The investment objective of the Sub-fund is to achieve medium-term capital growth. The Sub-fund seeks to achieve its investment objective by actively managing a diversified portfolio consisting of at least 70% of its net assets of debt securities (including credit linked notes up to 10% of its net assets) issued by governments, supranational institutions and/or governmental bodies, and/or Sharia-compliant companies. All investments will be validated by the Sharia Supervisory Committee within the Sharia guidelines and restrictions.
AZ MA – AZ Isl – MAMG Gl Sukuk A-ME USD (ACC)
Latest Price NAV
USD
5.77
as of
12/Sep/23
Objective
Performance
3 Yrs Performance
0.29
5 Yrs Performance
2.17
10 Yrs Performance
N.A
Top Holdings
1.
TMS ISSUER SARL 23-AUG-2032
3.17
%
2.
CASH AND CASH EQUIVALENTS
3.04
%
3.
DP WORLD SALAAM 6% 01-JAN-4000
3.03
%
4.
ESIC SUKUK LTD 3.939% 30-JUL-2024
2.92
%
5.
ADIB CAPITAL INVEST 2 LTD 7.125% 01-JAN-2099
2.8
%
6.
RIYAD SUKUK LTD 3.174% 25-FEB-2030
2.79
%
7.
ANB SUKUK LTD 3.326% 28-OCT-2030
2.64
%
8.
ALDAR SUKUK (NO.2) LTD 3.875% 22-OCT-2029
2.37
%
9.
KSA SUKUK LTD 4.511% 22-MAY-2033
2.29
%
10.
DUA CAPITAL LTD 11-MAY-2026
2.21
%
Portfolio Composition
1.
United Arab Emirates
41.12
%
2.
Supranational
12.42
%
3.
Turkey
6.63
%
4.
Kuwait
6.17
%
5.
Indonesia
5.56
%
6.
Saudi Arabia
4.64
%
7.
Malaysia
4.12
%
8.
Bahrain
3.56
%
9.
Oman
3.02
%
10.
South Africa
2.15
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
1
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
2
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
N.A
Contact
Company Name:
Azimut Invest
Website :
https://www.azimutinvestments.com/