Kenanga Investors Launches New Global Real Asset Fund
The Kenanga Alternative Series: Global Real Assets Fund offers investors exposure primarily to global real estate, precious metals, and commodities by employing proprietary investment models and advanced algorithms.
From left: Ho Seng Yee, Executive Director of GAX MD; Ronnie Tan, Managing Director & Chief Executive Officer of GAX MD; Datuk Wira Ismitz Matthew De Alwis, Executive Director & Chief Executive Officer of Kenanga Investors; Tan Sri Dr Munir Majid, Chairman of GAX MD; Matthew Stuart-Box, Chief Investment Officer of GAX MD & Money Design; Ranjit Singh Gill, Director & Head of Product & Market Development of Kenanga Investors.
KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 3 June 2025 - Kenanga Investors Berhad ("") has announced the launch of the Kenanga Alternative Series: Global Real Assets Fund (""), a new addition to its Kenanga Alternative Series (""). The KASGRAF is an open-ended retail fund designed to achieve steady growth by diversifying investments across global real assets through carefully selected exchange-traded funds ("").The Fund's ETF exposure is managed by GAX MD Sdn Bhd ("" or ""), which employs sophisticated algorithms and advanced investment models to ensure precise and effective management of global real assets. GAX MD is also the creator of MYTHEO, a digital investment management platform launched in Malaysia since 2019."The introduction of the KASGRAF enables Kenanga Investors to provide investors with enhanced growth opportunities through well diversified, global investment strategies. Amidst the complex economic landscape of today, the value of physical assets such as real estate, commodities and precious metals often appreciate, enabling investors to maintain the real value of their wealth. By integrating real assets into our portfolios, we offer our investors a robust hedge against market uncertainties and a means to achieve steady returns due to its sustainable growth potential", said Datuk Wira Ismitz Matthew De Alwis, Executive Director and Chief Executive Officer of Kenanga Investors."Our partnership combines Kenanga Investors' extensive asset management expertise with GAX MD's advanced quantitative modelling capabilities, creating a strategy based on a systematic, data-driven and cost-efficient approach to portfolio construction that optimises performance while strengthening diversification and risk management", he elaborated.KASGRAF aims to achieve a steady growth of investment assets and realise stable income, making it an ideal choice for investors with medium-term investment horizons. The fund's core strategy involves investing primarily in ETFs linked to a diverse array of real assets. This includes sectors such as real estate, precious metals and commodities. By diversifying across these areas, KASGRAF helps to mitigate risk while enhancing the potential for returns. The Fund is available for subscription in MYR with a minimum initial investment amount of RM1,000."We are excited to partner with Kenanga Investors in bringing our advanced proprietary algorithms to a wider audience. ETFs allow investors to access a diverse range of asset classes including real estate, commodities and precious metals, without the high costs and complexities of direct ownership. For optimal selection, the Fund's strategy follows a rigorous screening process based on key factors such as liquidity, expense ratios and tracking efficiency. By combining data-driven analysis with a structured ETF selection process, the strategy maximises efficiency while maintaining flexibility to adapt to evolving market conditions. At GAX MD, we are excited to contribute to the success of KASGRAF and its investors, empowering them to navigate the complexities of the market with confidence", said Ronnie Tan, Managing Director and Chief Executive Officer of GAX MD.The launch of the Series aligns with Kenanga Investors' longstanding goal of offering diverse investment solutions to meet investors' varying needs/objectives. In addition to KASGRAF, the Series also includes the Kenanga Alternative Series: Income Opportunities Fund and Kenanga Alternative Series: Islamic Global Responsible Strategies Fund. Each fund offers unique benefits, allowing investors to diversify and hedge their portfolios according to their needs. This commitment to innovative products has earned the firm recognition for its expertise in alternatives investments. This year it received theaward fromfor the sixth time.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.
Kenanga Investors Berhad 199501024358 (353563-P)
We provide investment solutions ranging from collective investment schemes, portfolio management services, alternative investments, as well as wills and trusts for retail, corporate, institutional, and high net worth clients via a multi-distribution network.
The Morningstar Awards 2025 has recognised the Kenanga Blue Chip Fund as Best Malaysia Large-Cap Equity Fund. The Bursa Excellence Awards 2024 awarded KIB's exchange-traded funds' arm, Eq8 Capital Sdn Bhd with the Special Award – Thought Leadership for launching Eq8WAQF, the world's first Waqf-featured Exchange Traded Fund. Introduced under a newly established category, the award highlights innovations that are reshaping the investment landscape.
