Hashtag
.


DSCF1962_Selected.jpg
From left to right;
Dennis Tan Yik Kuan, Managing Director of iFAST Capital Sdn Bhd.
Lee Sook Yee, Chief Investment Officer of Kenanga Investors Berhad

This marks KGFS2 and KSGOF's second consecutive wins in their respective categories. This achievement serves as a testament to the firm's unwavering commitment to delivering outstanding investment solutions and solidifies its prominent position as a leader in the field.

The firm adopts both a top-down and bottom-up research in portfolio construction. "After deciding on the asset allocation including invested and cash levels, the portfolio is constructed based on sector and stock selection. High conviction stocks are given higher allocation in the portfolio unless there is a liquidity constraint", says Executive Director and Chief Executive Officer, Datuk Wira Ismitz Matthew De Alwis. He explains that during periods of higher volatilities, the investment team may tactically scale back equity exposure to stay defensive.

"As we navigate the current market conditions, characterised by potential volatility and the Federal Reserve's focus on combating inflation, our investment strategy remains prudent," commented Datuk Wira De Alwis. "We will adopt a balanced approach with regard to market and sector positioning. While domestic fundamentals and valuation remain supportive, the market might still be affected by global risk events. Sector-wise, we continue to favour the consumer and industrials sector. We have also observed trading opportunities in the oil & gas sector while we adopt a buy on weakness stance for the tech sector as the key beneficiary of long-term growth trends".

The KSGOF fund has achieved impressive returns of 154.46% since inception, outperforming its benchmark of 71.71%. Similarly, the KGFS2 fund has demonstrated sustainable performance, delivering returns of 49.53% against a benchmark of 46.06% since inception while KSOGF has shown commendable returns of 9.90% compared to a benchmark of 4.95% since inception, illustrating its ability to generate consistent growth over the long term.

Datuk Wira De Alwis explains that the firm remains committed to offering investors a wide range of diversification options, as evidenced by the latest addition to its product line-up, the Kenanga US Dollar Fund. "The Fund aims to cater to investors seeking a regular stream of income, specifically targeting those with a medium to short-term investment horizon by investing in The U.S. Dollar Fund, providing investors with exposure to the U.S. dollar and its potential returns. The Fund's performance will be benchmarked against the Maybank USD Overnight Deposit Rate and has an initial investment amount of USD50,000".

The FSMOne Recommended Unit Trust Awards honours the unit trusts that make it to the Recommended Unit Trust list of the year. Each fund is evaluated based on performance, risk and other factors such as consistency in the fund manager's investment approach, the departure of key personnel as well as the stability of the management team.

For more information about Kenanga Investors, please visit www.kenangainvestors.com.my.

*Source of investment performance: Lipper, 30 April 2023

Hashtag: #Kenanga

The issuer is solely responsible for the content of this announcement.

Kenanga Investors Berhad 199501024358 (353563-P)

We provide investment solutions ranging from collective investment schemes, portfolio management services, and alternative investments for retail, corporate, institutional, and high net worth clients via a multi-distribution network.

The Hong Kong-based Asia Asset Management's 2023 Best of the Best Awards awarded KIB under the following categories, Malaysia Best Impact Investing Manager, Malaysia Best Equity Manager, Malaysia CEO of the Year, Malaysia Best House for Alternatives and Malaysia Most Improved Fund House.

At the Refinitiv Lipper Fund Awards Malaysia 2023, KIB won overall best Mixed Assets - Malaysia Pension Funds Group award for the fourth time. Accompanying this were individual fund wins awarded to:

  • Kenanga Malaysian Inc Fund ("KMIF") for best Equity Malaysia Diversified – Malaysia Provident Funds over 10 Years
  • Kenanga Managed Growth Fund ("KMGF") for best Mixed Asset MYR Flexible - Malaysia Provident Funds over 3 Years
  • Kenanga Managed Growth Fund ("KMGF") for best Mixed Asset MYR Flexible - Malaysia Provident Funds over 5 Years
  • Kenanga Managed Growth Fund ("KMGF") for best Mixed Asset MYR Flexible - Malaysia Provident Funds over 10 Years

The Asset Benchmark Research has ranked KIB as Highly Commended on its list of 'Top Investment Houses' in the Asian Local Currency Bond Awards for Asset Managers.

At the United Nations Global Compact Network Malaysia & Brunei ("UNGCMYB") Sustainability Performance Awards 2022, we received the "Sustainable Products" award for our launch of sustainable products, which cover the Kenanga Sustainability Series – a suite of multi-asset class products rooted in sustainability considerations to advance long-term financial growth for investors and to generate social and financial value for surrounding communities. The award also recognised the first SRI-qualified high yield bond fund in Malaysia, the Kenanga Sustainability Series: High Yield Bond Fund.

The FSMOne Recommended Unit Trusts Awards 2023/2024 named Kenanga Growth Fund Series 2 as "Sector Equity – Malaysia Focused", Kenanga Shariah Growth Opportunities Fund as "Sector Equity - Malaysia Small to Medium Companies (Islamic)" and Kenanga Shariah OnePRS Growth Fund as "Private Retirement Scheme – Growth (Islamic)".

