The Fund is to achieve capital growth over the medium to long term period by investing primarily in small-sized Shariah compliant companies listed on Bursa Malaysia, in term of market capitalization.
The Fund shall invest between 50% and 99.5% in a diversified portfolio of Shariah-compliant securities of small-sized Shariah-compliant listed companies on Bursa Malaysia with market capitalization of at least RM250 million but not more than RM1 billion (at the points of acquisition). However, the Fund may invest up to 20% of its NAV in Shariah-compliant securities of companies with market capitalization in excess of RM1 billion but not more than RM7 billion (at the point of acquisition). The Fund will focus its investment on Shariah-compliant companies with growth prospects in medium to long term horizon, reasonably good earnings, quality management and good corporate governance, as analyzed by the Manager. In view of the Fund’s objective, the designated fund manager will adopt an active investment management approach and frequency of trading of securities will very much depend on the market conditions.
The Fund is suitable for investors who have a high risk tolerance level, medium to long term investment horizon while seeking for capital appreciation from an aggressive Shariah-compliant fund, preferably in a portfolio that conforms to Shariah Principles.
The performance benchmark of the Fund is 15.1% growth of (3 years Fund Volatility) as per Lipper Analysis 10.01.2020