
Kenanga Investors Launches New Global Real Asset Fund
The Fund's ETF exposure is managed by GAX MD Sdn Bhd (' GAX MD ' or ' External Fund Manager '), 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 the Malaysia Best House for Alternatives award from Asia Asset Management's 2025 Best of the Best Awards for the sixth time.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Sun
3 hours ago
- The Sun
Agilent Penang smart factory leads in Industry 4.0 with global recognition
KUALA LUMPUR: Agilent Technologies Malaysia Sdn Bhd's smart factory in Penang has been named a global leader in Industry 4.0 by the World Economic Forum and McKinsey & Company. The recognition highlights factories excelling in productivity, supply chain resilience, and talent development through cutting-edge technologies. Agilent Penang achieved a 40% productivity increase and 48% reduction in delivery lead times by integrating AI and digital solutions. The facility also lowered its environmental impact while enhancing workforce readiness for AI-driven manufacturing. Only two Malaysian factories earned this distinction, positioning Penang as a hub for advanced manufacturing excellence. Penang Chief Minister Chow Kon Yeow praised Agilent for balancing tech innovation with sustainability and social responsibility. He noted the state's leadership in adopting 4IR and setting national benchmarks for smart manufacturing. MIDA CEO Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid highlighted Agilent's role in strengthening Malaysia's semiconductor value chain. He linked the National Semiconductor Strategy to industrial ecosystem growth, skills development, and infrastructure support. The NSS aims to transform Malaysia into a global hub for advanced chip design, manufacturing, and R&D over the next decade. Agilent's Chow Woai Sheng emphasised human-machine collaboration as key to adapting to market shifts and unlocking new opportunities. The company has upskilled 88% of its Penang workforce through digital training to support its 4IR transition. Agilent also partners with Malaysia's scientific community to advance AI applications in life sciences instrumentation. These efforts aim to accelerate global discoveries and improve quality of life through innovation. - Bernama


The Sun
5 hours ago
- The Sun
Avangaad unlocks RM44.5m to drive strategic growth
KUALA LUMPUR: Bursa Malaysia Main Market-listed marine operations service and solutions provider Avangaad Bhd has completed the sale of its floating storage and offloading (FSO) vessel for US$10.5 million (approximately RM44.5 million), realising an immediate gain of RM29.4 million. The divestment delivers RM44.5 million in cash proceeds, which will be strategically redeployed into higher-yielding, longer-tenured assets in line with Avangaad's long-term growth strategy. This move also provides greater financial flexibility to strengthen the group's capacity for sustaining a balanced fleet and expanding service offerings across both oil and gas (O&G) and non-O&G markets. Executive director Datuk Wira Mubarak Hussain Akhtar Husin described the transaction as a move to 'create optionality' for the group. 'We are monetising this asset at the right time to ensure Avangaad remains agile and well-capitalised. In asset strategy, success lies in aligning capability with contract tenure. Our fleet includes vessels capable of securing decade-long commitments, each contributing to long-term portfolio optimisation,' he said. Datuk Wira Mubarak added that the proceeds act as a natural hedge, enhancing the group's resilience to cyclical market changes while positioning it to capture opportunities that improve earnings visibility. 'The capital unlocked further strengthens our agility and decisiveness, setting a clear course to redefine integrated maritime solutions in the region,' he said. The next capital deployment is currently under review. The gain from this sale underscores Avangaad's stable operational cash flow and its readiness to pursue expanded charter contract opportunities.


The Sun
8 hours ago
- The Sun
Merdeka travel pass for unlimited use of SMART tunnel
KUALA LUMPUR: Toll highway concessionaire Amanat Lebuhraya Rakyat Berhad (ALR) has introduced the Smart Unlimited Travel Pass or Merdeka Unlimited Travel Pass (MUTP), offering one month of unlimited use of the Stormwater Management and Road Tunnel (SMART Tunnel) in conjunction with National Day and Malaysia Day. Available from Aug 16 to Sept 16, the pass can be purchased for a one-off payment of RM68. Works Minister Datuk Seri Alexander Nanta Linggi said the MUTP reflected the inclusive and people-centred approach envisioned under the Malaysia Madani principles which prioritise inclusivity and the well-being of the rakyat. 'ALR's initiative allows frequent SMART Tunnel commuters to save up to RM64 a month compared with the average monthly toll payment of RM132. 'The launch of this travel pass is very meaningful in the spirit of celebrating our 68th National Day and Malaysia Day. 'This one-month offer sends a clear message that public facilities can and should be provided in an inclusive and people-centred manner, consistent with the Malaysia Madani principles. 'In addition, the Works Ministry, through the Malaysian Highway Authority (MHA), fully supports the government's aspiration to provide the best facilities for the rakyat, especially highway users. The MUTP is an excellent example of such an initiative,' he said after officiating at the MUTP launch at the SMART Management and Tunnel Operations Complex here yesterday. Also present were MHA director-general Datuk Sazali Harun and ALR Group CEO Muhammad Nizam Alias. Nanta said SMART Tunnel commuters typically make about 44 trips a month, with a one-way toll of RM3. 'Through the MUTP, users will enjoy savings of up to RM64, as the average monthly toll can reach RM132 at the standard rate. 'It also provides quick access to the city centre via the SMART Highway, which handles an average of 19,000 vehicles daily, while maintaining the world's only dual-function tunnel that combines road traffic and floodwater management. 'This initiative shows how industry players, especially in infrastructure, can take proactive steps to help the rakyat manage the cost of living, particularly in urban areas,' he said. He added that the MUTP not only strengthens public trust in the highway sector but also aligns with Malaysia Madani's emphasis on balancing economic growth with social justice, while promoting respect and compassion in service delivery. 'The SMART Tunnel remains one of the nation's best engineering achievements, proven to have a significant impact on flood management and urban mobility. 'It is not merely an infrastructure project but also a symbol of Malaysian innovation recognised internationally, with accolades such as the UN-Habitat Scroll of Honour Award, the British Construction Industry Award and the Asean Outstanding Engineering Achievement Award, and listed by CNN among the 'Most Impressive Tunnels in the World'. 'By managing infrastructure, social values, and governance holistically, it has delivered multiple benefits to the rakyat and the nation, strengthening security and sustainability in line with the Malaysia Madani vision,' he said. On a related note, Nanta said there would be no free toll for National Day as the exemption is limited to one festive day.