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FAQs for FUND

Here in, we are happy to represent you answers to almost all of the significantly relevant fund units’ questions that our customers frequently asked.

Click on questions below to view answers accordingly. We hope you find them helpful and informative. In case you didn't find what you were looking for or having suggestions that would be of interest or/and of purpose to you, please let us know to help us serve you better.

1. How to invest in unit funds that listed in Cambodia?

Investor needs to have an investment fund account (IFA) with a chosen fund distributor in order to invest in the unit fund.

2. How do I open an investment fund account (IFA)?

To open an investment fund account (IFA) we need to have:

National ID card or Passport (Foreigner) along with a 4 × 6 photo
Investor ID (fund distributor can assist requesting the approval from SERC)

3. Who are the key players in the CIS?

Fund Manager (Fund Asset Management Company)

Create and manage public fund of collective investment scheme.
Create and manage real estate investment trust of collective investment scheme.
Create and manage private fund of collective investment scheme.
Create and manage public fund or/and private fund of collective investment scheme via an electronic system such as digital form, mobile application or via other electronic forms.
Carry out crowdfunding business in form of intermediary between securities offering companies and investors.

Trustee

Safeguard and monitor the cash or assets of a person or a group of persons or investment trust property.
Acquire and dispose of the investment trust property accordance with the trust deed, the instruction related to management of investment trust property of fund management company and/or related regulations.
Be a representative of legal ownership of the investment trust property
Settle the redemption of unit fund, profit, dividend, interest or other benefits accordance with the trust deep
Check any related instruction on the management of the investment trust property and the fund management company investment decision
Control and monitor actively and ensure that the operation and the management of collective investment scheme are made accordance with the existing law and regulations

Fund Distributor

Open investment fund account
Distribute and redeem or settle of fund unit of a collective investment scheme.
Advise on investment of fund unit to its clients

Fund Administrator

Transfer the ownership of fund unit
Calculate the investment trust property
Evaluate the net asset value and pricing fund unit

4. What is the risk of investing in Unit Trust Funds?

All investments, including bank deposits and property purchases come with risks. In a unit trust fund, the risks are diversified through a number of stocks across countries and sectors. As a result, its diversified risks are considered to be lower.

5. Why chooses to invest Unit Trust Fund instead of Fixed Deposit?

Both are financial tools of choice for investors, please refer to the following analysis:

Fixed Deposit
- Invest large sums of money at a predetermined rate of interest for a fixed period.
- Irrespective of any changes that happen because of market fluctuations.
- Early withdraw will be liable to pay a penalty. (Immobility)
Unit Trust Fund
- Managed by professional Fund Manager
- The investments do not require large sums of money to start off. They offer flexibilities
- Investors can choose to contribute monthly, annually, or once-off and given the freedom to change their contribution amount and the frequency as it suits them
- These investments give the investors exposure to different sectors and markets, and with this comes portfolio diversification

Recommendation: Invest your savings in a unit trust instead of a fixed deposit, preferably a tax-free saving unit trust as it offers tax benefit, and you can access your money quicker without any penalties.
DIVERSIFICATION INVESTMENT "NOT PUTTING ALL YOUR EGGS IN ONE BASKET"

6. When & how to redeem Unit Trust?

Unit Trust is considered a liquid investment that you can redeem daily during market hours in the BANK, it is flexible if you need urgent funds.

7. When can I withdraw my money back?

You can withdraw at any-time, but I suggest you should invest in long-term so that you can make profits.

8. How to withdraw the money?

You just sign and complete the redemption form to Fund Distributor, and the Fund Distributor will inform to Customer Service in Fund Asset Management.

9. How long will I get my money back?

You will get your money back on T+7 (from day 7 after you redeem the units)

10. Where is the evidence of the profit after the investment?

The performance of the unit trust fund is reflected in the daily NAV, which will be available from the fund distributor or the newspapers. When the NAV goes up above your costs, that represents the profit that you have made in the investment.

11. How can I know when the unit price gets up & down?

There are various methods to check the NAV:

We will publish the daily NAV on our company’s website.
You can check the daily NAV on the Bloomberg’s website.
Daily NAV will be given to the fund distributor banks. Hence, you can just walk into any branches and check the NAV with the bankers.
The NAV will also be published daily in the local newspaper

12. Is there any concern after we get the profits (After we got high profit at the end)?

When clients wish to redeem their units, they can do so anytime as the unit trust fund is traded daily. So, clients are free to sell (redeem) their units when they have made profits.

13. If there are any problem with Fund Manager, who will be responsibility for the money?

The fund manager does not hold clients’ money. Client’s subscription money goes straight into the fund’s bank account and the Trustee is holding the money on behalf of the fund. In order for the money to move, Fund Manager needs to instruct the Trustee to move the money at the fund level. As a safeguard, the Trustee cannot unilaterally move the money around, without instruction of Fund Manager.

14. Where to contact if I have questions or want more information?

For more information, contact us at ACLEDA Securities Plc.