KENANGA INVESTORS BERHAD

CORPORATE INFORMATION

Kenanga Investors Berhad holds a Capital Markets and Services License for the regulated activities of fund management, unit trust, investment advice and dealing in Private Retirement Scheme (PRS). The company provides investment solutions to retail, corporate and institutional clients and is a wholly-owned subsidiary of Kenanga Investment Bank Berhad, the largest independent investment bank by equity trading value and volume in Malaysia.

For detail information on the PRS, please refer to the PRS Provider’s Disclosure Document & Product Highlights Sheet here 

SCHEME AND FUND INFORMATION

Default & Self Selection

OnePRS Scheme Scheme Trustee: Maybank Trustees Berhad (5004–P)

Please read the scheme’s disclosure document before deciding to make a contribution. If you do not have a copy, please contact the PRS Provider to ask for one or click here to go to the PRS Provider page.
Investment Objective The Fund seeks income^ whilst providing capital preservation*.
^ Income distribution (if any) will be reinvested into the Fund.
*The Fund is neither a capital guaranteed fund nor a capital protected fund.
Fund Category Core (Conservative)
Investment Strategy

The Fund seeks to achieve its objective by investing a minimum of 80% of the Fund’s NAV in fixed income instruments and money market instruments, of which 20% of the Fund’s NAV must be in money market instruments.
The Fund may also invest in equities, which are limited to a maximum of 20% of the Fund’s NAV.

The fixed income instruments invested by the Fund will have a minimum rating of “investment grade” (i.e. BBB3) as rated by RAM or equivalent rating by MARC.
The fixed income instruments may consist of Malaysian government securities, Cagamas bonds, Bank Negara Malaysia certificates, Malaysian treasury bills, government investment certificate and negotiable certificates of deposits and private debt securities.

The Fund will employ both top-down and bottom-up approach to evaluate its investments in equities and fixed income instruments.
In the top-down approach, the fund manager will evaluate the global growth and economic outlook in Malaysia.

In the bottom-up strategy, the fund manager will rely on fundamental research where the financial health, industry prospects, management quality and past track records of the companies are considered.

The trading of both the equities and fixed income instruments will be based on the market conditions and also the judgement of the fund manager and also guided by the internal policies of the PRS Provider and the investment committee of the PRS Provider.

However, at the launch of the Fund, the Kenanga OnePRS Conservative Fund aims to meet its objective and asset allocation by investing up to 80% of the Fund’s NAV in any one collective investment scheme(s) managed by the PRS Provider that is in line with the Fund’s asset allocation. Such investment shall be for a period of five (5) years from the launch of the Fund or upon the Fund reaching RM200 million NAV (whichever is earlier).

Asset Allocation Fixed Income Instruments and / or money market instruments: Minimum 80% of the Fund’s NAV in fixed income instruments and money market instruments (with minimum 20% of the Fund’s NAV in money market instruments).
Equities: Maximum 20% of the Fund’s NAV.
Cash or cash equivalent: Up to 5% of the Fund’s NAV.
Benchmark A composite of All MGS Index (80%) and FBM 100 (20%).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
• Seek capital preservation** of the invested capital; and/or
• Have low tolerance of investment risks.For Members under the default option who are 50 years old and above, their contributions will be allocated into this Fund.** The Fund is neither a capital guaranteed fund nor a capital protected fund.

Shariah OnePRS Scheme Trustee: CIMB Islamik Trustees Berhad (167913-M)

Please read the scheme’s disclosure document before deciding to make a contribution. If you do not have a copy, please contact the PRS Provider to ask for one or click here to go to the PRS Provider page.

Investment Objective The Fund seeks income^ whilst providing capital preservation*.

^ Income distribution (if any) will be reinvested into the Fund.

*The Fund is neither a capital guaranteed fund nor a capital protected fund.

Fund Category Core (Conservative)
Investment Strategy The Fund seeks to achieve its objective by investing a minimum of 80% of the Fund’s NAV in sukuk and Islamic money market instruments, of which 20% of the Fund’s NAV must be invested in Islamic money market instruments.

The Fund may also invest in Shariah compliant equities, which are limited to a maximum of 20% of the Fund’s NAV.

