Products
At the moment, we only concentrate on Unit Trust Funds (Mutual Funds) that comply with Shariah Principles. Our selection of 22 funds varies from 5 asset classes, namely:
- Equity Funds (13)
- Balanced Funds (2)
- Bond Funds (5)
- Fixed Income Funds (1)
- Money Market Funds (1)
About Shariah Based Unit Trust Funds
A Shariah-based unit trust fund is a collective investment fund that offers investors the opportunity to invest in a diversified portfolio of Shariah-compliant shares and fixed-income securities as well as other Shariah-compliant money market instruments. A typical structure of a Shariah-based unit trust fund consists of:
- A manager - handles the investment and operations of the fund;
- A trustee - protects the rights and interests of the unit holders; and
- Unit holders – investors who are entitled to a proportionate interest of the assets of the fund. The obligations of these three parties are spelt out in the deed of the fund.
The Shariah-compliant instruments particularly the Shariah-compliant securities (shares) are the main source of investment for the Shariah-based unit trust fund.The investment objectives of Shariah-based unit trust funds vary according to the type of fund. It determines the riskiness of a fund and the kind of investor the fund is targeting. The types of the fund are as follows:
Capital growth funds (equity)
- Invests in Shariah-compliant shares, with a view to maximise capital growth over the long-term (i.e. through a higher unit price)
- Suitable for investors with high-risk appetite and are keen on capital accumulation
Aggressive growth funds (equity)
- Similar to capital growth funds but with investments in aggressive, fast track Shariah-compliant shares that promise high returns, but with higher risk
- Suitable for investors with high-risk appetite
Balanced funds
- Three main objectives: income; moderate capital appreciation; and capital preservation
- Invests across a broad range of asset categories including Shariah-compliant shares, Islamic fixed income securities and cash
- Well-diversified and suitable for investors seeking reasonably safe investments where the risks are lower and which
- produce average returns
Bond funds
- o Invests in Islamic fixed income securities such as Islamic bonds and short-term money-market instruments
- o Suitable for investors seeking greater security in the form of capital preservation and income with minimal risk
Income funds
- Invests in Islamic fixed income securities and huge dividend-yielding Shariah-compliant shares, with a view to pay out most of the returns
- Suitable for investors with low-risk appetite, seeking income with some level of growth
Services
We give advice and manage your investment portfolio.
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