Modern Australian
Men's Weekly

.

Kenanga Investors Wins Best Mixed Assets – Malaysia Provident Fund Group At 2023 Refinitiv Lipper Fund Awards

KUALA LUMPUR, MALAYSIA - Media OutReach - 16 March 2023 - Kenanga Investors Berhad ("Kenanga Investors") received five awards at the Refinitiv Lipper Fund Awards 2023 ("Awards"). The firm was recognized for its exceptional performance and was awarded best Mixed Assets - Malaysia Pension Funds Group for the fourth consecutive time

From left to right: Felicia Tai, Head of Fixed Income & Credit, Investment, Kenanga Islamic Investors BerhadBrandon Ong, Portfolio Manager, Investment, Kenanga Investors BerhadDatuk Wira Ismitz Matthew De Alwis, Executive Director & CEO, Kenanga Investors BerhadChristopher Kok, Head of Equities, Investment, Kenanga Investors Berhad
From left to right:

  • Felicia Tai, Head of Fixed Income & Credit, Investment, Kenanga Islamic Investors Berhad
  • Brandon Ong, Portfolio Manager, Investment, Kenanga Investors Berhad
  • Datuk Wira Ismitz Matthew De Alwis, Executive Director & CEO, Kenanga Investors Berhad
  • Christopher Kok, Head of Equities, Investment, Kenanga Investors Berhad

Accompanying this were individual fund wins for:
  • 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

"These awards demonstrate the firm's capabilities despite the backdrop of reduced trading activities and prolonged turmoil due to a degree of volatility over the last two years.

We attribute this success to the application of our stock picking strategy over the long term; it involves a comprehensive research process from understanding industry dynamics to individual company business models and drivers of return on equity. Some of the key areas include management quality, the sustainability of the business model, industry dynamics and balance sheet strength. By consistently applying this strategy, our funds have outperformed throughout the last 3, 5 and 10 years", says Datuk Wira Ismitz Matthew De Alwis, Executive Director and Chief Executive Officer.

KMGF pulled ahead to pick up its first major award since its inception in 2004. As at 31 December 2022, the Fund has returned 232.38% since inception, thus achieving its investment objective of achieving long-term capital growth through diversified investments in equities and bonds. "On the equity front, the fund increased its exposure into large capitalisation stocks such as financials as well as quality small capitalisation stocks and reopening names. On fixed income, the fund remained overweight on corporate bond as yields are attractive relative to Government and quasi-Government bonds", he explains.

A return winner, KMIF swept its third title at the awards by delivering returns of 116.13% (10 years), 22.52% (5 years) and 23.38% (3 years) as at 31 December 2022. KMIF aims to provide consistent annual returns and medium to long-term capital appreciation by investing in Malaysian securities with a global reach

On the firm's ESG roadmap thus far, he shares "Following the integration of ESG screening assessments into our investment process in 2021, we expanded upon our ESG framework to cover the fixed income asset class. where an in-house ESG assessment and scoring was developed to perform positive screening for bonds/sukuk. On the equity front meanwhile, we established a more comprehensive sector/industry focused assessments for sectors with high ESG risks such as palm oil, oil & gas, banking & finance, power and mining. We also added to our suite of Kenanga Sustainability Series products with the launch of Kenanga Sustainability Series: High Yield Bond Fund, Kenanga Sustainability Series: World Quality ESG Fund and the Kenanga Sustainability Series: Emergency Waqf Musa'adah Fund".

Moving forward Datuk Wira De Alwis says that the firm will adopt a more balanced strategy to continue delivering outperformance. "The team will focus on selecting companies with strong fundamentals and cash flow generation abilities. Sector wise, we prefer domestic demand beneficiaries such as consumer and financials. For structural growth themes such as technology, we are buyers on market weakness for its longer-term growth potential".

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

Hashtag: #Kenanga

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

About 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.

The Kenanga Growth Fund Series 2 won Best Malaysia Large-Cap Equity Fund at the 2022 Morningstar Awards Malaysia.

