Kenanga Investors Relaunches Funds with Global Focus

The Kenanga Global Growth Fund and Kenanga Global Islamic Fund will offer investors global exposure and greater diversification following reintroduction.

KUALA
LUMPUR, MALAYSIA – Media
OutReach – 29 June 2021 – Kenanga Investors
Berhad (“Kenanga Investors“)
announced the relaunch of two of its unit trust funds, the Kenanga Global Growth
Fund (“KGGF“, formerly Kenanga
Resource Equity Fund) and Kenanga Global Islamic Fund (“KGIF“, formerly
Kenanga Islamic Fund) yesterday.

First
launched in 2011, KGGF has been repositioned by shifting away from its previous
focus on resource products such as energy, minerals, agriculture and related
industries. The Fund now aims to achieve capital growth by investing primarily in global
equities and equity-related securities with a secondary focus on fixed income
securities, structured products and money market instruments. KGGF will be
benchmarked to MSCI All Country World Index (“MSCI ACWI“), facilitating
Kenanga Investors’ barbell strategy that favours recovery themes and structural
growth trends.

For KGIF, its primary investment focus remains achieving steady capital growth and income
distribution in a diversified portfolio according to Shariah principles, albeit
in global Shariah-compliant equities and Shariah-compliant equity-related
securities. Its benchmark, as of relaunch, is the Dow Jones Islamic Market
World Index (“DJIM World“), which measures the performance of a global
universe of investable equities that have been screened for Shariah compliance
consistent with Dow Jones’ Islamic Markets Index methodology.

“We
have reintroduced these Funds to the market to provide our clients a greater
degree of global exposure. By investing in global markets, we will have a wider
scope to capitalise on secular growth trends such as digitisation, electric vehicles, 5G, and also the expected rebound in markets post-COVID. The indices to which the
relaunched funds are benchmarked, the MSCI ACWI and DJIM World, have also
shown consistent growth over the past
10 years despite economic cycles and major economic events, which demonstrates
that global exposure delivers good returns and provides diversification”, says Ismitz Matthew De Alwis,
Executive Director and Chief Executive Officer.

The firm will adopt an active
investment strategy that combines bottom-up investment
analysis of companies with top-down macro-analysis of countries and sectors in
asset allocation. The investment process will be consistent with the firm’s
philosophy of investing in companies that generate earnings growth and provide
decent returns on capital, as well as by identifying companies that are undervalued.
Key factors of focus include 1) Sustainability of the business model, 2)
Management track record, 3) Earnings growth and visibility, and 4) Returns on
Capital.

The Funds
are suitable for investors who seek capital growth over a medium to long-term
investment horizon. The initial minimum investment amount will be RM5,000.00
with every additional investment at RM200.00 for KGGF while KGIF will require RM1,000
as a starting amount with RM100 for each additional investment.

For more information about
Kenanga Investors Berhad, please visit www.kenangainvestors.com.my.