At the LSEG Lipper Fund Awards Malaysia 2025, KIB received awards for the Kenanga DividendEXTRA Fund ("KDEF") under the Best Equity Malaysia Diversified – Malaysia Funds over 3 years, Kenanga Malaysian Inc Fund ("KMIF") under the Best Equity Malaysia Diversified – Malaysia Provident Funds over 10 years, Kenanga Balanced Fund ("KBF") under the Best Mixed Asset MYR Balanced – Malaysia Provident Funds over 10 years, Kenanga Managed Growth Fund ("KMGF") under Best Mixed Asset MYR Flexible – Malaysia Provident Funds over 10 years, and Kenanga SyariahEXTRA Fund ("KSEF") under the Best Mixed Asset MYR Balanced – Malaysia Islamic Funds Awards over 10 years.
The Hong Kong-based Asia Asset Management's 2025 Best of the Best Awards awarded KIG under the following categories, Malaysia Best Impact Investing Manager, Best Impact Investing Manager in ASEAN, Malaysia Best Equity Manager, Malaysia CEO of the Year (Co-Winner), Malaysia CIO of the Year, Malaysia Best House for Alternatives, Malaysia Best ESG Engagement Initiative, Malaysia Fund Launch of the Year, and Malaysia Best Retail Asset Management Company.
The FSMOne Recommended Unit Trusts Awards 2024/2025 has awarded the Kenanga Growth Fund Series 2 with the "Sector Equity – Malaysia Focused" award for the third consecutive year since 2022. We were also recognised at The BrandLaureate BestBrands Awards 2024 - Brand of the Year under the category Wealth Management & Investment Solutions. For the eighth 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.
This Press Release was issued by Kenanga Group's Marketing, Communications & Sustainability department.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Malay Mail
an hour ago
- Malay Mail
South Korea's president Lee seeks quick tariff resolution in first call with Trump
SEOUL, June 7 — US President Donald Trump and South Korea's new president Lee Jae-myung agreed to work toward a swift tariff deal in their first phone call since Lee was elected this week, Lee's office said yesterday. Trump has imposed tariffs on South Korea, a long time ally with which it has a bilateral free trade deal, and pressed it to pay more for the 28,500 US troops stationed there. Separately, Trump allies have aired concerns about Lee's more conciliatory stance towards China, Washington's main geopolitical rival. Lee, a liberal, was elected on June 3 after former conservative leader, Yoon Suk Yeol, was impeached and ousted. The future of South Korea's export-oriented economy may hinge on what kind of deal Lee can strike with Trump, with all of his country's key sectors from chips to autos and shipbuilding heavily exposed to global trade. His term began on Wednesday. 'The two presidents agreed to make an effort to reach a satisfactory agreement on tariff consultations as soon as possible that both countries can be satisfied with,' Lee's office said in a statement. 'To this end, they decided to encourage working-level negotiations to yield tangible results.' Trump invited Lee to a summit in the US and they plan to meet soon, according to a White House official. Analysts say the first opportunity for the two to meet could be at a G7 summit in Canada in mid-June. Lee's office said the two leaders also discussed the assassination attempts they both experienced last year as well as their enthusiasm for golf. Lee underwent surgery after he was stabbed in the neck by a man in January last year, while Trump was wounded in the ear by a bullet fired by a would-be assassin in July. South Korea, a major US ally and one of the first countries after Japan to engage with Washington on trade talks, agreed in late April to craft a 'July package' scrapping levies before the 90-day pause on Trump's reciprocal tariffs is lifted, but progress was disrupted by the change of governments in Seoul. Lee said on the eve of the elections that 'the most pressing matter is trade negotiations with the United States.' Lee's camp has said, however, that they intend to seek more time to negotiate on trade with Trump. While reiterating the importance of the US-South Korea alliance, Lee has also expressed more conciliatory plans for ties with China and North Korea, singling out the importance of China as a major trading partner while indicating a reluctance to take a firm stance on security tensions in the Taiwan Strait. Political analysts say that while Trump and Lee may share a desire to try to re-engage with North Korea, Lee's stance on China could cause friction with the US. A White House official said this week that South Korea's election was fair, but expressed concern about Chinese interference in what analysts said may have been a cautionary message to Lee. Speaking in Singapore last week, US Defense Secretary Pete Hegseth said many countries were tempted by the idea of seeking economic cooperation with China and defense cooperation with the United States, and warned that such entanglement complicated defense cooperation. — Reuters
Malay Mail
2 hours ago
- Malay Mail
Ancom Nylex moves to take full control of delisted Nylex through capital reduction plan
