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Kenanga Sustainability Series: High Yield Bond Fund

1.1010

NAV as 19 Jun 2024

-0.0018 (0%)

Daily Change

Overview
Investment Objective

The Fund seeks to provide income and capital growth by investing in the Target Fund.

Fund Category
Fixed Income (Feeder)
Fund Type
Income & Growth
Launch Date
30-03-2022
Risk Profile
Moderate
Shariah-compliant
-
EPF-MIS Fund
-
Base Currency
MYR
Performance Benchmark
70% ICE BofAML Global High Yield Index and 30% Maybank Islamic Overnight Deposit Rate
Investor Profile
The Fund is suitable for Sophisticated Investors* who:
  • have medium to long term investment horizon; and
  • seek income and 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 Target Fund’s prospectus made available to the Manager. You may request a copy of the latest Target Fund’s prospectus from the Manager.

Asset Allocation
  • At least 95% of the Fund’s NAV will be invested in the Target Fund; and
  • Up to 5% of the Fund’s NAV will be invested in liquid assets comprising of money market instruments and deposits with financial institutions.
Information of Target Fund


Name of the Target Fund:

The NT Global High Yield ESG Bond Index Fund


The Target Fund Manager:

Northern Trust Fund Managers (Ireland) Limited, a limited liability company incorporated in Ireland on 9 February 1996, is ultimately a wholly-owned subsidiary of the Northern Trust Corporation, a multi-bank holding company based in Chicago, Illinois. The authorised share capital of the Target Fund Manager is USD1,000,000, USD200,000 of which is issued and fully paid up. The Target Fund Manager is responsible for the investment management of the assets of the Target Fund, the general administration of the Company and the Target Fund and the distribution of the shares of the Target Fund.


The Target Fund Investment Manager:

Northern Trust Global Investments Limited, a private limited company organised under the laws of England and Wales having its registered office at 50 Bank Street, Canary Wharf, London E14 5NT, United Kingdom. The principal activity of the Target Fund Investment Manager is in providing international and European investment management services. The Target Fund Investment Manager does not act as a broker fund advisor. The Target Fund Investment Manager is authorised to carry on regulated activities in the United Kingdom and is authorised and regulated by the Financial Conduct Authority in the conduct of its investment business.


Regulatory Authority of the Target Fund:

Central Bank of Ireland


Inception Date of the Target Fund:

8 August 2019


This Fund is eligible for the Pledge to Preserve Campaign.
To find out more, please click here
Fees & Charges
Entry Fee
Up to 5.00% of the NAV per unit
Exit Fee
Nil
Switching Fee
Switching facility is not available for the Fund.
Annual Management Fee
Up to 1.80% per annum of the NAV of the Fund
Annual Trustee Fee

Up to 0.05% p.a. of the NAV of the Fund

(excluding foreign sub-custodian fees and charges)

Minimum initial investment
RM5,000 (or such other amount as the Manager may prescribe from time to time)
Minimum Additional investment
RM1,000 (or such other amount as the Manager may prescribe from time to time)
Fund Performance

As at 31 May 2024

1 Year3 Year5 Year10 YearYear To DateSince Inception
9.110.000.000.003.3610.00

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
Download
Fund Document
Prospectus / Information Memorandum / Disclosure Document 30 Mar 2022
1st Supplemental Prospectus / Information Memorandum / Disclosure Document 16 Feb 2024
Product Highlights Sheet 16 Feb 2024
Fund Factsheet 01 May 2024
Financial Report
Financial - Annual Report 31 Aug 2023
Financial - Semi-Annual Report / Quarterly Report 29 Feb 2024