Islamic ASEAN Equity Fund
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.
Mohd Fadzil MohamedBSc (Hons), University of Aberystwyth
22 Years Industry Experience
Patrick Chang*MSc. Fin, City University Business School
25 Years Industry Experience
|Fund Index||Dow Jones Islamic Market ASEAN Index|
|Dealing||10am Dublin / 5pm Hong Kong|
*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.
|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|
|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|