The Fund aims to achieve steady capital growth and income distribution (if any) over the medium to long-term period by investing in a diversified portfolio in accordance with Shariah requirements. The Fund seeks to maximise total returns by providing investors with a combination of capital appreciation and income distribution, if any, while reducing risk through diversified investments a maximum of 60% of the fund’s NAV in Shariah-compliant equities and a maximum of 40% of the fund’s NAV in sukuk.
Kenanga Islamic Balanced
Latest Price NAV
USD
0.08
as of
13/Sep/23
Objective
Key Facts
Launch Date :
6/Dec/04
Asset Type :
Mixed AssetsBase Currency :
Malaysian RinggitTotal Net Asset (USD M) :
4.16
Benchmark :
Blend FTSE BM Emas Shariah/Mbk 12 M GIA (60:40)
Dividend Type :
Income
Income Distribution :
Paid
Total Expense Ratio % :
1.67
Geographical Focus :
Malaysia
Shariah Compliant
Shariah
Performance
3 Yrs Performance
-5.59
5 Yrs Performance
0.42
10 Yrs Performance
-0.98
Top Holdings
1.
Greatech Technology Bhd
2.9
%
2.
IHH Healthcare Bhd
2.7
%
3.
Telekom Malaysia Bhd
2.2
%
4.
Uchi Technologies Bhd
2.2
%
5.
Matrix Concepts Holdings Bhd
2.1
%
Portfolio Composition
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
1.5
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
5.5
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