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The fund is a passively managed ETF, which aims to track the net total return performance of the Dow Jones Islamic Market Developed Markets Index (the Index), less fees, expenses and transaction costs. In order to achieve the investment objective, the fund will employ sampling techniques to closely match the characteristics of the Index. The Index is designed to reflect the performance of stocks traded in developed market countries that pass screens for adherence to Shari'ah investment guidelines based on parameters set out by a Shari'ah supervisory board that has been appointed by the index provider. Income is reinvested into the fund.
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