KUALA LUMPUR, June 7 — Ancom Nylex Bhd is seeking to take full ownership of its former subsidiary, Nylex (M) Bhd, following the latter's delisting from Bursa Malaysia in March this year. According to The Edge, the proposal involves a selective capital reduction and repayment exercise, with entitled shareholders set to receive a total capital repayment of RM5.3 million, or 5.1 sen per share, in cash. The exercise is to be carried out by Ancom Nylex and its wholly owned unit, Rhodemark Development Sdn Bhd. The two entities, which currently control 42.21 per cent of Nylex, will become the sole shareholders upon completing the plan. The offer price of 5.1 sen per share for the remaining 103.89 million shares, representing a 57.79 per cent stake, is based on Nylex's net assets of RM16.96 million, minus deferred tax assets of RM7.79 million, divided by its share base of 179.79 million shares. According to the report, in a letter of offer issued yesterday, Ancom Nylex and Rhodemark said the proposed capital reduction exercise would be funded through Nylex's internal funds. Several persons acting in concert (PACs), who collectively own a 0.33 per cent stake in Nylex, are also participating as entitled shareholders. The PACs include Datuk Siew Ka Wei and his family, Tan Sri Mohamad Fuzi Harun, Low Huoi Seong, Rizainal Mustaffa, and Asmariah Ismail. Siew, who serves as Nylex's group managing director and is also the executive vice chairman of Ancom Nylex, is among its major shareholders. Ancom Nylex and Rhodemark explained that consolidating full control of Nylex would provide them with greater flexibility in determining the company's business direction, The Edge reported. They also noted that the plan offers entitled shareholders a timely opportunity to realise their investments. As of the end of May, Nylex had 12,145 shareholders. Nylex was delisted on March 11 after failing to secure an extension to submit its regularisation plan. It had been classified as a Practice Note 17 (PN17) company following the divestment of all its assets and liabilities to Ancom Nylex, then known as Ancom Bhd, in January 2022. The RM179.3 million deal was a mix of cash and shares. Shares in Ancom Nylex closed at 95 sen yesterday, up half a sen or 0.53 per cent, giving the company a market capitalisation of RM1.11 billion.
Malay Mail
2 hours ago
- Malay Mail
MCMC clarifies mobile phone data collection for national statistics, says no identifiable user information involved
KUALA LUMPUR, June 7 — The Malaysian Communications and Multimedia Commission (MCMC) has clarified its collection of mobile phone data (MPD) from Mobile Network Operators (MNOs), assuring that no Personally Identifiable Information (PII) is accessed, processed, or disclosed. The clarification comes amid recent media reports regarding the matter. In a statement today, MCMC said MPD was used strictly for the generation of official statistics to support evidence-based policymaking in two key domains, namely the ICT Sector and the Tourism Sector. For the ICT Sector, MPD helps produce granular statistics, such as the number of active mobile broadband subscriptions and penetration rates at the state, district, mukim, parliamentary constituency, state legislative assembly (DUN), and local authority levels. For the Tourism Sector, it generates indicators such as the number of visitors and domestic tourism trips. 'The MPD data requested from MNOs is anonymised and contains no PII. 'In addition, MNOs are given the option to either process the MPD data within their own secure environment and submit the required anonymised and aggregated output to MCMC, or, for MNOs without in-house processing capabilities, to submit the anonymised data to MCMC for processing. 'In both cases, no individual subscriber can be identified through the data collected,' it said. MCMC further clarified that the use of MPD as a new source of national statistics was a strategic direction set by the government to strengthen the quality and timeliness of statistical outputs for policy and planning purposes. Implementation of MPD is through collaboration with the International Telecommunication Union (ITU) and the UN Committee of Experts on Big Data and Data Science, it added. Over the past two years, MCMC said extensive engagement with all MNOs had been carried out to ensure mutual understanding of the data requirements, processes, and privacy safeguards. These included the MPD National Workshop held from Sept 2 to 5, 2024, attended by representatives from the Department of Statistics Malaysia (DOSM), International Telecommunication Union (ITU), Ministry of Communications, Ministry of Tourism, Art and Culture, and MNOs (CelcomDigi, Maxis, TM Tech, U Mobile, and YTL). 'This initiative aligns with international best practices. It mirrors similar projects already implemented in countries such as Indonesia and Brazil, where anonymised telecommunications data is used to enhance national statistics while fully safeguarding user privacy,' it said. — Bernama
