The Kenanga Growth Fund Series 2 by Kenanga Investors Berhad, aims to provide investors with long-term capital growth by investing principally in a diversified portfolio of Malaysian and foreign equities and equity-related securities of growth companies with sustainable business models.
The Fund’s tactical allocation strategy enables the portfolio to aim for growth during favourable market conditions as well as capital preservation during adverse conditions. It is measured against a benchmark of 8% growth per annum and has up to 30% in regional exposure as part of its asset allocation strategy.
Executive Director and CEO of Kenanga Investors, Ismitz Matthew De Alwis says, “We have experienced significant success with our flagship fund, Kenanga Growth Fund and we intend to replicate this with KGFS 2. To date, KGF’s fund size stands at RM1,395.68 million since its launch in 2000. Many investors have also been asking us about the potential of launching a new series and we are pleased to now present this to the public. KGFS 2 will be deeply rooted in Kenanga Investors’ investment style which is to apply a bottom-up stock picking approach by focusing on companies with strong fundamentals and proven track records.”
Chief Investment Officer Lee Sook Yee comments, “We look for sustainability of business models, earnings visibility and balance sheet strength when picking stocks. Aside from pursuing capital growth through investing in growth oriented companies both in Malaysia and overseas, the Fund aims to mitigate downside risk through a well-diversified portfolio that is not constrained by any benchmarking.”
The Fund will be available in both MYR and USD classes which offers options for investors to invest in their preferred currency. The minimum investment amount is RM1,000 for the MYR class or USD250 for the USD class and is available nationwide.