Kenanga Investors Berhad has announced the launch of the “Kenanga Sustainability Series: Frontier Fund” with an initial offer period is from 27th October through 3rd December 2021.
The fund feeds into the Ericsenz Frontier Fund and is suitable for sophisticated investors who have medium to long-term investment horizons and is available in both MYR and USD classes so investors can choose to invest in their preferred currency.
The fund aims to invest primarily in equity securities of global 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 technologically-driven innovations.
Kenanga Investors said in a statement that it foresees significant investment possibilities in these growth or late stage ventures focused on the space economy, 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 institutional investors.
Ismitz Matthew De Alwis, Executive Director and Chief Executive Officer of Kenanga Investors said,
“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.”
