The Fund aims to provide attractive levels of income with some prospect of capital gains over the medium term through actively investing in a mix of corporate and sovereign sukuk and other Islamic money market instruments, including but not limited to the following Islamic instruments: money market instruments, certificates of deposits, collateralised murabaha, convertible sukuk, murabaha deposits, ijarah and investments in other Islamic collective investment schemes (investment funds) with objectives that the Investment Manager believes are appropriate in light of the Fund’s objectives.
FAB Sukuk Income Fund
Latest Price NAV
USD
3.81
as of
6/Sep/23
Objective
Performance
3 Yrs Performance
-5.32
5 Yrs Performance
-3.22
10 Yrs Performance
-2.40
Top Holdings
1.
DP World Crescent Ltd 3.875 18/07/2029
4.72
%
2.
SA Global Sukuk Ltd 2.694 17/06/2031
4.71
%
3.
Kingdom Of Saudi Arabia 4.511 22/05/2033
4.58
%
4.
Ahli United Bank Bsc 2.615 09/09/2026
4.35
%
5.
SIB Tier 1 Sukuk Co 5 Perpetual
4.29
%
Portfolio Composition
1.
United Arab Emirates
47.77
%
2.
Saudi Arabia
28.09
%
3.
Bahrain
7.39
%
4.
Malaysia
4.8
%
5.
Indonesia
4.32
%
6.
Oman
3.26
%
7.
Kuwait
2.48
%
8.
Cash
1.9
%
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:
NBAD AM