However, at the launch of the Fund, the Kenanga Shariah OnePRS Conservative Fund aims to meet its objective and asset allocation by investing a minimum of 80% of the Fund’s NAV in any one Shariah-compliant collective investment scheme(s) managed by the PRS Provider that is in line with the Fund’s asset allocation. Such investment shall be for a period of five (5) years from the launch of the Fund or upon the Fund reaching RM200 million NAV (whichever is earlier).

Asset Allocation Shariah-compliant equities Maximum 20% of the Fund’s NAV
Sukuk and Islamic money market instruments Minimum 80% of the Fund’s NAV (with minimum 20% of the Fund’s NAV in Islamic money market instruments)
Performance Benchmark A composite of Maybank 1-Month GIA rate (80%) and FBM EMAS Shariah Index (20%).

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

  • Seek capital preservation** of the invested capital;
  • Have low tolerance of investment risks; and
  • Seek to invest in a Shariah-compliant investment.

For Members under the default option who are 50 years old and above, their contributions will be allocated into this Fund.

** The Fund is neither a capital guaranteed fund nor a capital protected fund.

OnePRS Scheme Scheme Trustee: Maybank Trustees Berhad (5004–P)

Please read the scheme’s disclosure document before deciding to make a contribution. If you do not have a copy, please contact the PRS Provider to ask for one or click here to go to the PRS Provider page.

Investment Objective The Fund aims to achieve returns over the long-term through investments in equities and/or bonds.
Fund Category Core (Moderate)
Investment Strategy The Fund seeks to achieve its objective by investing a maximum of 60% of the Fund’s NAV in equities and at least 40% of the Fund’s NAV in fixed income instruments and / or money market instruments. The Fund will not invest outside of Malaysia.

The fixed income instruments invested by the Fund will have a minimum rating of “investment grade” (i.e. BBB3) as rated by RAM or equivalent rating by MARC.
The fixed income instruments may consist of Malaysian government securities, Cagamas bonds, Bank Negara Malaysia certificates, Malaysian treasury bills, government investment certificate and negotiable certificates of deposits and private debt securities.

The equities portion will consist of a mixture of both growth and dividend stocks.
The Fund will employ both top-down and bottom-up approach to evaluate its investments in equities and fixed income instruments.
In the top-down approach, the fund manager will evaluate the global growth and economic outlook of Malaysia.

In the bottom-up strategy, the fund manager will rely on fundamental research where the financial health, industry prospects, management quality and past track records of the companies are considered.

The trading of both the equities and fixed income instruments will be based on the market conditions and also the judgement of the fund manager and also guided by the internal policies of the PRS Provider and the investment committee of the PRS Provider.

However, at the launch of the Fund, the Kenanga OnePRS Moderate Fund aims to meet its objective and asset allocation by investing up to 95% of the Fund’s NAV in any one collective investment scheme(s) managed by the PRS Provider that is in line with the Fund’s asset allocation. Such investment shall be for a period of five (5) years from the launch of the Fund or upon the Fund reaching RM200 million NAV (whichever is earlier).

Asset Allocation Equities: Maximum 60% of the Fund’s NAV.
Fixed Income Instruments and / or money market instruments: At least 40% of the Fund’s NAV.
Cash or cash equivalent: Up to 5% of the Fund’s NAV.
Performance Benchmark A composite of All MGS Index (40%) and FBM100 (60%).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

  • Seek capital appreciation; and/or
  • Have low to moderate risk tolerance and can withstand short-term volatility.For Members under the default option who have attained the age of forty (40) years but are not yet fifty (50) years old, their contributions will be allocated into this Fund.

Shariah OnePRS Scheme Trustee: CIMB Islamik Trustees Berhad (167913-M)

Please read the scheme’s disclosure document before deciding to make a contribution. If you do not have a copy, please contact the PRS Provider to ask for one or click here to go to the PRS Provider page.

Investment Objective The Fund aims to provide income^ and capital growth over the long-term through investments in Shariah-compliant equities and sukuk.

^ Income distribution (if any) will be reinvested into the Fund.