For the sixth consecutive year, KIB was affirmed an investment manager rating of IMR-2 by Malaysian Rating Corporation Berhad, since first rated in 2017. The IMR rating on KIB reflects the fund management company's well-established investment processes and sound risk management practices. During the first half of 2021, KIB's 20 largest unit trust funds outperformed its benchmarks for the one-year, three-year and five-year periods

Disclaimer: Investors are advised to read and understand the Master Prospectuses ("MPs"), the Supplemental Master Prospectus ("SMP") (if any), Information Memorandums ("IM") (if any), Product Highlights Sheets ("PHS") as well as consider the fees, charges and risk factors involved before investing. The MP, SMP (if any), IM (if any) and PHS have been registered and/or lodged with the Securities Commission Malaysia ("SC"), who takes no responsibility for its contents and related advertisement or marketing materials, does not indicate that the SC has recommended or endorsed the product/service. The advertisement has not been reviewed by the SC. Investors have the right to request for a copy of PHS and other relevant product disclosure documents which are available at our office, at any authorised distributors and our corporate website before making investment decisions. If you are in doubt when considering the investment or any of the information provided, you are advised to consult a professional adviser. A Fund's track record does not guarantee its future performance. Kenanga Investors Berhad is committed to prevent conflict of interest between its various businesses and activities and between its clients/director/shareholders and employees by having in place procedures and measures for identifying and properly managing any apparent, potential and perceived conflict of interest by making disclosures to Clients, where appropriate. Kenanga Investors Berhad 199501024358.



Traffic Control Companies in Sydney: Ensuring Public and Worker Safety in Construction Zones

The safe operations of construction sites call for the participation of Sydney traffic control firms since it plays a role as essential as any other in the operation. The roles...

Asia Pacific cities demonstrate continued resilience in a world of risk finds Kearney

Five APAC cities dominate the top 10 spots in Kearney’s Global Cities Index, with Singapore and Shanghai entering the top five and top 10 lists respectively Kea...

Populis Digital Celebrates 5th Anniversary with Employee Wellbeing Program Upgrade and Team Building Trip to Cebu

HONG KONG SAR - Media OutReach Newswire - 22 October 2024 - Populis Digital (Populis, or the "Company"), a leading Hong Kong-based digital marketing agency, is celebrating its 5t...

The Mills Fabrica Releases New Impact Report to Mark 5 Years of Catalyzing Environmental and Social Change

Having partnered with 100+ global brands, its second Impact Report highlights how the power of collaboration fosters impactful techstyle and agrifood innovations HONG KONG SAR - ...

Arla Foods Ingredients harnesses upcycling potential of acid whey

TAIPEI, TAIWAN - Media OutReach Newswire - 22 October 2024 - Arla Foods Ingredients is demonstrating how acid whey can be transformed into a valuable raw material for high-protei...

Indian Film Superstar Ram Charan’s Upcoming Figure at Madame Tussauds Singapore Announced at IIFA Awards

SINGAPORE - Media OutReach Newswire - 22 October 2024 - Award-winning actor and producer Ram Charan is set to join the prestigious line-up of superstars at Madame Tussauds Singa...

Cyberport Venture Capital Forum 2024: Gathering Visionaries Worldwide to Explore New Frontiers in Venture Capital

Taking Place on 24 - 25 October the Forum Brings Together Leading Venture Capitalists and Entrepreneurs to Discuss Global Venture Capital Trends and Challenges, and Explore the Fut...

IN THE NEWS

Enhance Your Home Office with Devil's Ivy: A Versatile and Low-Maintenance Indoor Plant

In the realm of indoor plants, few are as beloved and versatile as Devil's Ivy, also known as Pothos. W.

How to Make Best Use of Your Lunch Hour

Whatever kind of job you do, to fulfill your potential and be good at it, you need to be productive thr.

Nestlé Professional Singapore Celebrates 20th anniversary of International Chefs Day with Global Che…

Organised in collaboration with Singapore Chefs’ Association, this internationally celebrated event also .

Asia expects insolvency rise as China’s economy slows

HONG KONG SAR - Media OutReach Newswire - 23 October 2024 - A rising level of insolvency risk has emerge.

J-Pop Royalty Number_i Announce Release of First Full Album "No.Ⅰ"

TOKYO, JAPAN - Media OutReach Newswire - 20 August 2024 - The musical phenomenon continues to sweep Japa.

Eq8 Capital Rebrands with Greater Accessibility to Its Exchanged Traded Fund

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 15 May 2024 - Eq8 Capital Sdn Bhd ("Eq8"), (formerly.

Health & Wellness

Understanding the Environmental and Health Impacts of Waste Disposal: Essential Insights

Hashtag.net.au - avatar Hashtag.net.au

🌎♻️Explore the health & environmental impacts of waste disposal. Dive into essential insights💡for a sustainable future! #WasteManagement #Health🌿🌍 Waste disposal is an inevitable aspect of mode...

The Role of a Child Psychologist: Helping Kids Navigate Emotional Challenges

Hashtag.net.au - avatar Hashtag.net.au

Child psychologists play an important role in aiding children to overcome behavioral and emotional challenges. The experts will easily identify the developmental stage and emotional needs of the chi...

Therapy as a Preventative Measure: Maintaining Mental Health Before a Crisis

Hashtag.net.au - avatar Hashtag.net.au

In recent years, the conversation around mental health has shifted significantly. No longer seen solely as a response to crises, therapy is now increasingly recognised as a proactive measure for mai...

What Are Sleep-Wake Disorders? A Comprehensive Overview

Hashtag.net.au - avatar Hashtag.net.au

In our fast-paced world, the importance of a good night’s sleep cannot be overstated – sleep is essential not only for physical rejuvenation but also for mental and emotional wellbeing. However, for...

Tomorrow Business Growth