09-03-2015
KENANGA GROWTH FUND WINS BEST PERFORMING EQUITY MALAYSIA FUND (5 Years & 10 Years)
KUALA LUMPUR, 9 MARCH 2015 – Kenanga Investors Berhad’s (Kenanga Investors), Kenanga Growth Fund won the Best Performing Equity Malaysia Fund for the 5-year and 10-year categories at the prestigious Lipper Malaysia Fund Awards 2015. This is the third consecutive year that Kenanga Growth Fund has been recognised for its performance specifically for the 5-year category.
Datuk Chay Wai Leong, Group Managing Director of K & N Kenanga Holdings Berhad (“Kenanga Group”) was pleased with Kenanga Investors’ positive start to the year. “Kenanga Growth Fund delivered total return of 148.95%* (5 years) and 324.83%* (10 years) as at end 2014. This was largely due to Kenanga Investors’ investing philosophy, research efforts and bottom-up stock picking approach. These wins also demonstrate the Fund Management team’s commitment to deliver not only impressive returns but consistent investment performance for our clients, year on year. In the shorter term, the Fund continues to deliver above benchmark performances achieving 9.31%* (1 year) and 57.54%* (3 years) returns in 2014.”
Kenanga Investors’ Chief Executive Officer, Mr Ismitz Matthew De Alwis said, “In 2014, Kenanga Investors saw its retail assets double its Asset Under Management (AUM) with overall Collective Investment Schemes AUM growing by 68%. These were mainly new fund flows. The consistency of our funds over the period also contributed to the in-flows as investors began to look at a funds’ performance over a longer duration i.e. five years. Kenanga Investors’ continuing efforts in improving our distribution reach and customer experience along with consistent top performance of our funds shall remain the main thrust moving forward.”
The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Lipper Malaysia Fund Awards is a prominent yearly event organised to honour top-performing unit trust funds in the country.
For more information about Kenanga Investors, please visit www.kenangainvestors.com.my