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Kenanga Sustainability Series: Frontier Fund (USD)

0.6061

NAV as 30 Nov 2024

-0.0072 (-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
27-10-2021
Risk Profile
High
Shariah-compliant
-
EPF-MIS Fund
-
Base Currency
USD
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 a 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
  • seek growth in their investment.

* Sophisticated Investors are advised to read this Information Memorandum and obtain professional advice before subscribing to the Units of the Fund. As this is a feeder fund, the Manager has provided Sophisticated Investors with information on the Target Fund based on the Offering Document of the Target Fund. You may obtain a copy of the latest Offering Document of the Target Fund from the Manager.


Asset Allocation
The Fund will invest up to 100% of its NAV in the Target Fund, with the remainder of its NAV invested in liquid assets, comprising of money market instruments and deposits with financial institutions.
Information of Target Fund


Name of the Target Fund:

Ericsenz Frontier Fund


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 Monetary Authority of Singapore whose address is 10 Shenton Way, MAS Building, Singapore 079117.


Regulatory Authority of the Target Fund:

Monetary Authority of Singapore


Inception Date of the Target Fund:

8 October 2021


Fees & Charges
Entry Fee
Up to 5.00% of the Offer Price.
Exit Fee
Nil
Switching Fee
Nil
Annual Management Fee
Up to 1.80% p.a. of the NAV of the Fund.
Annual Trustee Fee

Up to 0.03% p.a. of the NAV of the Fund

(excluding foreign sub-custodian fees and charges)

Minimum initial investment
USD5,000 (during Offer Period only)
Minimum Additional investment
USD1,000 (during Offer Period only)
Fund Performance

As at 30 Nov 2024

1 Year3 Year5 Year10 YearYear To DateSince Inception
-17.85-39.390.000.00-17.22-39.39

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 27 Oct 2021
Fund Documents
Product Highlights Sheet 27 Oct 2021
Fund Factsheet 01 Nov 2024
Financial Report
Annual Report 31 Jan 2024
Quarterly Report 31 Jul 2024