Fund Category Core (Growth)
Investment Strategy The Fund seeks to achieve its objective by investing a maximum of 60% of the Fund’s NAV in Shariah-compliant equities and at least 40% of the Fund’s NAV in sukuk and Islamic money market instruments, which include foreign exposure in Asia Pacific ex-Japan. However, at the launch of the Fund, the Kenanga Shariah OnePRS Moderate Fund aims to meet its objective and asset allocation by investing up to 60% of the Fund’s NAV in any one Shariah compliant collective investment scheme(s) managed by the PRS Provider that is in line with the Fund’s asset allocation. Such investment shall be for a period of five (5) years from the launch of the Fund or upon the Fund reaching RM200 million NAV (whichever is earlier).
Asset Allocation Shariah-compliant equities Maximum 60% of the Fund’s NAV
Sukuk and Islamic money market instruments At least 40% of the Fund’s NAV
Performance Benchmark A composite of Maybank 1-Month GIA rate (40%), FBM EMAS Shariah Index (45%) and Dow Jones Islamic Market Asia Pacific ex-Japan Index (15%).

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

  • Seek capital appreciation;
  • Have low to moderate risk tolerance and can withstand short term volatility; and
  • Seek to invest in a Shariah-compliant investment.

For Members under the default option who have attained the age of forty (40) years but are not yet fifty (50) years old, their contributions will be allocated into this Fund.

OnePRS Scheme Scheme Trustee: Maybank Trustees Berhad (5004–P)

Please read the scheme’s disclosure document before deciding to make a contribution. If you do not have a copy, please contact the PRS Provider to ask for one or click here to go to the PRS Provider page.

Investment Objective The Fund seeks to provide capital growth.
Fund Category Core (Growth)
Investment Strategy The Fund seeks to achieve its objective by investing a maximum of 70% of the Fund’s NAV in equities and at least 30% of the Fund’s NAV in fixed income instruments and / or money market instruments. The Fund will not invest outside of Malaysia.

The fixed income instruments invested by the Fund will have a minimum rating of “investment grade” (i.e. BBB3) as rated by RAM or equivalent rating by MARC.
The fixed income instruments may consist of Malaysian government securities, Cagamas bonds, Bank Negara Malaysia certificates, Malaysian treasury bills, government investment certificate and negotiable certificates of deposits and private debt securities.

The equities portion will consist of a mixture of both growth and dividend stocks.
The Fund will employ both top-down and bottom-up approach to evaluate its investments in equities and fixed income instruments.

In the top-down approach, the fund manager will evaluate the global growth and economic outlook of Malaysia.

In the bottom-up strategy, the fund manager will rely on fundamental research where the financial health, industry prospects, management quality and past track records of the companies are considered.

The trading of both the equities and fixed income instruments will be based on the market conditions and also the judgement of the fund manager and also guided by the internal policies of the PRS Provider and the investment committee of the PRS Provider.

However, at the launch of the Fund, the Kenanga OnePRS Growth Fund aims to meet its objective and asset allocation by investing up to 70% of the Fund’s NAV in any one collective investment scheme(s) managed by the PRS Provider that is in line with the Fund’s asset allocation. Such investment shall be for a period of five (5) years from the launch of the Fund or upon the Fund reaching RM200 million NAV (whichever is earlier).

Asset Allocation Equities: Maximum 70% of the Fund’s NAV.
Fixed Income Instruments and / or money market instruments: At least 30% of the Fund’s NAV.
Cash or cash equivalent: Up to 5% of the Fund’s NAV
Performance Benchmark A composite of All MGS Index (30%) and FBM 100 (70%).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

  • Seek capital appreciation; and/or
  • Have moderate risk tolerance and can withstand short-term volatility.For Members under the default option who are below the age of 40 years, their contributions will be allocated into this Fund.

Shariah OnePRS Scheme Trustee: CIMB Islamik Trustees Berhad (167913-M)

Please read the scheme’s disclosure document before deciding to make a contribution. If you do not have a copy, please contact the PRS Provider to ask for one or click here to go to the PRS Provider page.

Investment Objective The Fund aims to provide capital growth over the long term through investments in Shariah compliant equities and sukuk.
Fund Category Core (Growth)
Investment Strategy The Fund seeks to achieve its objective by investing a maximum of 70% of the Fund’s NAV in Shariah-compliant equities and at least 30% of the Fund’s NAV in sukuk and Islamic money market instruments, which include foreign exposure in Asia Pacific ex-Japan. However, at the launch of the Fund, the Kenanga Shariah OnePRS Growth Fund aims to meet its objective and asset allocation by investing up to 70% of the Fund’s NAV in any one Shariah compliant collective Investment scheme(s) managed by the PRS Provider that is in line with the Fund’s asset allocation. Such investment shall be for a period of five (5) years from the launch of the Fund or upon the Fund reaching RM200 million NAV (whichever is earlier).
Asset Allocation Shariah-compliant equities Maximum 70% of the Fund’s NAV
Sukuk and Islamic money market instruments At least 30% of the Fund’s NAV
Performance Benchmark A composite of Maybank 1-Month GIA rate (30%), FBM EMAS Shariah Index
(50%) and Dow Jones Islamic Market Asia Pacific ex-Japan Index (20%).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

  • Seek capital appreciation;
  • Have moderate risk tolerance and can withstand short term volatility; and
  • Seek to invest in a Shariah-compliant investment.

