The Fund aims to primarily provide income distribution as well as achieve capital growth by investing in a diversified portfolio in accordance with Shariah requirements, and channel a portion of the income distribution of the Fund for waqf purposes. The investments of the Fund in Shariah-compliant equities shall not exceed 60% of its NAV and investments in sukuk with a minimum credit rating BBB3 or P2 by RAM or an equivalent rating by MARC shall not exceed 40% of its NAV with up to 5% in unrated sukuk. The remainder of the Fund’s NAV will be invested in Islamic money market instruments and placed in Islamic deposits. The Fund may also invest up to 20% of its NAV in foreign markets.
Kenanga Waqf Al-Ihsan
Latest Price NAV
USD
0.10
as of
13/Sep/23
Objective
Key Facts
Launch Date :
13/Apr/21
Asset Type :
Mixed AssetsBase Currency :
Malaysian RinggitTotal Net Asset (USD M) :
1.00
Benchmark :
Blend FTSE BM EMAS Shar/Mbk 12M Islam FD (60:40)
Dividend Type :
N.A
Income Distribution :
Paid
Total Expense Ratio % :
0.54
Geographical Focus :
Malaysia
Shariah Compliant
Shariah
Performance
3 Yrs Performance
N.A
5 Yrs Performance
N.A
10 Yrs Performance
N.A
Top Holdings
1.
Kenanga Syariah Growth Fund
18
%
2.
Kenanga Dana Safa
18
%
3.
Kenanga Shariah Growth Opportunities Fund
15
%
4.
Kenanga Asnitabond Fund
15
%
5.
Kenanga Ekuiti Islam Fund
15
%
Portfolio Composition
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
1.5
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
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