The Fund seeks to provide income and capital appreciation over the medium to long term by investing in Shariah-compliant equities and Sukuk globally. The Fund will generally adopt a balanced portfolio between Shariah compliant equities and Sukuk in the ratio of 50:50. The Sukuk portion of the Fund is to provide some capital stability to the Fund whilst the Shariah-compliant equities portion will be expected to provide the added return in a rising market. The Investment Manager will have the flexibility to adjust the asset allocation between Shariah-compliant equities and Sukuk provided that the asset allocation falls within 40% to 60% threshold.
United-i Global Balanced USD
Latest Price NAV
USD
0.47
as of
13/Sep/23
Objective
Key Facts
Launch Date :
11/Mar/19
Asset Type :
Mixed AssetsBase Currency :
US DollarTotal Net Asset (USD M) :
126.39
Benchmark :
Blend S&P Glb BMI Shariah/Dow Jones Sukuk (50:50)
Dividend Type :
Income
Income Distribution :
Paid
Total Expense Ratio % :
1.9
Geographical Focus :
Global
Shariah Compliant
Shariah
Performance
3 Yrs Performance
0.94
5 Yrs Performance
N.A
10 Yrs Performance
N.A
Top Holdings
1.
Sea Ads Rep Cl A
4.1
%
2.
Berjaya Food Bhd
3.17
%
3.
Infomina Ord
2.96
%
4.
GT Capital Holdings Ord
2.88
%
5.
SFP Tech Holdings Bhd
2.83
%
Portfolio Composition
1.
United States
38.24
%
2.
Others
15.33
%
3.
Malaysia
15.29
%
4.
Saudi Arabia
9.39
%
5.
Cash
8.03
%
6.
United Arab Emirates
7.6
%
7.
Indonesia
6.13
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
1.8
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
5
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
N.A
Contact
Company Name:
UOB Ast Mgmt MY
Website :
http://www.uobam.com.my/