MCB Yield Fund

Overview

Fund Type	Open ended
Launch Date	06 June 2003
Investment Objective	To endeavour to yield 1% above the average savings rate offered by commercial banks in Mauritius, over any given financial year.
Trading Frequency	Weekly on every Friday
Net Asset Value	MUR 331.8 million
Min. Initial Investment	Equivalent of 50 units
General Asset Mix	Fixed Income Securities : Up to 100% High-yielding Equities: Up to 30% Overseas securities: Up to 20%
Main Risk Factors	Market Risk Liquidity Risk Interest Rate Risk
Fees	Entry Fee: 0.75%, included in the Issue Price Exit Fee: 0.25%, included in the Repurchase Price Other Fees (calculated on a daily basis as a % of Net Asset Value) Manager’s Fee: 0.85% p.a. Trustee’s Fee: 0.10% p.a. Custodian’s Fee: 0.10% p.a. Registrar’s Fee: Maximum of 0.25% p.a.
Distribution Policy	Net Income received by the Fund paid out twice yearly