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Kenanga Alternative Series: Islamic Global Responsible Strategies Fund (MYR)

0.9992

NAV as 30 Apr 2025

-0.0177 (-2%)

Daily Change

Overview
Investment Objective

The Fund aims for capital growth by investing in the Target Fund to achieve superior long-term, risk-adjusted returns through a diversified portfolio of liquid, Shariah-compliant assets with global exposure.

Fund Category
Equity (Feeder)
Fund Type
Growth
Launch Date
12-08-2024
Risk Profile
-
Shariah-compliant
Yes
EPF-MIS Fund
-
Base Currency
USD
Performance Benchmark

MSCI ACWI Islamic Index



Investor Profile

The Fund is suitable for Sophisticated Investors who:

  • seek capital growth through exposure across global market equities;
  • seek to invest in Shariah-compliant investments; and
  • have medium to long term investment horizon.
Asset Allocation
  • At least 95% of the Fund’s NAV will be invested in the Target Fund; and
  • Up to 5% of the Fund’s NAV will be invested in Islamic liquid assets comprising of Islamic money market instruments and Islamic deposits with financial institutions.





Information of Target Fund


Name of the Target Fund:

Chicago Global Portfolios VCC acting for the purpose of Chicago Global Responsible Strategies


The Target Fund Manager:

Chicago Global Capital Pte. Ltd.


Regulatory Authority of the Target Fund:

Monetary Authority of Singapore


Inception Date of the Target Fund:

25 July 2024


Fees & Charges
Entry Fee

Up to 5.00% of the NAV per Unit.



Exit Fee
Nil
Switching Fee
Not applicable
Annual Management Fee

Up to 1.8% per annum of the NAV of the Fund.



Annual Trustee Fee

Up to 0.03% per annum of the Fund’s NAV (excluding foreign sub-custodian fees and charges)


Minimum initial investment
MYR5,000 or such other amount as the Manager may prescribe from time to time.
Minimum Additional investment
MYR1,000 or such other amount as the Manager may prescribe from time to time.
Fund Performance

As at 30 Apr 2025

1 Year3 Year5 Year10 YearYear To DateSince Inception
0.000.000.000.00-1.99-0.08

Source: Lipper Investment Management

(Past performance is not indicative of future performance. This table is for information only and is not intended as solicitation for sales. Please read and understand the contents of the relevant Prospectus before investing. If in doubt please consult a professional adviser.)

1 Y
3 Y
5 Y
10 Y
Year To Date
Since Inception
Fromto
Income Distribution
CurrencyDateDistribution
(sen/per unit)
Income (%)Capital (%)Unit Split
Note: The Yield represents a financial ratio that shows how much a fund pays out in income distribution each year relative to its fund price at the beginning of the year. In the absence of any capital gains, the dividend yield is the return on investment for a fund.
Download
Prospectuses / Information Memorandum / Disclosure Document
Information Memorandum 12 Aug 2024
Fund Documents
Product Highlights Sheet 12 Aug 2024
Financial Report
Quarterly Report 28 Feb 2025