Kenanga Investors unveils fund that tap into ‘unicorns’

Kenanga Investors Ismitz Matthew

PETALING JAYA: Kenanga Investors Bhd has launched Kenanga Global Unicorn 2 (KGU2), which will feed into the Ericsenz-K2 Global Unicorn Fund II (target fund) and has an expected 12% internal rate of return (IRR) per annum.

It said the 12% was not a guaranteed return and was only a measurement of the fund’s performance.