At the Refinitiv Lipper Fund Awards Malaysia 2022, KIB won overall best Mixed Assets - Malaysia Pension Funds Group award for the third 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.
Additionally, the FSMOne Recommended Unit Trusts Awards 2022/2023 named Kenanga Growth Fund Series 2 as "Sector Equity – Malaysia Focused" and Kenanga Shariah Growth Opportunities Fund as "Sector Equity - Malaysia Small to Medium Companies (Islamic)".

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.

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

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

Refurbished iPads Are Better Than New Ones (Here's Why)

Image by rawpixel.com on Freepik Apple's refurbished iPad program has quietly become one of the best deals in tech. While everyone obsesses over the ...

Your Guide to Finding the Right GP: What Perth City Doctors Offer Today

Choosing a General Practitioner (GP) is one of the most important health decisions you’ll make. Luckily, Perth’s vibrant CBD now hosts a new ge...

Why Every Mining Operation Needs a Robust Safety Management System

Mining is one of the backbones of the Australian economy, particularly in Western Australia. Back in 2019-20, mining contributed 10.4% of Australiaâ...

Australian Classic Literature Enjoys Resurgence

Welcome back to the good old days of storytelling! As the modern world becomes increasingly more demanding, returning to childhood favourites offers...

Building a Governance Model for Headless Content Management at Scale

Image by pch.vector on Freepik There's never been a better time to implement a headless content management system (CMS) to gain the flexibility and ...

Understanding Trade Insurance: Essential Protection for Businesses

Image by Drazen Zigic on Freepik In the current economic environment, trade insurance is an important element for companies trading both locally an...

Choosing the Right Timber for External Cladding

Timber cladding is one of those finishes that pulls double duty: it makes a building look warm and welcoming, and it quietly shields the frame from ...

Top Services Offered by Diesel Mechanics in Brisbane

Keeping a diesel vehicle running at its best takes more than the occasional oil change. When you invest in regular specialist care, you protect the ...

Top 5 Benefits of Hiring Professional House Removalists

Moving day should feel like the start of a new adventure, not the end of your patience. Yet once the settlement papers are signed and the champagne ...

Navigating the Digital Landscape: Managed IT Solutions and IT Services in Townsville

As technology advances at an unprecedented pace, companies must adapt to embrace the transformation ahead. With an evolving technology landscape, mana...

Types of Catering You Should Consider for Your Next Event

Choosing the right type of catering service can elevate your event from ordinary to unforgettable. Whether it’s an elegant wedding, corporate func...

Understanding the Benefits of Split System Installation for Your Home

Climate control is essential to maintaining comfort in your home, especially during the extreme temperatures that many regions face. Whether you’r...

Best Aluminium Window Sliding Designs for Natural Light and Airflow

Bringing natural light and airflow into a space is one of the most efficient ways to create a healthy and comfortable home. In Sydney and across Aus...

Maximising Operational Efficiency: Electric Winch Hire Australia and Hydraulic Power Pack Hire Solutions

Image by jcomp on Freepik From urban construction sites and remote mining operations to coastal maritime facilities, specialised equipment solutio...

Navigating the System: Your Guide to Support Finding Work with a Disability Around Melbourne

Image by freepik Finding the right job can be a challenge for anyone, but it can feel particularly daunting when you're also navigating life with a ...

Say Goodbye to Draughts and Hello to Savings: Your Guide to Perth Window Replacement

Image by prostooleh on Freepik Are your windows looking worse for wear? Are you paying a hefty power bill due to sneaky draughts and poor insulation...

How to Choose the Right Horse Trailer for Your Riding Needs

Many horse owners travel long distances for riding lessons, competitions, or to move horses between properties. Having a safe and reliable trailer i...

Sydney Turf Installer for Instant Green Lawns and Long-Term Performance

Having a green lawn at home makes everything look better. Whether it’s the front yard, backyard, or a small patch beside the driveway, people in S...