Funds
Kenanga Islamic Money Market Fund
 

Investment Objective

The Fund aims to provide investors with a regular income stream that comply with Shariah requirements whilst maintaining capital stability*.

 

Fund Category / Type

Money Market (Islamic) / Income

 

This Fund is suitable for investors who:

·    seek regular income that complies with Shariah requirements with capital stability*;

·    have low risk tolerance; and

·   have short to medium-term investment horizon.

 

Performance Benchmark

Maybank Overnight Repo Rate

 

Asset Allocation

100% of the Fund's NAV - Islamic money market instruments, Islamic debentures and Islamic deposits


Entry Fee

Cash Investment: Nil

EPF Investment: Nil

 

Annual Management Fee

0.50% p.a. of the NAV

 

Annual Trustee Fee

0.02% p.a. of the NAV

 

Exit Fee

Nil

 

Switching Fee

Nil

 

Minimum Initial Investment

RM1,000

 

Minimum Additional Investment

RM100


*The Fund is not a capital guaranteed fund nor a capital protected fund. 

 

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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