Hejaz Global Ethical Fund
The Hejaz Global Ethical Fund received a 3.5/5 rating^ by SQM. In SQM Research’s view, the potential for future outperformance in the medium-to-long term is uncertain. Management is generally experienced and displays investment-grade quality.
To achieve a (total) return equal to movements in the CPI plus 3% per annum over a rolling 5 to 7-year timeframe through exposure to a diversified portfolio of Sharia Compliant investments.
1 month | 3 months | 6 months | 1 year | 3 years (% p.a.) | 5 years (p.a.) | Since launch | Since launch (p.a.) | |
---|---|---|---|---|---|---|---|---|
Global Ethical | 0.84% | 0.95% | 5.06% | 7.89% | 2.79% | 3.80% | 39.08% | 4.42% |
Benchmark | 0.27% | 0.97% | 2.07% | 4.47% | 5.77% | 5.37% | 47.01% | 5.19% |
Excess Return | 0.57% | -0.02% | 2.99% | 3.42% | -2.98% | -1.57% | -7.93% | -0.77% |
Investments can go up and down. Past performance is not a reliable indicator of future performance.
Alternatives | 4.2% | |
Australian Equities | 7.6% | |
Australian REITs | 1.3% | |
Compliant Income | 48.0% | |
International Equities | 27.3% | |
International REITs | 4.8% | |
Cash | 6.8% |
Australia | 62.6% | |
Europe | 6.0% | |
Hong Kong | 5.3% | |
International | 0.8% | |
USA | 25.3% |
• Hejaz Global Ethical Fund (HGEF) seeks to achieve moderate capital and income appreciation over a medium to long term by investing in a diversified portfolio with multi-asset strategies. The Fund aims to achieve CPI plus 3% (after fees) per annum.
• Hejaz Global Ethical Fund provides an investment solution to investors seeking Sharia-compliant investing. We apply our asset management expertise, strict screening process, and in combination with the knowledge and advice of Sharia scholars to offer investors a Sharia-compliant portfolio.
• We believe that the searching for the best investment opportunities should not be limited by borders. Hejaz Global Ethical Fund (HGEF) provides investors with exposure to both domestic and international markets. We believe that investment risks can be reduced through adequate diversification.
• Hejaz Global Ethical Fund has zero exposure to highly geared and complex structures. We focus on value (i.e. discount to intrinsic value) and quality (i.e. businesses with healthy fundamentals and good earnings outlook) in the investment selection process.
Hejaz Asset Management Pty Ltd ABN 69 613 618 821 (“Hejaz Asset Management” or the “Investment Manager”) is an Australian based fund manager specialising in Sharia ethical and compliant investments.
Hejaz Asset Management are specialists in:
• Offering boutique ethical advisory and investment services.
• Providing expertise in the sciences of Islamic jurisprudence, specifically Islamic finance and investments.
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