Kenanga Syariah Growth

Fund Key Data
ManagerKenanga Investors Bhd 1
Fund TypeEquity Malaysia (Islamic)
Date Launched January 29, 2002
Approved Fund Size 200,000,000
Fund Price as at August 29, 2014
Buy 1.2299
Sell 1.2299
NAV 1.2299
Daily prices courtesy of TheEdge Financial Daily

Objective

To provide unit holders with long-term capital growth by investing principally in Malaysian equities that are consistent with Shariah requirements.  The Fund will also seek to outperform the KLSI.

Financial Year End: December 31.
Distribution Policy: Annually, if any.


Investor Profile

Suitable for investors with:

  • an investment time horizon of at least 3 to 5 years;
  • a moderate risk profile with tolerance for short-term periods of volatility;
  • a preference for Shariah approved investments.

Strategy

In order to achieve long-term capital growth, the majority of the Fund's assets will be invested in equities. Cash (as may be permitted) may be strategically used and increased if the investment manager feels that the downside risk on the market is high in the short to medium term.

Asset Allocation:

  • Shariah-compliant Equities: 80% - 95%
  • Cash: 5% - 20%


Fund Information

Fees & Charges
Sales Charge 5.0%
Redemption FeeNone
Switching FeeRM100 / 1% (Whichever is lower.)
Free Switches Yearly2
Annual Management Fee1.5%
Management Expense Ratio (MER)1.97%
Transactions (Minimum)
InvestmentInitial: RM1,000
Additional: RM100
Regular InvestmentInitial: RM100
Additional: RM100
Account Balance 100 units
Switching None

 
Fund Documents
Prospectus Master Prospectus (Cover)Master Prospectus (Contents)Master Prospectus (Forms)

 

Fund Performance

Fund Performance as at 2014-08-29
1 Month Return
6 Month Return 0.0243981782693 %
1 Year Return 9.44118170493 %
3 Year Return 45.8803649524 %
5 Year Return 122.303343938 %
As published in the The Edge-Lipper Fund Performance Ranking Tables

 

Related Funds

Compare Kenanga Syariah Growth with:

CategoryCompany
Equity Malaysia (Islamic)
Funds:
Kenanga Investors Bhd 1
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