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Investment Objective
ICBC Asset Management (Global) USD Money Market Fund seeks to achieve a return in US dollars in line with prevailing money market rates by investing primarily (i.e. not less than 70% of its NAV) in USD denominated short-term deposits and high-quality money market instruments issued by governments, quasi-governments, international organisations and financial institutions.
Fund Information
| Fund Name: |
ICBC Asset Management (Global) USD Money Market Fund
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| Fund Price Per Unit(Class A USD): |
104.9764 |
(as at 29/04/2025) |
| Fund Price Per Unit(Class B USD): |
104.0090 |
| Fund Price Per Unit(Class M USD): |
104.9117 |
| Fund Price Per Unit(Class I USD): |
105.0676 |
| Base Currency: |
USD
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| Launch Date: |
2nd May 2024
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| Minimum Investment: |
Class A: USD1 initial, USD1 additional, USD1 holding
Class B: USD1 initial, USD1 additional, USD1 holding
Class M: USD10,000 initial, USD10,000 additional, USD100 holding
Class I: USD1,000 initial, USD1,000 additional, USD10 holding
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| Dealing Frequency: |
Daily
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| Management Fee: |
Class A: Up to 0.3% p.a.*
Class B: 0.6% p.a.*
Class M: 0.2% p.a.*
Class I: 0.05% p.a.*
*You should note that some fees may be increased, up to a specified permitted maximum, by giving unitholders at least one month's prior notice. For details, please refer the section headed "Fees and Expenses" in the Explanatory Memorandum.
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| Maximum Subscription Fee: |
3%
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| Switching Fee: |
Nil
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| Fund Manager: |
ICBC Asset Management (Global) Company Limited
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Historical Price
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