For Members under the default option who are below the age of 40 years, their contributions will be allocated into this Fund.

Other Self Selection

Please read the scheme’s disclosure document before deciding to make a contribution. If you do not have a copy, please contact the PRS Provider to ask for one or click here to go to the PRS Provider page.

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 (Equity)
Investment Strategy The Fund seeks to achieve its objective by investing a minimum of 95% of the Fund’s NAV in the Target Fund that invests in Shariah-compliant equities.
Asset Allocation Asset Range in % of Fund’s NAV
Shariah-compliant equities Minimum 95% of the Fund’s NAV will be invested in the Target Fund.
Cash and/ or Islamic money market instruments Maximum 5% of the Fund’s NAV will be invested in cash and/ or Islamic money market instruments.
Performance Benchmark FTSE Bursa Malaysia Emas Shariah Index
Member Profile This Fund is suitable for members who

  • Seek capital appreciation;
  • Seek Shariah-compliant investments; and/or
  • Have moderate risk tolerance and can withstand short-term volatility.

CONTRIBUTIONS & WITHDRAWALS

There are fees and charges involved and you are advised to consider them before contributing to the scheme.

For all Funds
Minimum initial contribution • Lump sum: RM1,000 per Fund.
• Regular contribution plan: RM100 per Fund.
Minimum additional contribution RM100 per Fund.
Minimum withdrawal RM250 per Fund or 500 Units per Fund.

FEES & CHARGES

There are fees and charges involved and you are advised to consider them before contributing to the scheme.

Kenanga OnePRS Conservative Fund Kenanga OnePRS Moderate Fund Kenanga OnePRS Growth Fund Kenanga OnePRS Shariah Equity Fund
Sales charge (*) • Lump sum: Up to 1.50% of NAV per Unit of the Fund.
• Regular contribution plan: Nil.
Redemption charge Nil.
Switching fee (between funds in this Scheme) Nil.
Switching Fee (between funds in another PRS managed by KIB) Nil.
Transfer fee (to another PRS provider)(*) RM25 per transaction.
Annual management fee (*) 1.55% per annum of the Fund’s NAV. Up to 1.55% per annum of the Fund’s NAV.
Annual scheme trustee fee (*) 0.015% per annum of the Fund’s NAV or a minimum fee of RM60,000 per annum for the Scheme.
Annual PPA administration fee (*) 0.04% per annum of the Fund’s NAV.

Kenanga Shariah OnePRS Conservative Fund Kenanga Shariah OnePRS Moderate Fund Kenanga Shariah OnePRS Growth Fund
Sales charge (*) Up to 1.50% of NAV per Unit of the Fund.
Redemption charge Nil.
Switching fee (between funds in this Scheme) Nil.
Switching Fee (between funds in another PRS managed by KIB) Nil.
Transfer fee (to another PRS provider)(*) RM25 per transaction.
Annual management fee (*) 1.55% per annum of the Fund’s NAV.
Annual scheme trustee fee (*) 0.02% per annum of the Fund’s NAV or a minimum fee of RM6,000 per annum per Fund.
Annual PPA administration fee (*) 0.04% per annum of the Fund’s NAV.
(*) Effective 1 April 2015, Goods and Services Tax (GST) will be applicable to the fees stipulated above.

RISKS DISCLOSURE

You are advised to read the scheme’s disclosure document and understand the risks involved and, if necessary, consult your professional adviser before making contributions.

General Investment Risks

Capital and returns not guaranteed risk, Risks associated with default option, Legal and regulatory risk, Market risk, Inflation risk, PRS Provider risk and Risk of non-compliance.

