Policy

The Fund is a feeder fund investing mainly in the investment units of Nasdaq Equity Premium Income Active UCITS ETF (the Master Fund), USD (acc) share class. The Master Fund is an Exchange Traded Fund (ETF) and a sub-fund of JPMorgan ETFs (Ireland) ICAV which qualifies as an Undertaking for Collective Investment in Transferable Securities (UCITS) under Irish law. The Master Fund is traded on the London Stock Exchange in USD.
The Master Fund aims to invest in a portfolio of equity securities comprising primarily of companies that are domiciled in, or carrying out the main part of their economic activity in the USA, and sell equity call options and/or equity index call options, to generate an income through the associated dividends and options premiums.
The Fund may invest in investment units of mutual funds or property funds (Type 1) or REITs or infra funds under management of SCBAM not exceeding 20% of NAV.
The Fund may consider investing in derivatives for purposes of enhancing the efficiency of portfolio management and/or hedging exchange rate risk which depends on fund manager’s discretion, not exceed 105% of foreign invested asset value.

Fund Type

ForeignInvestment Funds

Sub Type of Fund

Equity Fund

Registered Fund Capital

3,000 Million

Fund Registration Date

14 Jul 2026

Maturity Date

N/A