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 Date 13-Apr-12
Fund Domicile Ireland
UCITS Qualifying Yes
Fund Index Dow Jones Islamic Market ASEAN Index
Base Currency USD
Minimum Investment
A Class R Class I Class
US$ 1,000 US$ 1,000 US$ 1,000,000
Pricing Daily
Dealing 10am Dublin / 5pm Hong Kong
Income Distribution Accumulated
Bloomberg Ticker
A Class I 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/Class ISE Sedol ISIN
Islamic ASEAN Equity Fund    
Euro A Class Accumulation Shares B3YZ2X8 IE00B3YZ2X82
Euro I Class Accumulation Shares B6TMNS7 IE00B6TMNS71
USD A Class Accumulation Shares B56MXK5 IE00B56MXK54
USD I Class Accumulation Shares B6QL741 IE00B6QL7418
GBP R Class Accumulation Shares B90NLF3 IE00B90NLF37

Fund Fees

Fund Details A-Class R-Class I-Class
Initial Charges Up to 5% - -
Management Fees 1.50% 0.80% 1.00% for US$0-5m
0.70% for US$5m-50m
0.60% for >US$50m