Funds
Kenanga Global Unicorn 2 (MYR)
 

Investment Objective

The Fund seeks to provide capital appreciation at the end of the Fund's maturity by investing in the Target Fund. 


Fund Category / Type

Equity (Feeder) / Growth (closed-end)


Investors’ Profile

The Fund is suitable for Sophisticated Investors who:-

·    have medium to long term investment horizon; and

·    seeks growth in their investments


Performance Benchmark

The Fund will be measured against a targeted return of 12% internal rate of return per annum. 


This is not a guaranteed return and serves as a guide to measure the Fund's performance. The Fund may or may not achieve 12% internal rate of return per annum in any particular financial year.


Asset Allocation


·    Up to 100% of the Fund's NAV to be invested in the Target Fund; and

·    The balance of the Fund's NAV to be invested in liquid assets comprising money market instruments and deposits with financial institutions.

    Entry Fee
    Up to 5.00% of the Offer Price


    Management Fee

    Up to 1.00% per annum of the NAV of the Fund


    Trustee Fee

    Up to 0.04% per annum of the NAV of the Fund (excluding foreign sub-custodian fees and charges) 


    Exit Fee

    Nil


    Switching Fee

    Switching facility is not available for the Fund


    Minimum Initial Investment

    RM100,000 (during Offer Period only)


    Minimum Additional Investment

    RM50,000 (during Offer Period only)


    Information about the Target Fund


    Name of the Target Fund

    Ericsenz-K2 Global Unicorn Fund II


    Investment Manager of the Target Fund

    Ericsenz Capital Pte. Ltd.


    Regulatory Authority of the Target Fund

    Monetary Authority of Singapore


    Regulatory Authority of the Investment Manager Fund

    Monetary Authority of Singapore


    Inception Date of the Target Fund

    16 October 2019


    Note:


    ·    The sales charge is applicable to all classes of units.

    ·    The risk profile of the Fund is not the same as the risk profile of the performance benchmark.

    ·    In computing the annual trustee fee, the Net Asset Value ("NAV") of the Fund should include 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 Information Memorandum. Where the Target Fund's past performance is quoted, the past performance of the Target Fund should not be taken as indicative of its future performance. 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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