Funds
Kenanga MoneyEXTRA Fund (formerly known as Libra MoneyEXTRA Fund)
 

Investment Objective

The primary objective of the Fund is to maintain a high degree of liquidity while providing current income through a direct investment portfolio investing in short term, high quality* Ringgit-denominated money market instruments


*Minimum credit rating of P2/A3 by RAM or equivalent by other rating agencies


Fund Category / Type

Fixed Income / Income


This Fund is suitable for Investors who:-

• are looking for a safe investment vehicle to manage their short-term cash holdings more effectively


Performance Benchmark

Maybank 1-month fixed deposit rate


Asset Allocation

• Minimum 70% of its NAV in short-term money market instruments (including commercial papers with a rating of P1 by RAM or its equivalent rating by other rating agencies; short-term deposits; and other liquid assets such as short-term securities which are issued and/or guaranteed by the government, or issued by quasi-government bodies including KhazanahCagamas and BNM as permitted under the Fund’s Permitted Investments)
• Up to 30% of the Fund’s NAV will be invested in money market instruments, bonds with a minimum credit rating of A3 by RAM or its equivalent by other rating agencies and commercial papers with a credit rating of P2 by RAM or its equivalent rating by other rating agencies
• Minimum 2% of the Fund’s NAV in liquid assets

Entry Fee

Cash Investment: Nil


Annual Management Fee

0.50% p.a. of the Fund’s NAV


Annual Trustee Fee

0.07% p.a. of the Fund’s NAV, subject to a minimum of RM18,000 p.a.


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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