The objective of the Fund is to seek to provide capital growth over the medium to long term. The Fund seeks to achieve its objective by investing at least 70% of its Net Asset Value in a globally diversified portfolio of Shariah-compliant equities, that demonstrate positive fundamental change at attractive relative valuations (which is where positive fundamental changes have not been recognised by the market for investee companies when compared to other entities of a similar nature).
Islamic Global Responsible Equity Fund USD I Acc
Latest Price NAV
USD
9.83
as of
13/Sep/23
Objective
Performance
3 Yrs Performance
N.A
5 Yrs Performance
N.A
10 Yrs Performance
N.A
Top Holdings
1.
MICROSOFT CORP ORD
9.3
%
2.
USD CASH
3.91
%
3.
SAMSUNG ELECTRONICS CO LTD ORD
3.74
%
4.
SALESFORCE INC ORD
2.64
%
5.
LINDE PLC ORD
2.46
%
6.
ABBOTT LABORATORIES ORD
2.31
%
7.
INTUIT INC ORD
2.21
%
8.
SHELL PLC ORD
1.89
%
9.
L'OREAL SA ORD
1.82
%
10.
NVIDIA CORP ORD
1.81
%
Portfolio Composition
1.
UNITED STATES
46.1
%
2.
UNITED KINGDOM
9.4
%
3.
FRANCE
6.57
%
4.
CANADA
5.28
%
5.
KOREA
4.62
%
6.
JAPAN
4.48
%
7.
IRELAND
2.81
%
8.
SWITZERLAND
2.24
%
9.
CHINA
2.18
%
10.
NETHERLANDS
2.17
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
0.8
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:
Principal
Website :
https://www.principalislamic.com/