Kenanga Investors Bhd sweeps Best Equity Group (Islamic) again
kenanga

Kenanga Investors Berhad (“Kenanga Investors”) continued its successful run this year at The Lipper Fund Awards 2018.

For the second consecutive year, Kenanga Investors was named Best Equity Group (Islamic) and Kenanga Syariah Growth Fund (“KSGF”) also bagged the Best Equity Malaysia (Islamic) title for the 10 years category, while Kenanga Malaysian Inc Fund (“KMIF”) won the Best Equity Malaysia (Provident) for the three-year category.

According to Ismitz Matthew De Alwis, Executive Director and Chief Executive Officer of Kenanga Investors, “This marks yet another great achievement for Kenanga Investors. Our recognition is a clear substantiation of our commitment to deliver a consistent and strong investment performance over the long term in line with our client centric strategy. We are confident in our research and stock-picking capabilities even during down times because of the investment beliefs shared by every team member. This honour encourages us to continue our successful approach in delivering attractive risk-adjusted returns. Winning the Best Equity Group award clearly demonstrates our consistency across our funds.

As at end 2017, KMIF delivered returns of 50.83%* (3 years) while KSGF delivered returns of 136.11%* (10 years) to clinch the awards in the respective category. Both funds have outperformed their benchmarks, with KSGF being ranked no.1 for the 10-year category in Equity Malaysia.

One of the biggest challenges faced last year was managing the increased volatility associated with various event risks; however, it was managed through investing in a diversified portfolio of companies with sustainable business models which traded at a discount to their intrinsic value.

For the rest of 2018, De Alwis advised investors to expect volatility to persist in the second quarter of this year. However, it is believed that the current market weakness presents an opportunity to position for a stronger 2H as the General Elections conclude, bringing back local and foreign investors’ confidence into our market. Investors are urged to look beyond the temporary slowdown and focus on long-term outlook of their investments.

“We are looking to expand to offer more Shariah-compliant investment offerings in line with the Government’s efforts to create a sustainable Islamic finance framework and ecosystem. This bodes well for our Islamic fund and wealth management blueprint as well as the increased investors’ interest in Islamic finance, added De Alwis.”

Kenanga Investors Berhad (“Kenanga Investors”) continued its successful run this year at The Lipper Fund Awards 2018.

For the second consecutive year, Kenanga Investors was named Best Equity Group (Islamic) and Kenanga Syariah Growth Fund (“KSGF”) also bagged the Best Equity Malaysia (Islamic) title for the 10 years category, while Kenanga Malaysian Inc Fund (“KMIF”) won the Best Equity Malaysia (Provident) for the three-year category.

According to Ismitz Matthew De Alwis, Executive Director and Chief Executive Officer of Kenanga Investors, “This marks yet another great achievement for Kenanga Investors. Our recognition is a clear substantiation of our commitment to deliver a consistent and strong investment performance over the long term in line with our client centric strategy. We are confident in our research and stock-picking capabilities even during down times because of the investment beliefs shared by every team member. This honour encourages us to continue our successful approach in delivering attractive risk-adjusted returns. Winning the Best Equity Group award clearly demonstrates our consistency across our funds.

As at end 2017, KMIF delivered returns of 50.83%* (3 years) while KSGF delivered returns of 136.11%* (10 years) to clinch the awards in the respective category. Both funds have outperformed their benchmarks, with KSGF being ranked no.1 for the 10-year category in Equity Malaysia.

One of the biggest challenges faced last year was managing the increased volatility associated with various event risks; however, it was managed through investing in a diversified portfolio of companies with sustainable business models which traded at a discount to their intrinsic value.

For the rest of 2018, De Alwis advised investors to expect volatility to persist in the second quarter of this year. However, it is believed that the current market weakness presents an opportunity to position for a stronger 2H as the General Elections conclude, bringing back local and foreign investors’ confidence into our market. Investors are urged to look beyond the temporary slowdown and focus on long-term outlook of their investments.

“We are looking to expand to offer more Shariah-compliant investment offerings in line with the Government’s efforts to create a sustainable Islamic finance framework and ecosystem. This bodes well for our Islamic fund and wealth management blueprint as well as the increased investors’ interest in Islamic finance, added De Alwis.”

The Lipper Malaysia Fund Award is a prominent yearly event organised to honour top-performing unit trust funds in the country.