SABB Amanah Global Equity Index Fund

 

SABB Amanah Global Equity Index Fund  from SABB aims to provide long-term capital appreciation by investing in a well-diversified global portfolio of Shariah-compliant equities.

The Fund endeavors to closely track the Dow Jones Islamic Market Titans 100 Index by investing in the component of the Index.

Fund Objective

To provide long-term appreciation of capital through investment in a well-diversified portfolio of Shariah compliant equities listed worldwide.
The equities are constituent on the Dow Jones Islamic Market Index Titan 100.

Key Features

Currency

US Dollars

Minimum Investment Subscription

US$ 2,000

Issue Price

US$ 10 per share

Fund Type

Open-ended

Management Fee and charges

1.25% p.a.

Subscription / Redemption

Weekly

 

Fund Manager

SABB's, Asset Management Division, will manage the Amanah Global Equity Index Fund. The Fund aims to track the performance of the Dow Jones Islamic Market Titans 100 Index through a conservative full replication strategy.

Shariah Supervisory Committee

The following well renowned and respected scholars represent the Shariah Supervisory Committee of SABB:

  • Sheikh Abdullah Bin Sulaiman Al Manea
  • Sheikh Dr. Abdullah Al Mutlaq
  • Sheikh Dr. Muhammed A. Elgari Bin Eid

Contact us

Please visit any of SABB branches or call SABB Direct on toll free

                      800 124 1212