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Kenanga Global Unicorn 2 (MYR)

0.5179

NAV as 30 Nov 2024

-0.0031 (-1%)

Daily Change

Overview
Investment Objective

The Fund seeks to provide capital appreciation at the end of the Fund's maturity by investing in the Target Fund. 

Fund Category
Equity (Feeder)
Fund Type
Growth (closed-end)
Launch Date
05-11-2019
Risk Profile
High
Shariah-compliant
-
EPF-MIS Fund
-
Base Currency
MYR
Performance Benchmark

The Fund will be measured against a targeted return of 12% internal rate of return per annum.


(This is not a guaranteed return and serves as a guide to measure the Fund's performance. The Fund may or may not achieve 12% internal rate of return per annum in any particular financial year.)

Investor Profile
The Fund is suitable for Sophisticated Investors who:-
  • have medium to long term investment horizon; and
  • seeks growth in their investment
Asset Allocation
  • Up to 100% of the Fund's NAV to be invested in the Target Fund; and
  • The balance of the Fund's NAV to be invested in liquid assets comprising money market instruments and deposits with financial institutions.
Information of Target Fund


Name of the Target Fund:

Ericsenz-K2 Global Unicorn Fund II


The Target Fund Manager:

Ericsenz Capital Pte. Ltd., a private limited company incorporated under the laws of the Republic of Singapore and is regulated as a holder of a capital markets services licence under the Securities and Futures Act, Chapter 289 of Singapore to conduct the regulated activity of fund management in Singapore by the MAS whose address is 10 Shenton Way, MAS Building, Singapore 079117.


Regulatory Authority of the Target Fund:

Monetary Authority of Singapore


Regulatory Authority of the Investment Manager Fund:

Monetary Authority of Singapore


Inception Date of the Target Fund:

16 October 2019


Fees & Charges
Entry Fee
Up to 5.00% of the Offer Price.
Exit Fee
Nil
Switching Fee
Switching facility is not available for the Fund
Annual Management Fee
Up to 1.00% per annum of the NAV of the Fund.
Annual Trustee Fee
Up to 0.03% per annum of the NAV of the Fund
(excluding foreign sub-custodian fees and charges) 
Minimum initial investment
RM100,000 (during Offer Period only)
Minimum Additional investment
RM50,000 (during Offer Period only)
Fund Performance

As at 30 Nov 2024

1 Year3 Year5 Year10 YearYear To DateSince Inception
-7.00-43.94-48.210.00-5.51-48.21

Source: Lipper Investment Management

(Past performance is not indicative of future performance. This table is for information only and is not intended as solicitation for sales. Please read and understand the contents of the relevant Prospectus before investing. If in doubt please consult a professional adviser.)

1 Y
3 Y
5 Y
10 Y
Year To Date
Since Inception
Fromto
Income Distribution
CurrencyDateDistribution
(sen/per unit)
Income (%)Capital (%)Unit Split
Note: The Yield represents a financial ratio that shows how much a fund pays out in income distribution each year relative to its fund price at the beginning of the year. In the absence of any capital gains, the dividend yield is the return on investment for a fund.
Download
Prospectuses / Information Memorandum / Disclosure Document
Information Memorandum 05 Nov 2019
Fund Documents
Product Highlights Sheet 05 Nov 2019
Fund Factsheet 01 Nov 2024
Financial Report
Annual Report 31 Mar 2024
Quarterly Report 30 Sep 2024