Hejaz Global Ethical Fund

 

Fund Features

Information

Inception Date15 July 2017
Minimum Initial Investment$10000
Fund size$189.73m
Price$1.1283
BenchmarkNameCPI plus 3% p.a
Income DistributionRe-investment
Investment Horizon5-7 years
Sharia Ethical StandardsAccounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI)

Fees

Performance Fee0.26% p.a. of the NAV of the fund
Management Fee1.74%
Buy/Sell Spread20/20 bpts.

Platform Availability

Acclaim Wealth 
Hub24 
Netwealth 

Research House Ratings

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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.

Investment Objective

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.

Portfolio Managers

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Hakan Ozyon is a highly accomplished investment professional with over a decade of experience in the industry, with a unique expertise in managing Islamically compliant investment portfolios across various asset classes such as equities, property, fixed income, and alternatives. Throughout his career, he has consistently demonstrated his ability to deliver strong returns for his clients through careful analysis of market trends and identification of growth opportunities. As the CIO and Senior Portfolio Manager, Hakan has proven himself as a reliable and successful asset to his clients. In addition to his expertise in financial markets, Hakan is also highly proficient in risk management and has a deep understanding of the complex regulations that govern the industry. He is known for his ability to make informed, strategic decisions that drive success for his clients, and is a respected leader in his field. Hakan's comprehensive understanding of market trends and the economy, combined with his strong analytical skills and attention to detail, make him a valuable asset to the Hejaz Investment Management Team. Hakan holds extensive qualifications including Executive Master of Business Administration (eMBA), Master of Professional Accounting (MPA), Bachelor of Business (Economics and Finance), Diploma of Financial Services, Certified Islamic Finance Executive, and Diploma of Islamic Studies.
Hakan Ozyon

Cumulative Performance

ResetPerformance line chart
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Cumulative Performance

1 month3 months6 months1 year3 years (% p.a.)5 years (p.a.)Since launchSince launch (p.a.)
Global Ethical0.84%0.95%5.06%7.89%2.79%3.80%39.08%4.42%
Benchmark0.27%0.97%2.07%4.47%5.77%5.37%47.01%5.19%
Excess Return0.57%-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.

Portfolio Allocation by Asset Class

Breakdown pie chart
Alternatives4.2%
Australian Equities7.6%
Australian REITs1.3%
Compliant Income48.0%
International Equities27.3%
International REITs4.8%
Cash6.8%

Allocation by Geographic Exposure

Breakdown pie chart
Australia62.6%
Europe6.0%
Hong Kong5.3%
International0.8%
USA25.3%

Fund Features

• 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.

About the Investment Manager

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.

NameHejaz Global Ethical Fund
Factsheet


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