The Fund seeks to achieve an attractive target rate of return of 7.5% per annum, over a three-year period through an investment in the Montreux Healthcare Fixed Yield Fund (Target Fund). The Fund will be investing a minimum of 90% of its NAV into the Target Fund and a maximum of 10% of its NAV into Islamic money market instruments, Islamic deposits with Islamic financial institution and/or cash. The Target Fund’s investment strategy seeks to exploit identified opportunities which relate to the broadly fragmented United Kingdom’s healthcare sector.
OUD Montreux Yield 4 A GBP
Latest Price NAV
USD
1264.85
as of
24/Aug/23
Objective
Key Facts
Launch Date :
8/Jul/22
Asset Type :
AlternativesBase Currency :
UK Pound SterlingTotal Net Asset (USD M) :
1.52
Benchmark :
Lipper Synthetic Risk Free Rate 7.5% GBP
Dividend Type :
Income
Income Distribution :
Paid
Total Expense Ratio % :
N.A
Geographical Focus :
United Kingdom
Shariah Compliant
Shariah
Performance
3 Yrs Performance
N.A
5 Yrs Performance
N.A
10 Yrs Performance
N.A
Top Holdings
Portfolio Composition
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
1
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
3
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
N.A
Contact
Company Name:
Oud Asset Mgmt
Website :
http://oudasset.com/