The Fund aims to achieve medium to long-term capital growth through investment across a number of sectors that complies with Shariah (Islamic Law) and the standards prescribed by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). The portfolio shall invest in shariah compliant domestic and global equities, domestic and global property companies and financial instruments that have been approved for investment by the Shariah Supervisory Board (SSB) or Shariah Advisory Committee (SAC) from time to time. The portfolio will be predominantly invested in domestic assets.
Visio BCI Shariah Equity Fund C
Latest Price NAV
USD
0.07
as of
13/Sep/23
Objective
Key Facts
Launch Date :
14/Jun/18
Asset Type :
EquityBase Currency :
South African RandTotal Net Asset (USD M) :
19.66
Benchmark :
Index is not available on Lipper Database
Dividend Type :
Income
Income Distribution :
Paid
Total Expense Ratio % :
0.62
Geographical Focus :
South Africa
Shariah Compliant
Shariah
ESG
Yes
Performance
3 Yrs Performance
6.70
5 Yrs Performance
0.57
10 Yrs Performance
N.A
Top Holdings
1.
ZAR CASH
8.15
%
2.
BHP GROUP LTD ORD
7.04
%
3.
ANGLO AMERICAN PLC ORD
6.96
%
4.
GOLD FIELDS LTD ORD
4.31
%
5.
MICROSOFT CORP ORD
3.84
%
6.
SOUTH32 LTD ORD
3.65
%
7.
SASOL LTD ORD
3.62
%
8.
ADVTECH LTD ORD
3.59
%
9.
COMPAGNIE FINANCIERE RICHEMONT SA ORD
3.54
%
10.
VISA INC ORD
3.27
%
Portfolio Composition
1.
SOUTH AFRICA
40.24
%
2.
UNITED STATES
20.76
%
3.
UNITED KINGDOM
13.45
%
4.
AUSTRALIA
12.68
%
5.
SWITZERLAND
3.54
%
6.
TAIWAN
3.02
%
7.
JAPAN
1.63
%
8.
HONG KONG
1.01
%
9.
CHINA
0.49
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
0.58
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:
BCI
Website :
http://www.bcis.co.za/