Islamic ASEAN Equity Fund

General Information

The Islamic ASEAN Equity Fund, is part of the Principal Islamic Asset Management (Ireland) Plc range of Dublin-based Undertakings for Collective Investment in Transferable Securities (“UCITS”) .The Fund is actively managed and invests principally in a diversified portfolio of equity related securities that are domiciled or with their core businesses in Association of Southeast Asian Nations (ASEAN) region. All investments made by the Islamic ASEAN Equity Fund will be in compliance with the Shariah Investment Guidelines. This UCITS Fund complies with the strict European regulatory standards that emphasise strong investor protection and robust risk management framework. 

The Fund aims to provide investors with capital growth over the medium to long term through investments in Association of Southeast Asian Nations (ASEAN) assets, including equities. All investments made by the Fund will be compliant with the Shariah Investment Guidelines.

Fund Details

Investment Manager
Mohd Fadzil Mohamed

BSc (Hons), University of Aberystwyth
24 Years Industry Experience

Sub-Investment Adviser
Patrick Chang*

MSc. Fin, City University Business School
27 Years Industry Experience

Launch Date13-Apr-12
Fund DomicileIreland
UCITS QualifyingYes
Fund IndexDow Jones Islamic Market ASEAN Index
Base CurrencyUSD
Minimum Investment
A ClassR ClassI Class
US$ 1,000US$ 1,000US$ 1,000,000
Dealing10am Dublin / 5pm Hong Kong
Income DistributionAccumulated
Bloomberg Ticker
A ClassI Class

*Patrick Chang is the Chief Investment Officer of Principal Asset Management Berhad, and provides advice, which the Fund Managers may consider in making their investment decisions.

Fund Codes

Fund/ClassISE SedolISIN
Islamic ASEAN Equity Fund  
Euro A Class Accumulation SharesB3YZ2X8IE00B3YZ2X82
Euro I Class Accumulation SharesB6TMNS7IE00B6TMNS71
USD A Class Accumulation SharesB56MXK5IE00B56MXK54
USD I Class Accumulation SharesB6QL741IE00B6QL7418
GBP R Class Accumulation SharesB90NLF3IE00B90NLF37

Fund Fees

Fund DetailsA-ClassR-ClassI-Class
Initial ChargesUp to 5%--
Management Fees1.50%0.80%1.00% for US$0-5m
0.70% for US$5m-50m
0.60% for >US$50m