Datuk
Wira
Ismitz
Matthew
De
Alwis,
Executive
Director
and
Chief
Executive
Officer
of
Kenanga
Investors
Berhad
Datuk
Wira
Ismitz
Matthew
De
Alwis,
Executive
Director
and
Chief
Executive
Officer
said,
“We
are
pleased
that
the
Kenanga
SyariahEXTRA
Fund
has
received
its
second
Lipper
recognition
in
a
year
for
its
impressive
performance.
Shariah-compliant
funds
have
seen
increased
interest,
partly
due
to
inclination
toward
defensive
sectors
like
healthcare,
telecommunications,
and
utilities,
which
tend
to
be
more
resilient
during
market
downturns,
making
them
attractive
to
both
Muslim
and
non-Muslim
investors
seeking
resilience
amid
market
uncertainty.
The
Fund
exemplifies
our
commitment
to
investing
for
good,
blending
Shariah
principles
with
the
benefits
of
impact
investing.
By
focusing
on
sectors
that
align
with
both
ethical
values
and
long-term
sustainability,
we
strive
to
deliver
strong
returns
for
our
investors
while
contributing
to
meaningful,
positive
outcomes.
As at 31st March 2025, the KSEF delivered returns of 46.30%* (5-years), 62.85%* (10-years), 220.02%* (since inception). Launched in 1996, KSEF aims to provide investors with medium to long-term capital appreciation through investments in specified asset classes by adopting a balanced approach towards equities and fixed income exposure based on Shariah principles.
Lee Sook Yee, the Chief Investment Officer of Kenanga Investors explained, “The KSEF’s outperformance is mainly attributed to Shariah-compliant stock, sukuk selection and asset allocation. The team continued the strategy of identifying key sectors or groups of Shariah-compliant securities that we believe would perform well under an anticipated economic condition. Individual Shariah-compliant securities selection will then focus on well-managed, financially sound companies with attractive relative valuations and a potential for high earnings growth over the medium to long term time frame. We believe in staying consistent with our investment philosophy so that we may manage our portfolios effectively to capitalise on market opportunities, even with volatility”.
The firm recently saw its innovative efforts within the Shariah investing landscape recognised at the Bursa Excellence Awards 2024 which awarded its exchange-traded funds’ arm, Eq8 Capital Sdn Bhd with the Special Award – Thought Leadership for launching Eq8 FTSE Malaysia Enhanced Dividend Waqf ETF, the world’s first Waqf-featured Exchange Traded Fund. The Waqf ETF aims to distribute income annually with half of the income distribution to be allocated as Waqf assets with the remaining half payable to unitholders.
The Global Islamic LSEG Lipper Fund Awards celebrate funds and fund management firms that have delivered consistently strong risk-adjusted performance relative to peers.
For more information about Kenanga Investors, please visit www.kenangainvestors.com.my.
*Source: Lipper Investment Analytics, 31 March 2025.
https://kenangainvestors.com.my
Hashtag: #Kenanga
The issuer is solely responsible for the content of this announcement.
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