Kenanga Investors launch high yield bond fund

KUALA LUMPUR: Kenanga Investors Bhd has launched a high yield bond fund to provide income and capital growth by investing in the Global High Yield ESG Bond Index Fund managed by Northern Trust Asset Management.

Kenanga said the fund, which was launched under the Kenanga Sustainability Series, tracked the risk and return characteristics of the ICE BofAML Global High Yield Index which is subject to certain environmental, social, and corporate governance (ESG) exclusions and ESG weightings.

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