The Fund is to achieve capital growth over the medium to long-term period by investing primarily in medium sized Shariah complaint companies in terms of market capitalization.
The Fund shall invest primarily in a diversified portfolio of Shariah-compliant equities and Shariah-compliant equity-related securities listed on any recognized stock exchange in Malaysia. It shall invest primarily in a diversified portfolio of Shariah-compliant equity-related securities of medium sized companies with market capitalization between RM1 billion and RM7 billion at the point of purchase. The Fund may invest up to 20% of its NAV in securities of Shariah-compliant companies listed on Bursa Malaysia with market capitalization below RM1 billion and/or in excess of RM7 billion. However, the Fund may invest up to 20% of its NAV in securities of Shariah-compliant companies with market capitalization below RM1 billion and/or in excess of RM7 billion.
The Fund is suitable for investors who have a high risk tolerance level, medium to long term investment horizon and seeking capital growth form Shariah-compliant fund that invests primarily in mid-cap stocks that conforms to Shariah Principles.
The performance benchmark of the Fund is 11.3% growth (3 years Fund Volatility) as per Lipper Analysis 10.01.2020.