Tradeview Funding Societies Income Fund (TFSIF) aims to provide investors with a regular income of 6% per annum by investing in short-term financing to SMEs. It seeks to deliver consistent income while supporting SME growth and maintaining prudent risk controls by combining Tradeview Capital’s fund management expertise and Funding Societies’ SME credit assessment experience to balance returns with protection.

The fund maintains a diversified SME portfolio across financing products and industries including manufacturing, logistics, wholesale and retail, services and more.  Ongoing reviews will be conducted to assess macro-environment or business cycles in order to determine types of notes and sector exposure from time to time.

This Fund is designed for high-net-worth individuals and sophisticated investors seeking stable, consistent income while gaining exposure to the growing SME financing sector. It’s suitable for those with a medium to long-term investment horizon and a moderate risk tolerance, offering a balanced opportunity to participate in an alternative asset class with potential for steady returns.

45 calendar days from the launch date of the Fund (16 October 2025). 

*However, the initial offer period may be reduced by the Manager in the event the Manager determines that it is in the best interest of the Unit Holders.

The Fund is an open-ended fund which means there is no maturity date for the Fund and the Fund may only be terminated in accordance with the terms stated in the Information Memorandum and the provisions of the Deed. 

The Fund will allocate capital primarily to Investment Notes originated through Funding Societies. These Investment Notes are issued by SMEs seeking short-term financing to support their working capital needs.

• The Fund will be invested into a portfolio of Investment Notes with exposure diversified across SMEs and financing products.

• Part of the portfolio is safeguarded through Investment Notes secured by registrable collateral or third-party guarantees.

• A Credit Enhancement Reserve of up to 10% of the Fund’s Net Investment Deposits will be maintained to absorb the Fund’s initial credit losses.

Part  of  the  portfolio  is  safeguarded  through  Investment  Notes secured by registrable collateral or third-party guarantees. A Credit Enhancement Reserve of up to 10% of the Fund’s Net Investment  Deposits  will  be  maintained  to  absorb  the  Fund’s initial credit losses and to provide benchmark return support. In addition, part of the underlying investment notes are backed by registrable collateral or third-party guarantees from CGC Digital Malaysia, a wholly owned subsidiary of the Credit Guarantee Corporation (CGC), providing a robust, multi-layered protection structure for investors.

Funding Societies will also initiate collection and recovery activities on behalf of the Fund in the event of borrower default, leveraging its established recovery infrastructure and collection and legal partners to maximise recoveries and minimise losses.

The initial offer price is RM1.00 per unit, with a minimum investment of RM10,000 and subsequent top-ups in the same amount. This makes the fund more accessible than most wholesale funds while maintaining a higher threshold than retail mutual funds. This balance offers both institutional-grade opportunities and managed accessibility for investors. 

Funding Societies’ existing platform notes and products will continue to operate as usual. TFSIF is a separate wholesale fund designed to complement Funding Societies’ P2P offerings by providing institutional and sophisticated investors with a managed portfolio exposure to SME investment notes.

• Sales charge: up to 2% of the net investment amount

• Annual management fee: Up to 1.5% per annum of the NAV of the fund.

• Annual Trustee Fee: Up to 0.07% per annum (excluding foreign custodian fee) of the NAV of the fund.

A 1% redemption fee applies to withdrawals made within twelve (12) months since the initial investment application. Withdrawals made after one year are not subject to any redemption fee.

The assets of the Fund will be valued at least once monthly, except during the Fund’s initial offer period. The Fund will be valued at the end of the last Business Day of each month.

Redemption requests / applications can be made on the last Business Day of each month. 

Cashflow-Driven Redemption and Redemption Gate

Redemptions from the Fund will be subject to the availability of cash flows generated by the Fund’s underlying investments. As the Fund primarily invests in Investment Notes and other illiquid assets that are generally held to maturity, redemption proceeds cannot be guaranteed on any fixed redemption date.

Accordingly, the Manager may, at its discretion, implement a cashflow-driven redemption policy, under which:

Cashflow-Linked Payments

Redemption requests will only be satisfied to the extent of cash available from principal repayments, interest receipts (net of reinvestment and expenses), or realisation proceeds. Redemption proceeds may therefore be distributed progressively in instalments, reflecting the repayment schedule of the Fund’s portfolio.

Redemption Gate

On any Redemption Day, if aggregate redemption requests exceed 5% of the Fund’s Net Asset Value (“NAV”), the Manager may limit redemptions to 5% of NAV on a pro-rata basis across all redeeming investors. Any balance not redeemed will be carried forward and treated as a redemption request for the next Redemption Day, subject again to the prevailing gate and cash availability.

Deferred Redemption Balance

Any portion of a redemption request not satisfied due to insufficient cash flows or application of the redemption gate will remain outstanding. Such requests will be automatically carried forward and paid progressively as and when cash flows are received, on a first-in, first-out basis, unless otherwise determined by the Manager in the best interests of investors.

Suspension of Redemptions

In exceptional circumstances, including market disruption, material borrower default, or other extraordinary events, the Manager may temporarily suspend redemptions to ensure fair treatment of investors and to protect the long-term interests of the Fund.

Investors should note that redemption proceeds may be delayed, staggered over multiple instalments, and capped in any redemption period. Redemption under this policy is therefore inherently linked to the repayment profile of the Fund’s assets and subject to both cash availability and the applicable redemption gate.