| Investment Objective |
The Fund seeks to provide capital growth by investing in the Target Fund.
Any material changes to the investment objective of the Fund would require Members’ approval.
|
|
| Fund Category | Feeder Fund (Shariah-compliant Equity) | |
| Investment Strategy |
The Fund seeks to achieve its objective by investing a minimum of 85% of the Fund’s NAV in the Target Fund (Kenanga Syariah Growth Fund) that invests in Shariah compliant equities. | |
| Asset Allocation |
Shariah-compliant equities | Minimum 85% of the Fund’s NAV will be invested in the Target Fund. |
| Sukuk and Islamic money market instruments | Maximum 15% of the Fund’s NAV will be invested in Islamic liquid asset and/or Islamic money market instruments. | |
| Performance Benchmark |
FTSE Bursa Malaysia Emas Shariah Index.
Information on FTSE Bursa Malaysia Emas Shariah Index can be obtained from www.bursamalaysia.com. Members may also obtain information on the Performance benchmark from the PRS Provider.
Please note that the risk profile of the Fund is not the same as the risk profile of the
performance benchmark.
|
|
| Member Profile |
This Fund is suitable for Members who
|
|
| Risks Disclosure |
Risk associated with investment in the Target Fund, Concentration risk | |