Read The Times Australia

Daily Bulletin

Kenanga Investors Launches Asia Pacific ex Japan Focused Fund

The Fund is a Shariah-compliant equity fund that invests in a diversified portfolio of Shariah-compliant equities and Shariah-compliant equity related securities of companies in the Asia Pacific (ex Japan) region ("APAC Region").

From left to right: Lee Sook Yee, Chief Investment Officer, Christopher Kok, Head, Equities and Ranjit Gill, Head, Product Development at the launch of the Kenanga Islamic Asia Pacific (ex Japan) Total Return Fund.
From left to right: Lee Sook Yee, Chief Investment Officer, Christopher Kok, Head, Equities and Ranjit Gill, Head, Product Development at the launch of the Kenanga Islamic Asia Pacific (ex Japan) Total Return Fund.

"Kenanga Investors is dedicated to offering our investors regional Shariah-compliant exposure, driven by robust demand from investors for a fund with an Asia Pacific focus viewed through a Shariah-compliant investing lens," said Executive Director and Chief Executive Officer, Datuk Wira Ismitz Matthew De Alwis.

The Fund offers investors a unique opportunity to tap into the APAC Region's potential for economic growth, spurred on by the region's increasing integration into the global economy and rising affluence as its young population is lifted out of poverty into a growing middle class, among other tailwinds.

"We have observed that many countries in the APAC Region are implementing economic reforms and welcoming foreign investments, further integrating and increasing their influence on the global economy. The region is also punching above its weight globally within the fields of renewable energy, battery storage, electric vehicles, semiconductors and various other drivers of the economy of the future. Additionally, with a population of over 4.5 billion that is relatively youthful, the APAC Region is also expected to enjoy a demographic dividend over the next decade further fuelling its growth. Indeed, growth in the APAC Region is expected to outpace global growth for the next few years. Given the convergence of these positives, I believe the Fund will provide significant investment opportunities for investors particularly in areas such as technology, consumer goods and services, industrials and healthcare" added Datuk Wira De Alwis.

He also highlighted the benefit of reducing exposure to any one country or region in today's investment climate. "Investing at a broad regional level carries the benefit of mitigating risk due of political, regulatory and economic uncertainties and improved overall portfolio performance. By investing in a range of countries in the region, investors can spread their risks of any one country's developments on their portfolios", he said.

The Fund utilises an absolute return strategy to provide capital appreciation over the long-term. "The Fund will be managed without benchmark constraints, which provides the flexibility to identify and implement the optimal investment strategy without single sector constraints. This includes bottom-up stock picking to select stocks with the greatest capital appreciation potential and controlled volatility," explained Chief Investment Officer Lee Sook Yee.

The Fund's investment process involves seeking out businesses with sustainable returns on Shariah-compliant equity (ROE), which are trading at a significant discount to their intrinsic value. "We believe ROE to be a suitable gauge of the success of a business as it provides common shareholders with a sustainable measure of how effectively their investment capital is being employed over a given period of time", added Lee.

The Fund is suitable for investors seeking long-term capital growth and are willing to accept Shariah-compliant equity risk to obtain potentially higher returns and wish to have Shariah-compliant investments in the APAC Region with a minimum initial investment amount of RM1,000.

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

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)".

This Press Release was issued by Kenanga Group's Marketing, Communications & Sustainability department.

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.

Business News

How Telematics Helps Australian Companies Improve Productivity

Operating a commercial fleet in Australia is a uniquely demanding endeavour. Between the sprawling urban sprawl of cities like Sydney and Melbourne and the immense, unforgiving stretches of the Outb...

Daily Bulletin - avatar Daily Bulletin

Inside the Icon: The BridgeMuseum Officially Opens at the Sydney Harbour Bridge

A bold new way to experience one of Australia’s most recognisable landmarks has arrived, with BridgeClimb Sydney officially opening the all-new BridgeMuseum.  Located inside the Sydney Harbour Brid...

Daily Bulletin - avatar Daily Bulletin

Is Your Brand Showing Up in AI Search? Most Melbourne Brands Aren't.

The New Front Door Nobody Told You About Something changed. Quietly. Without a press release. The way buyers find businesses in Australia has been rewired. Not replaced, rewired. Google isn't dead...

Daily Bulletin - avatar Daily Bulletin

How Australian Businesses Can Measure SEO ROI

SEO can feel vague when you are staring at a dashboard full of numbers that do not clearly connect to revenue. The key is to measure the right signals in the right order, then tie them back to outcome...

Daily Bulletin - avatar Daily Bulletin

How Commercial Roller Shutters Improve Site Security Without Slowing Operations

Security upgrades can be frustrating when they make everyday work harder. A door that takes too long to open, creates bottlenecks at shift change, or fails at the worst time can turn “better protectio...

Daily Bulletin - avatar Daily Bulletin

Why a Document Destruction Service Still Matters for Modern Businesses

Businesses generate large volumes of information every day, from staff records and contracts to invoices, reports and customer files. While attention often focuses on how documents are stored, the way...

Daily Bulletin - avatar Daily Bulletin

Bicycle Rack Safety and Space-Smart Storage

Bike storage problems usually show up as small annoyances first: tangled handlebars, scratched frames, and bikes that topple when you pull one out. Over time, those issues become safety risks, especia...

Daily Bulletin - avatar Daily Bulletin

How to Tell if a Childcare Centre Is a Good Fit for Your Child

Choosing childcare can feel like you’re making a huge decision with limited information. Tours are short, centres are often on their best behaviour, and your child might act differently in a new space...

Daily Bulletin - avatar Daily Bulletin

Car Import Timeline: What Usually Happens at Each Stage

Importing a car into Australia can feel confusing because multiple agencies and checkpoints are involved, and the timeline is shaped as much by paperwork quality as it is by shipping speed. The most u...

Daily Bulletin - avatar Daily Bulletin

The Daily Magazine

Gold Migration Lawyers in Liquidation: How the Closure Affects Your ART Appeal

If your appeal was with Gold Migration Lawyers, a recent change to how the Tribunal decides cases ...

The pressure cooker: life in urban Australia in 2026

Australian cities have always been demanding. Long commutes, rising housing costs, busy schedules a...

What Actually Makes a Good Criminal Lawyer in Melbourne

Most people only think about this question once. That is usually too late. Most people charged wi...

Why Working With A Chatswood Tutor Can Improve Academic Performance

Academic expectations continue increasing for students across primary school, high school, and senio...

Is It Worth Getting Solar Panels in Melbourne?

The real question is not whether solar works in Melbourne. It works. The question is what it is co...

How A Diploma Of Project Management Builds Practical Skills For Modern Work Environments

Developing the ability to plan, execute, and deliver outcomes efficiently is a key requirement in to...

How to Choose the Right Football for Every Level

Choosing a football may seem straightforward, but the right option depends on who will be using it a...

What to Ask a Wedding Photographer Before You Book

Booking a wedding photographer can feel deceptively simple: you like the photos, you like the vibe...

Why Stress Relief For Dogs Is Essential For Emotional Balance And Long-Term Wellbeing

Managing emotional health is just as important as physical care when it comes to pets, which is why ...