Category of fund:
Islamic-ESG Asia Pacific Equity
Type of fund:
The Fund seeks to achieve medium to long-term capital appreciation.
“medium to long-term” in this context refers to 3 years or more. Any material change to the investment objective of the Fund would require Unit Holders’ approvals.
- 70% to 98% of the Fund’s NAV will be invested in Shariah-compliant equities listed in Asia Pacific countries excluding India and Malaysia; and
- At least 2% of the Fund’s NAV will be invested in Shariah-compliant liquid assets
- Stock Specific Risk
- Liquidity Risk
- Country Risk
- Currency Risk
- Political Risk
- Regulatory Risk
- Tactical Asset Allocation Risk
- Warrant Risk
The Fund will invest in Shariah-compliant equities (up to 98% of the Fund’s NAV) listed in Asia Pacific countries, excluding Malaysia and India, where the regulatory authorities are the ordinary or associate members of the International Organization of Securities Commissions (IOSCO).
The Fund provides the investor with the opportunity to invest in a diversified portfolio of Shariah-compliant equities, which integrates UNGC, ESG and fundamental analysis and offers long-term capital appreciation opportunities.
The Fund follows a rule-based, bottom up approach which identifies a Shariah compliant investment universe screened for sustainability performance incorporating the principles of UNGC and ESG as explained in the Section 3.4.1 and applies a portfolio construction methodology based on fundamental analysis. This rules-based process is based on comprehensive research frameworks developed by the research teams. The Investment Adviser’s portfolio manager does not act independently and his/her investment advice follows the research framework in place
The Manager may take temporary defensive positions that may be inconsistent with the Fund’s principal strategy in attempting to respond to adverse market conditions to protect the Unit Holders’ interest. During the temporary defensive position, the Fund may hold more Shariah-compliant liquid assets. The equity exposures of the Fund are managed with exposures ranging from 70% to 98% depending on the Manager’s assessment of the market and the economic environment. However, the Fund’s equity range may be lower than 70% depending on the Manager’s assessment of the equity market outlook.
The investment strategy involves constructing an eligible investment universe, performing financial analysis for all companies in the investment universe and finally constructing the portfolio.
MSCI AC Asia Pacific NR Index.
The rationale of the benchmark is to reflect the Fund’s regional focus, which is investing in equities of Asia Pacific countries excluding India and Malaysia.
The information on the benchmark can be obtained via MSCI.
Please note that the risk profile of the Fund may be higher than the risk profile of the benchmark.
Suitable for investors who:
- who are seeking exposure to Shariah-compliant listed companies in the Asia Pacific region, excluding India and Malaysia, that have been screened for their performance on ESG topics and the principles of the UNGC;
- who are seeking capital appreciation over medium to long-term period.
- with moderate to high-risk tolerance.
- prefer medium to long-term investment horizon
Suitable for investors who: Distribution of income (if any) is incidental. Distributions, if any, are at the discretion of the Manager and will vary from time to time depending on the availability of realised income for distribution and performance of the Fund.
SCBMB Trustee Berhad
BIMB Investment Management Berhad