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Kenanga Islamic Balanced Fund

0.4412

NAV as 11 Dec 2024

-0.0011 (0%)

Daily Change

Overview
Investment Objective

The Fund aims to achieve steady capital growth and income distribution (if any) over the medium to long-term period by investing in a diversified portfolio in accordance with Shariah requirements.

Fund Category
Balanced
Fund Type
Growth & Income
Launch Date
06-12-2004
Risk Profile
Moderate
Shariah-compliant
Yes
EPF-MIS Fund
Yes
Base Currency
MYR
Performance Benchmark
  • 60% of the NAV - FTSE-Bursa Malaysia Emas Shariah Index.
  • 40% of the NAV - Maybank 12-month GIA rate.

Investor Profile
This Fund is suitable for investors who:
  • want a portfolio of investments that complies with Shariah requirements;
  • willing to accept moderate risk in order to achieve a steady capital growth and income distribution (if any) over the medium to long-term period.
Asset Allocation
  • Maximum 60% of the Fund's NAV - Shariah-compliant equities and Shariah-compliant equity-related securities.
  • Maximum 40% of the Fund's NAV - Sukuk.
  • Minimum 2% of the Fund's NAV - Islamic liquid assets.
Fees & Charges
Entry Fee
  • Cash Investment: Up to 5.50% of NAV per Unit
  • EPF Investment: Up to 3.00% of the NAV per unit 
Exit Fee
Nil.
Switching Fee
Nil.
Annual Management Fee
1.50% p.a. of the NAV.
Annual Trustee Fee
0.05% pa.a of the NAV.
Minimum initial investment
RM1,000
Minimum Additional investment
RM100
Fund Performance

As at 30 Nov 2024

1 Year3 Year5 Year10 YearYear To DateSince Inception
13.845.6324.9937.1812.36183.40

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
MYR15 Apr 20223.5000100-0
MYR09 Apr 20215.0500100-0
MYR16 May 20162.7900100-0
MYR26 Feb 20154.0000100-0
MYR26 Feb 20143.0000100-0
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
Master Prospectus 28 Jun 2021
1st Supplemental Master Prospectus 15 Apr 2020
2nd Supplemental Master Prospectus 18 Dec 2020
3rd Supplemental Master Prospectus 28 Jun 2021
4th Supplemental Master Prospectus 15 Sep 2023
5th Supplemental Master Prospectus 02 Oct 2023
Consolidated Prospectus 02 Oct 2023
Fund Documents
Product Highlights Sheet 15 May 2024
Fund Factsheet 01 Nov 2024
Financial Report
Annual Report 29 Feb 2024
Semi-Annual Report 31 Aug 2024