Funds
Kenanga Yield Enhancement Fund
 

Investment Objective

The Fund seeks to provide Investors with income and capital growth by investing into short to medium-term money market instruments and fixed income securities.

 

Fund Category / Type

Fixed Income / Income and Growth

 

This Fund is suitable for investors who:

•   seeking income and capital growth;

•   have low to medium risk tolerance; and

•   have medium to long-term investment horizon.

 

Asset Allocation

•   Minimum of 60% to a maximum of 100% of its NAV will be invested in fixed income securities; and

•   Up to 40% of its NAV will be invested in placements of fixed deposits, money market instruments and fixed income securities with a maturity period of 2 years and below


Performance Benchmark

4.5% p.a.*

 

Maximum Entry Fee:

Cash investment: Nil

 

Annual Management Fee

Up to 0.50% p.a. of the NAV

 

Annual Trustee Fee

Up to 0.02% p.a. of the NAV


Performance Fee

•   The Manager will earn a 20% performance fee on the appreciation in the NAV per unit over and above the Hurdle Value during a particular Performance Period.

•   However in the interests of investors, the Manager imposes a Hurdle Value, that is HWM plus 4.5%, in which the Fund’s performance have to exceed before the Manager is eligible for a performance fee. 

Exit Fee

Nil

 

Switching Fee

Switching facility is not available for the Fund.

 

Minimum Initial Investment

RM50,000

 

Minimum Additional Investment

RM10,000

 

* The benchmark herein is NOT a guaranteed rate of return of the 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 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 Information Memorandum and Supplementary Information Memorandum (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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