Fund of the Month: KAF Millennium Fund

KAF Millennium Fund has continued its streak of delivering consistent returns over the past three years, as reflected by its recent wins at the LSEG Lipper Fund Awards and Morningstar Awards. Owing to its mandate to invest in larger-cap companies, with up to 30% of assets in foreign stocks, the fund exhibits resiliency during market turbulence. Coupled with alpha generated from active sector allocation and stock selection, the fund has performed well in terms of risk-adjusted returns.

Anchored by dividend income from blue-chip companies operating in the financial, utilities, and consumer sectors, KAF Millennium Fund aims to provide stable returns for its investors. To take advantage of the current commodity upcycle, the fund has also built significant exposure in the energy, plantation, and transportation sectors.

Looking ahead, KAF Millennium Fund will remain focused on Malaysian large-cap stocks for stable returns. This is underpinned by Malaysia’s stable macroeconomic environment and robust corporate earnings. Opportunistic positioning in overseas stocks may be pursued when there are attractive propositions.

By maintaining stringent investment standards and targeting essential growth sectors, KAF Millennium Fund is fortified against market fluctuations. Investors are favourably positioned to capture long-term growth opportunities within Malaysia, alongside selected prospects across the ASEAN region.

Disclaimer: Investors are advised to obtain, read, and understand the contents of the Replacement Master Prospectus of KAF Millennium Fund dated 21 December 2022 and its supplementary(ies) (if any) and disclosure documents before investing, which can be viewed on our website at www.kaf.com.my. Among others, investors should consider the fees and charges involved. The price of units and distribution payable (if any) may go down as well as up. The past performance of the fund is not indicative of its future performance. Investments in the fund carry with it elements of risk. Investors are advised to make their own assessments on the risks involved and are recommended to seek professional advice where necessary. This digital content is for informational purposes only and has not been reviewed by Securities Commission Malaysia.