Category of Fund

Feeder (Wholesale)

Type of Fund

Income

Class(es) of Units

  • USD Class
  • RM Class

Base Currency

USD

Investment Objective

The Fund seeks to achieve long-term capital appreciation.

*Note:
Any material changes to the investment objective would require Unit Holders’ approval.

Investment Policy and Strategy

The Fund will be investing in a minimum of 70% of the Fund’s NAV into the Target Fund and a maximum of 30% of the Fund’s NAV into Islamic fixed deposits, Islamic money market instruments and/or Islamic liquid assets.

The Manager may take temporary defensive positions that may be inconsistent with the Fund’s principal strategy by reducing its investment into the Target Fund and raise liquidity level of the Fund during adverse market conditions to protect the Unit Holders’ interest. Note: A replacement of the Target Fund would require Unit Holders’ approval.

Asset Allocation

A minimum of 70% of the Fund’s NAV to be invested in the Target Fund; and A maximum of 30% of the Fund’s NAV to be invested in Islamic fixed deposits, Islamic money market instruments and/or Islamic liquid assets.

Benchmark

MSCI AC World Index NR Source: MSCI

Please note that the risk profile of the Fund may be higher than the risk profile of the benchmark.

Specific Risks Associated with the Fund

  • Concentration risk
  • Liquidity risk
  • Currency risk
  • Country risk
  • Target fund manager risk

Investor Profile

The Fund is primarily suitable for Sophisticated Investors:
  • seeking exposure to Shariah-compliant global developed markets equity
  • seeking capital appreciation
  • with moderate to high-risk tolerance
  • with a 5-year or more investment horizon

Investor Risk Profile

Moderate to high risk

Distribution Policy

The Manager will declare annual distributions (subject to availability of income), after the end of its first financial year. The Fund will be measured against an average income distribution yield of 6% per annum over a 5-year period. This is not a guaranteed return and it is only a measurement of the Fund’s performance. The Fund may or may not achieve 6% per annum growth rate in any particular financial year.

Commencement Date

5 November 2015

Financial Year End

31st March

Manager

Arabesque Asset Management Ltd

Trustee

Deutsche Trustees Malaysia Berhad (763590-H)
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