The investment objective of the fund is to provide exposure to the performance of large and mid capitalisation companies, that pass screens for adherence to Shariah investment principles, from global developed and emerging markets. In order to achieve the investment objective, the fund will seek to achieve the net total return performance of the MSCI ACWI Islamic M-Series Index. In tracking the Reference Index, the Investment Manager will apply a sampling strategy, which includes the use of quantitative analysis, to select securities from the Reference Index using factors such as country weights, industry sectors and liquidity. Income is reinvested into the fund.
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