\n The Kenanga Global Growth Fund and Kenanga Global Islamic Fund will offer investors global exposure and greater diversification following reintroduction. <\/p>\n
KUALA
\u00a0<\/p>\n
First
\u00a0<\/p>\n
For KGIF, its primary investment focus remains achieving steady capital growth and income
\u00a0<\/p>\n
“We
\u00a0<\/p>\n
The firm will adopt an active
\u00a0<\/p>\n
The Funds
\u00a0<\/p>\n
For more information about
\nLUMPUR, MALAYSIA\u00a0–\u00a0Media
\nOutReach<\/a>\u00a0–\u00a029 June 2021 –\u00a0Kenanga Investors
\nBerhad<\/a> (“Kenanga Investors<\/b>“)
\nannounced the relaunch of two of its unit trust funds, the Kenanga Global Growth
\nFund (“KGGF<\/b>“, formerly Kenanga
\nResource Equity Fund<\/i>) and Kenanga Global Islamic Fund (“KGIF<\/b>“, formerly
\nKenanga Islamic Fund<\/i>) yesterday.<\/p>\n![](\"https:\/\/release.media-outreach.com\/release.php\/Images\/Thumb\/500x0\/159530\/Ismitz-Matthew.jpg#image-159530\")
<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nlaunched in 2011, KGGF has been repositioned by shifting away from its previous
\nfocus on resource products such as energy, minerals, agriculture and related
\nindustries. The Fund now aims to achieve capital growth by investing primarily in global
\nequities and equity-related securities with a secondary focus on fixed income
\nsecurities, structured products and money market instruments. KGGF will be
\nbenchmarked to MSCI All Country World Index (“MSCI ACWI<\/b>“), facilitating
\nKenanga Investors’ barbell strategy that favours recovery themes and structural
\ngrowth trends. <\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\ndistribution in a diversified portfolio according to Shariah principles, albeit
\nin global Shariah-compliant equities and Shariah-compliant equity-related
\nsecurities. Its benchmark, as of relaunch, is the Dow Jones Islamic Market
\nWorld Index (“DJIM World<\/b>“), which measures the performance of a global
\nuniverse of investable equities that have been screened for Shariah compliance
\nconsistent with Dow Jones’ Islamic Markets Index methodology.<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nhave reintroduced these Funds to the market to provide our clients a greater
\ndegree of global exposure. By investing in global markets, we will have a wider
\nscope 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
\nrelaunched funds are benchmarked, the MSCI ACWI and DJIM World, have also
\nshown consistent growth over the past
\n10 years despite economic cycles and major economic events, which demonstrates
\nthat global exposure delivers good returns and provides diversification”, says Ismitz Matthew De Alwis,
\nExecutive Director and Chief Executive Officer.<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\ninvestment strategy that combines bottom-up investment
\nanalysis of companies with top-down macro-analysis of countries and sectors in
\nasset allocation. The investment process will be consistent with the firm’s
\nphilosophy of investing in companies that generate earnings growth and provide
\ndecent returns on capital, as well as by identifying companies that are undervalued.
\nKey factors of focus include 1) Sustainability of the business model, 2)
\nManagement track record, 3) Earnings growth and visibility, and 4) Returns on
\nCapital.<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nare suitable for investors who seek capital growth over a medium to long-term
\ninvestment horizon. The initial minimum investment amount will be RM5,000.00
\nwith every additional investment at RM200.00 for KGGF while KGIF will require RM1,000
\nas a starting amount with RM100 for each additional investment. <\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nKenanga Investors Berhad, please visit www.kenangainvestors.com.my<\/a>. <\/p>\n
\n
<\/p>\n