single group entity in the Benchmark Index is capped at 5% of its total market capitalisation.

As the Benchmark Index is a total return index, the market capitalisation of the Benchmark Index will be adjusted for any cash distributions (cash dividend payments or capital repayments) and such cash distribution will be reflected in the total index performance. The Benchmark Index is calculated and published in Ringgit Malaysia and the end of the day index values are available through the Fund's website www.myetf.com.my.

TR INDEX METHDOLOGY THOMSON REUTERS INDICES

Fund Information
Asset Class Shariah-Compliant Equity
Benchmark Index Thomson Reuters Islamic Asia Pacific ex-Japan Agribusiness Index
Launch Date 12 November 2015
Listing Date 3 December 2015
Base Currency Ringgit Malaysia (MYR)
Manager i-VCAP Management Sdn. Bhd
Income Distribution Subject to the Manager’s Discretion
Creation/Redemption (unit block) 1,000,000 units (or whole multiples thereof)

*Subject to the discretion of the Manager.
 

Trading Information
Exchange Bursa Securities
ISIN MYL0826EA007
Stock Short Name METFAPA
Bursa Securities Code 0826EA
Bloomberg Ticker METAGR MK Equity
Fees Information
Annual fees (chargeable to Fund):  
i. Management Fee 0.750%
ii. Trustee Fee 0.045%
iii. License Fee Total Annual Fees 0.050%
Total Annual Fees 0.845%*
Transaction Charges (chargeable to Investor):  
Trading charges Brokerage rate and other incidental charges
*Subject to other fees and/or expenses incurred by the Fund.