Specific Risks of the Funds

Kenanga OnePRS Conservative Fund Kenanga OnePRS Moderate Fund Kenanga OnePRS Growth Fund Kenanga OnePRS Shariah Equity Fund
Interest Rate Risk checkmark checkmark checkmark checkmark
Liquidity Risk checkmark checkmark checkmark checkmark
Credit/ Default Risk checkmark checkmark checkmark checkmark
Stock-specific Risk checkmark checkmark checkmark checkmark
Derivatives Risk checkmark checkmark checkmark checkmark
Collective Investment Scheme Risk checkmark checkmark checkmark checkmark
Risk associated with investment in the Target Fund checkmark checkmark checkmark checkmark
Risk associated with investment in the Target Fund checkmark checkmark checkmark checkmark

Kenanga Shariah OnePRS Conservative Fund Kenanga Shariah OnePRS Moderate Fund Kenanga Shariah OnePRS Growth Fund
Interest Rate Risk checkmark checkmark checkmark
Liquidity Risk checkmark checkmark checkmark
Default and Counterparty Risk checkmark checkmark checkmark
Stock-specific Risk checkmark checkmark checkmark
Collective Investment Scheme Risk checkmark checkmark checkmark
Currency Risk checkmark checkmark checkmark
Reclassification of Shariah Status Risk checkmark checkmark checkmark

OTHERS

The Fund Investment Performance information is provided by Morningstar. Click here to access the Morningstar webpage.

For more information about Morningstar, go to About Morningstar.

Kenanga Investors Berhad

Kuala Lumpur
Level 13, Kenanga Tower
237, Jalan Tun Razak,
50400 Kuala LumpurToll Free: 1-800-88 1777
Fax: +603 2172 3133
Email: OnePRS@kenanga.com.my
Melaka
No. 25-1 Jalan Kota Laksamana 2/17
Taman Kota Laksamana Seksyen 2
75200 Melaka
Tel: 06-281 8913 Fax: 06-281 4286
Email: OnePRS@kenanga.com.my
Petaling Jaya
44B, Jalan SS21/35,
Damansara Utama,
47400 Petaling Jaya,
Selangor.
Tel: 03-7710 8828 Fax: 03-7710 8830
Email: OnePRS@kenanga.com.my
Penang
5.04., 5th Floor, Menara Boustead Penang,
39, Jalan Sultan Ahmad Shah
10050 Penang
Tel: 04-210 6628 Fax: 04-210 6644
Email: OnePRS@kenanga.com.my
Kota Kinabalu
A-03-11, 3rd Floor
Block A Warisan Square, Jalan Tun Fuad Stephens
88000 Kota Kinabalu, Sabah
Tel: 088-447 089, 448 106 Fax: 088-447 039
Email: OnePRS@kenanga.com.my
Johor Bahru
Lot 11.03, 11th Floor, Menara MSC Cyberport
5 Jalan Bukit Meldrum
80300 Johor Bahru , Johor
Tel: 07-223 7505 / 4798 Fax: 07-223 4802
Email: OnePRS@kenanga.com.my
Kuching
1st Floor, No 71,
Lot 10900, Jalan Tun Jugah
93350 Kuching, Sarawak
Tel: 082-572 228 Fax: 082-572 229
Email: OnePRS@kenanga.com.my
Ipoh
Suite 1, 2nd Floor
63 Persiaran Greenhill
30450 Ipoh , Perak Darul Ridzuan
Tel: 05-254 7573 / 7570 Fax: 05-254 7606
Email: OnePRS@kenanga.com.my
Klang
No. 12 Jalan Batai Laut 3, Taman Intan
41300 Klang, Selangor Darul Ehsan
Tel:03-3341 8818, 3348 7889 Fax:03-3341 8816
Email: OnePRS@kenanga.com.my
Miri
2nd Floor, Lot 1264,
Centre Point Commercial Centre,
Jalan Melayu,
98000 Miri, Sarawak
Tel: 085-416 866 Fax: 085416 866
Email: OnePRS@kenanga.com.my
Seremban
2nd Floor, No. 1D-2
Jalan Tuanku Munawir
70000 Seremban
Tel: 06-761 5678 Fax: 06-761 2243
Email: OnePRS@kenanga.com.my
Kuantan
Ground Floor Shop
No. B8, Jalan Tun Ismail 1
25000 Kuantan, Pahang
Tel : 09-514 3688 Fax : 09-514 3838
Email: OnePRS@kenanga.com.my