Funds
Kenanga OnePRS Shariah Equity Fund
 

Investment objective of the fund

The Fund seeks to provide capital growth by investing in the Target Fund (Kenanga Syariah Growth Fund).

 

Fund Category

Feeder Fund (Equity)

 

Asset Allocation

·    Minimum 95% of the Fund's NAV will be invested in the Target Fund.

·    Minimum 5% of the Fund's NAV will be invested in cash and/or Islamic money market instruments.

 

Performance benchmark

FTSE-Bursa Malaysia Emas Shariah Index


The risk profile of the Fund is not the same as the risk profile of the Performance Benchmark.

 

Member’s profile

This Fund is suitable for Members who

·    seek capital appreciation

·    seek Shariah-compliant investments; and/or

·   have moderate risk tolerance and can withstand short-term volatility.

 

Entry Fee

Cash Investment: Up to 1.50% of NAV per Unit

 

Annual Management Fee

1.55% p.a. of the NAV

 

Annual Scheme Trustee Fee

0.015% p.a. of the NAV or a minimum fee of RM6,000 p.a. per Fund

 

Exit Charge

Nil

 

Switching Fee (between Funds in this Scheme)

Nil

 

Transfer Fee (to another PRS Provider)

RM25 per transaction

 

PPA Account Opening Fee

RM10

 

PPA Annual Fee

RM8 p.a.

 

PPA Administration Fee (Charged to the Funds)

0.04% p.a. of NAV

 

PPA Transfer Fee

RM25 per transaction

 

Minimum Initial Contribution

·    Lump sum: RM1,000 per Fund

·    Regular contribution plan: RM100 per Fund

 

Minimum Additional Investment

RM100 per 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 Provider, the Trustee and PPA 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 Disclosure Document and Supplementary Disclosure Document (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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