The Fund seeks regular income that complies with Shariah requirements with capital stability, with low risk tolerance and short to medium-term investment horizon. The Fund will invest in Islamic money market instruments and government or government-backed sukuk. The Fund will be actively managed to provide liquidity to meet the short term cash flow requirements. Up to 100% of its NAV will be invested in Islamic money market instruments, Islamic debentures and Islamic deposits.
Kenanga Islamic Money Market
Latest Price NAV
USD
0.11
as of
13/Sep/23
Objective
Key Facts
Launch Date :
9/Nov/07
Asset Type :
Money MarketBase Currency :
Malaysian RinggitTotal Net Asset (USD M) :
32.48
Benchmark :
Maybank Islamic Overnight Deposit Rate
Dividend Type :
Income
Income Distribution :
Paid
Total Expense Ratio % :
0.53
Geographical Focus :
Malaysia
Shariah Compliant
Shariah
Performance
3 Yrs Performance
-1.91
5 Yrs Performance
-0.34
10 Yrs Performance
-0.98
Top Holdings
1.
CIMB Islamic Bank Bhd
19.1
%
2.
Public Islamic Bank Bhd
18.6
%
3.
AmIslamic Bank Bhd
18.6
%
4.
Affin Islamic Bank Bhd
12.3
%
5.
Maybank Islamic Bhd
8
%
Portfolio Composition
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
0.5
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
N.A
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
N.A
Contact
Company Name:
Kenanga Investor
Website :
https://www.kenangainvestors.com.my/KIB/KIB.Application.Web/KIBfundsdefault/default.aspx