
Freedom Fixed Income Fund
Freedom Fixed Income Trust (AIM FFIT). It is an open-ended unit trust with an unlimited duration. The Trust invests in a diversified portfolio of fixed income securities to provide current income to meet the short-term liquidity needs of unitholders whilst generating long-term income and capital preservation.
Asset Allocation and Fees
Permissible Investment / Asset Allocation
Under normal market conditions, the Fund shall hold a mix of money market securities including the following.
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Statutory Entity Bills and Bonds
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Foreign Government Treasuries and Bonds
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Bank Certificates of Deposits/Fixed Deposits
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Corporate Bonds and Debt Obligations
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Bankers’ Acceptances
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Repurchase Agreements
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Money Market Funds, and
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Commercial Papers
Asset Class | Target Allocation | Range |
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Fixed Income Securities | 70% | ±10% |
Money Market Securities | 20% | ±20% |
Cash and Cash Equivalent | 10% | ±20% |
Income Distribution Policy
The scheme reinvests all its investment income. Therefore, dividends are not declared nor distributed. Investors in the scheme benefit from a growth in the net asset value of each unit/share of the scheme they hold.
Front and Exit Load Fees
Below are the redemption fees associated with this Fund:
Subscription Fee | None |
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Redemption Fee within after 2 years | None |
Redemption Fee within 2 years | 1.0% |
Redemption Fee within 1 year | 2.0% |