The Fund is to achieve capital growth over the medium term to long term period by investing in a diversified portfolio of Shariah-compliant securities.
The Fund will invest in a diversified portfolio of Shariah-compliant equities listed on any recognized stock exhcanges in ASEAN member countries where the respective regulatory authority is an ordinary or associate member of the International Organization of Securities Commissions (IOSCO). It will invest between 70% to 99.5% of the Fund’s NAV’s in equities of any of the 300 largest Shariah-compliant companies in terms of market capitalization (at the point of purchase) listed on recognized stock exchange in any of the ASEAN member countries.
The Fund is suitable for investors who have a moderate to high risk tolerance level and seeking Shariah-compliant investments with growth potential in the medium to long term investment horizon.
The performance benchmark of the Fund is Not Available (3 years Fund Volatility) as per Lipper Analysis 10.01.2020.