Funds
Kenanga Islamic Fund
 

Investment Objective

The Fund aims to achieve steady capital growth and income distribution (incidental) over the medium to long-term period by investing in a diversified portfolio in accordance with accepted Shariah principles.

 

Fund Category / Type

Equity (Islamic) / Growth

 

This Fund is suitable for investors who:

·      want a portfolio of investments that complies with Shariah requirements; and

·      willing to accept moderate to high risk in order to achieve a reasonable return on their capital over the medium to long-term period.

 

Performance Benchmark

FTSE-Bursa Malaysia Emas Shariah Index


Asset Allocation

·    70% - 98% of the Fund’s NAV – Shariah-compliant equities & Shariah-compliant equity-related securities

·    Minimum 2% of the Fund’s NAV – Islamic liquid assets


Entry Fee

Cash Investment: Up to 5.50% of NAV per Unit

 

Annual Management Fee

1.90% p.a. of the NAV

 

Annual Trustee Fee

0.08% p.a. of the NAV, subject to a minimum of RM18,000 per annum

 

Exit Fee

Nil

 

Switching Fee

Nil

 

Minimum Initial Investment

RM1,000

 

Minimum Additional Investment

RM100

 

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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