Funds
Kenanga Resource Equity Fund (formerly known as Libra Resource Equity Fund)**
 

Investment Objective

The Fund seeks to achieve capital growth over a medium to long term period by investing primarily in equities and equity-related securities traded globally. The Fund may also invest in fixed income securities, structured products and money market instruments


Fund Category / Type

Equity / Growth 


This Fund is suitable for Investors who:-

• seek capital growth over a medium to long-term investment horizon; and
• wish to participate in the medium to long-term capital growth potential of companies engaged in the exploration for and the development, production and marketing of resources products such as energy, minerals, agriculture and related industries

Performance Benchmark

MSCI ACWI


Asset Allocation

• Minimum 70% of its NAV in equity and equity-related securities of companies engaged in the exploration for and the development, production and marketing of resource products
• Maximum 28% the Fund’s NAV in fixed income securities and a maximum of 15% of the Fund’s NAV in structured products
• Minimum  2% of the Fund’s NAV in cash or liquid assets

Entry Fee

Up to 5.00% of the NAV per unit


Annual Management Fee

1.75% p.a. of the Fund’s NAV


Annual Trustee Fee

0.08% p.a. of the Fund’s NAV, subject to a minimum of RM18,000 per annum (excluding foreign custodian fees and charges)


Exit Fee

Nil


Switching Fee

Nil


Minimum Initial Investment

RM5,000


Minimum Additional Investment

RM1,000


Note:

• The management and trustee fees are computed and accrued on a daily basis and payable monthly.
• 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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