The ‘best performing fund’ is the fund that has recorded the highest absolute gains (in terms of the fund’s currency), calculated based on the latest available NAV on the deduction date of the bond fund platform fee.

Example:
An investor has a bond platform fee of USD 5.00 due for the quarter. Firstly, the system will compare the absolute gains in USD term among USD denominated funds based on the latest available NAV, and deduct the platform fee from the fund with the highest absolute gains. If there are no available USD funds for deduction purposes, the system will then compare MYR denominated funds. The system will only consider funds denominated in the bond platform fee’s currency (in this case, USD) or MYR denominated funds. Even if the investor has a EUR-denominated fund, it will not be eligible for deduction purpose.