Funds
Kenanga OnePRS Growth Fund
 

Investment objective

The Fund seeks to provide capital growth.

 


Fund Category

Core (Growth)

 


Asset Allocation

·      Maximum 80% of the Fund’s NAV in equities (with maximum of 10% of the Fund’s NAV in leveraged and inverse exchange-traded funds).

·      At least 20% of the Fund’s NAV in fixed income instruments and/or money market instruments.

·      Up to 5% of the Fund’s NAV in liquid assets for liquidity purpose.

 

 

Performance benchmark

A composite of All MGS Index (20%) and FBM 100 (80%). The composition of the benchmark is reflective of the equity exposure and fixed income instruments exposure of the Fund.


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; and/or

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


For Members under the Default Option who are below the age of 45 years, their contributions will be allocated into this Fund.


Note: Where a Member under the Default Option makes the first contribution to the Scheme a month before the Member attains the age of 45 years old, the Member’s contribution will be allocated into the Kenanga OnePRS Moderate Fund instead.

 


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 PRS Provider, the Scheme Trustee and PPA are subject to the applicable taxes 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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