Portfolio Performance
Overall Khazanah Portfolio
In pursuing Khazanah’s overall mandate, our investments are organised based on the following investment structure: Investments Portfolio, Dana Impak Portfolio, Developmental Assets, and Special Situations each established with distinct objectives, policies and strategies as defined in our Investment Policy Statement.
Total Assets
billion
Net Assets
billion
Profit from Operations
billion
Performance Highlights
Total Assets
Net Assets
Profit from Operations
Investments Portfolio
- Generates risk-adjusted returns, preserves and grows the long-term value of our assets
- Target returns of at least Malaysian Consumer Price Index + 3% on a long-term rolling basis
PE Direct
PE Funds
Real Assets
Public Markets
Dana Impak Portfolio
Fosters Malaysia’s economic competitiveness and builds national resilience, while delivering economic impact through to Malaysians
Developmental Assets
Intends to deliver high economic impact through long-term developmental investments in sectors critical to Malaysia’s long-term growth
Special Situations
Requires turnarounds in terms of profitability and sustainable operating cash flows, with annual targets and action plans
Khazanah Bonds
Khazanah Nasional Berhad is a frequent issuer in the Malaysian and global capital markets. Sukuk and bond issuances help us diversify our sources of funding and optimise our capital structure. All the Medium-Term Notes (“MTN”) issued by Special Purpose Vehicles (“SPVs”) are irrevocably and unconditionally guaranteed by Khazanah.
Malaysian Ringgit Facilities
| Issuer1 | Facility | Facility Size | Shariah Principle |
|---|---|---|---|
| Danga Capital Berhad | Islamic Securities Programme | RM10b | Musyarakah |
| Danum Capital Berhad | Islamic MTN Sukuk Danum Programme | RM20b | Wakalah |
| Rantau Abang Capital berhad | Islamic MTN Sukuk Musyarakah Programme | RM7b | Musyarakah |
| Ihsan Sukuk Berhad | Islamic MTN Sukuk Ihsan Programme | RM1b | Wakalah |
1RAM Ratings has reaffirmed the AAA ratings of the MTN issues of these SPVs with a stable outlook in December 2022.
Foreign Currency Facilities
| Issuer2 | Facility | Facility Size | Shariah Principle |
|---|---|---|---|
| Khazanah Capital Ltd | Euro MTN Programme | USD10b | - |
| Khazanah Global Sukuk Berhad | Multicurrency Sukuk Issuance Programme | USD5b | Wakalah |
2The MTN from the above programmes have been assigned a credit rating of A3 and A- from Moody’s Investors Service and S&P Global Ratings respectively.