| Investment Objective |
The Fund seeks to provide returns through capital growth by investing in Shariah-compliant securities predominantly in the global markets. | |
| Fund Category | Growth. | |
| Investment Strategy |
The Fund will invest at least 60% to 90% of its NAV in Shariah-compliant equities
including Islamic collective investment schemes. #
The Fund will also invest at least 10% of its NAV in Sukuk, Islamic deposit and/or Islamic money market instruments. # The Fund will invest in local and foreign markets.
# If in the opinion of the PRS Provider, it is necessary to preserve the volume
of equities held by the Fund, the PRS Provider may adopt a temporary defensive
strategy during adverse market conditions by reducing the Fund’s
Shariah-compliant equity exposure to an amount below 60% and raising its level
of investments in Sukuk, Islamic deposit and/or Islamic money market instruments
for a period no longer than 6 months.
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| Asset Allocation |
Shariah-compliant equities including Islamic collective investment schemes | At least 60% to 90% of the Fund’s NAV |
| Sukuk, Islamic deposit and/or Islamic money market instruments | At least 10% of the Fund’s NAV | |
| Performance Benchmark |
Target return of 6% per annum. | |
| Member Profile |
Members who:
Note: “medium to long term” means a period of three (3) years and above.
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| Risks Disclosure |
Credit/default risk, Interest rate risk, Particular security risk, Country risk, Currency risk, Shariah Status Reclassification risk | |