Funds
Kenanga Dana Safa (formerly known as Libra Dana Safa Fund)
 

Investment Objective

The Fund seeks to provide investors with a regular income stream and aims to maintain a high degree of liquidity through a direct investment portfolio investing primarily in short term, high quality Ringgit-denominated Islamic money market instruments and partially in sukuk.


Fund Category / Type

Fixed Income (Shariah, Wholesale Fund) / Income


This Fund is suitable for Investors who:-

• seek regular income;
• have a short-term investment horizon; and
• have a low risk tolerance

Performance Benchmark

Maybank 1 Month Islamic Fixed Deposit-i Rate


Asset Allocation

• Up to 98% of the Fund’s NAV in Islamic money market instruments and sukuk
• Maximum 20% of the Fund’s NAV in sukuk
• Minimum 2% of the Fund’s NAV in cash/Islamic deposits

Entry Fee

Nil


Annual Management Fee

Up to 0.50% per annum of the NAV of the Fund


Annual Trustee Fee

Up to 0.05% p.aof the Fund’s NAV


Exit Fee

Nil


Switching Fee

Nil


Minimum Initial Investment

RM500,000 or other such amount as may be decided by the Manager from time to time


Minimum Additional Investment

RM100,000 or other such amount as may be decided by the Manager from time to time


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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