The investment objective of the Fund is to maximize risk-adjusted returns by investing in Sharia compliant Trade Finance Investments that are expected to generate low volatility returns, which if achieved, generally exceed other investments of similar duration. The Fund’s investments will be made in accordance with the investment policy, guidelines and restrictions described in this Memorandum, or as otherwise determined by the Directors or by the Sharia Advisor from time to time. Any change in the investment objective, strategies or restrictions of the Fund must be approved by a simple majority of the Directors. Such changes must also be ratified by the Sharia Advisor.
Rasmala Trade Finance A Inc USD
Latest Price NAV
USD
83.41
as of
31/Aug/20
Objective
Key Facts
Launch Date :
20/Dec/17
Asset Type :
AlternativesBase Currency :
US DollarTotal Net Asset (USD M) :
41.51
Benchmark :
Index is not available on Lipper Database
Dividend Type :
N.A
Income Distribution :
Paid
Total Expense Ratio % :
1.68
Geographical Focus :
Global Emerging Markets
Shariah Compliant
Shariah
Performance
3 Yrs Performance
N.A
5 Yrs Performance
-3.22
10 Yrs Performance
N.A
Top Holdings
Portfolio Composition
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
1.5
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
N.A
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
N.A
Contact
Company Name:
Rasmala InvBank Ltd
Website :
www.rasmala.com