Funds
Kenanga Cash Plus Fund
 

Investment Objective

The Fund aims to provide investors a regular stream of income through investments in short to medium-term fixed income instruments with high level of liquidity^.

 

Fund Category / Type

Fixed Income / Income

 

This Fund is suitable for investors who:

·    desire a steady stream of income;

·    have short to medium-term investment horizon;

·    have low tolerance of investment risks;

·    want a highly liquid investment portfolio; and

·      want a low-risk fund as part of the asset allocation strategy.

 

Performance Benchmark

Maybank 1-month fixed deposit rate

 

Asset Allocation

·    Up to 50% of the Fund's NAV - Fixed income instruments

·   Minimum 50% of the Fund's NAV - Liquid assets


Entry Fee

·    Cash Investment: Nil

·   EPF Investment: Nil

 

Annual Management Fee

0.75% p.a. of the NAV as per prospectus


The Manager is currently charging a management fee of 0.50% p.a. of the NAV.

 

Annual Trustee Fee

0.07% p.a. of the NAV, subject to a minimum of RM9,000 per annum as per prospectus


The Trustee is currently charging a Trustee Fee of 0.02% p.a. of the NAV.

 

Exit Fee

Nil

 

Switching Fee

Nil

 

Minimum Initial Investment

RM1,000

 

Minimum Additional Investment

RM100

 

^ High level of liquidity refers to fixed income instruments that are very liquid and can be sold off easily.

 

Note

·      In computing the annual management fee and annual trustee fee, the Net Asset Value (“NAV”) of the Fund should include the management fee and the trustee fee for the relevant day.


·        All fees and charges payable to the Manager and the Trustee are subject to the goods and services tax/sales and services tax/other taxes of a similar nature  as may be imposed by the government or other authorities from time to time. 

 

This is for information only. It should not be construed as an offer or a solicitation of an offer to purchase or subscribe or to sell units. Units of the Fund are offered solely on the basis of the information contained in the Master Prospectus and Supplementary Prospectus (if any). If you are in doubt when considering the investment or the information provided, you are advised to consult a professional adviser. 


Kenanga Investors Berhad 199501024358 (353563-P). All rights reserved.
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