The Kenanga Sustainability Series Frontier Fund to further bridge gap between retail investors and global tech companies of the future.
LUMPUR, MALAYSIA - Media
OutReach - 28 October 2021 - Kenanga Investors Berhad ("Kenanga
Investors") has announced the launch of the Kenanga Sustainability Series: Frontier
Fund ("the Fund").
Ismitz Matthew De Alwis, Executive Director and Chief Executive Officer of Kenanga Investors Berhad
The Fund aims to invest
primarily in equity securities of global cutting-edge, innovative companies
with long-term sustainable growth potential, are on the cusps of initial public
offerings, and have or will develop products and services that are linked to
Kenanga Investors foresees
significant investment possibilities in these growth or late stage ventures,
where their underlying themes are unified in focusing on the Next Generation,
or forward-looking innovations currently shaping the industries of the future,
such as the space economy, the metaverse, healthcare, fintech and
cybersecurity. The fund will allow investors to capture the sustainable value
generation of these companies, which were previously exclusively available to
Ismitz Matthew De Alwis,
Executive Director and Chief Executive Officer of Kenanga Investors explains
that the firm intends to reshape the existing private equity space in Malaysia
by focusing on addressing the lack of available gateways for investors to
access investment opportunities in prominent, hard-to-reach early start-ups. "Since
2016, emerging digital companies have won over the "old economy" by being among
the top five most valuable corporations. Given the constant development of new
technologies, it is unsurprising that new technology companies are sprouting. We
began this process of bridging the gap between prominent players of the new 'Big
Tech' and our investors back in 2019.
"The resulting outcome has
been fulfilling for our investors in many ways; from portfolio diversification
to the exploration of a new investment universe beyond the traditional
investing realm, and so, demand for similar offerings has risen. We are glad to
introduce the Fund to the market where investors who were not able to
participate previously will have an opportunity to do so this time", he said.
The Fund's focus on
frontier technological breakthroughs signifies Kenanga Investors' journey to a sustainable
investing roadmap, "Frontier
tech represents a multitude of opportunities in boosting the development curve
of the future, from utilisation of technologies to reduce carbon emissions, new
medical discoveries to propel patient empowerment to the democratisation of
financial services, the advent of frontier tech will allow for greater societal
benefits and driving sustainable returns." De Alwis explained.
The Fund feeds into the Ericsenz Frontier Fund and is suitable for
sophisticated investors who have medium to long-term investment horizons. The
initial offer period is from October 27 through December 3, 2021. It is available in both MYR and USD classes so
investors can choose to invest in their preferred currency.
The Target Fund Manager, Ericsenz
Capital Pte. Ltd, is a venture capital and private equity firm licensed by the
Monetary Authority of Singapore with a collective experience of close to 100
years dealing with high growth middle-market companies primarily within the
technology, healthcare, consumer and energy sector.
Ericsenz is known for its strong network of professionals and associates
providing valuable insights into global tech brands.
Disclaimer: Investors are advised to read and understand the contents of the Fund's
Information Memorandum and PHS which have been lodged with the Securities
Commission ("SC"), who takes no
responsibility for its contents, related advertisements or marketing materials.
The advertisement has not been reviewed by the SC. Investment involves risk.
The information contained herein does not constitute any investment advice and
does not regard an investor's specific investment objectives, financial
situation and particular needs. Investors are advised to seek consultation from
a licensed professional adviser before investing. Past performance is not
indicative of future performance. Kenanga Investors Berhad 199501024358.
About Kenanga Investors Berhad 199501024358
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.
Most recently, the FSMOne Recommended Unit Trusts
Awards 2021/2022, named Kenanga Balanced Fund as "Balanced – Malaysia" for the
3rd year, Kenanga ASnitaBOND Fund as the "Core Fixed Income – Malaysia
(Islamic)" for the second time, while Kenanga OnePRS Conservative Fund was
awarded the "Private Retirement Scheme – Conservative" title (3rd
At the Refinitiv Lipper Fund Awards 2021 (Malaysia),
KIB won overall best Malaysia Islamic Funds Group Awards (Equity) and Malaysia
Provident Funds Group Awards (Mixed Assets). The Kenanga SyariahEXTRA Fund was
awarded "Mixed Asset MYR Balanced - Malaysia" award for 3-years and 5-years in
both categories of Malaysia Islamic Funds and Malaysia Provident Funds while
the Kenanga Growth Opportunities Fund won "Equity Malaysia Small & Mid-Caps"
for 3-years under the Malaysia Provident Funds category. Kenanga SyariahEXTRA
Fund also won "Mixed Asset MYR Balanced – Malaysia" for 3-years and 5-years at
the Refinitiv Lipper Fund Awards 2021 (Global Islamic). The Hong Kong-based
Asia Asset Management's 2021 Best of the Best Awards awarded KIB under the
following categories, Malaysia - Best Equity Manager, Malaysia CIO of the Year,
Malaysia – Best Islamic Fund (Equity), and Malaysia Best House for
For the fifth
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.