Hejaz Income Fund

 

Fund Features

Information

Inception Date28 January 2022
Minimum Initial Investment$10000
Fund size$110.49m
Price$0.9923
BenchmarkNameBloomberg AusBond Bank Bill Index + 2% p.a.
Income DistributionReinvested quarterly unless
otherwise specified
Investment Horizon5-7 years
Sharia Ethical StandardsAccounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI)

Fees

Management Fee1.77%
Buy/Sell Spread20/20 bpts.

Platform Availability

Acclaim Wealth 
Hub24 

Research House Ratings

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The Hejaz Income fund received a 4/5 rating^ by SQM. In SQM Research’s view, the Fund has an appreciable potential to outperform over the medium-to-long term. Management is of a high calibre.

Investment Objective

To achieve a (total) return equal to movements in the Hejaz Bank Bill Index + 2% over a rolling 5 to 7-year timeframe through exposure to a diversified portfolio of Sharia Compliant fixed income 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.)
Income0.54%1.82%3.58%7.70%7.15%-23.50%7.08%
Benchmark0.52%1.58%3.22%6.55%5.63%-18.05%5.53%
Excess Return0.02%0.24%0.36%1.15%1.52%-5.45%1.55%

Investments can go up and down. Past performance is not a reliable indicator of future performance.

Portfolio Allocation by Asset Class

Breakdown pie chart
Corporate Finance33.6%
Property44.3%
Cash7.8%
Other14.3%

Allocation by Geographic Exposure

Breakdown pie chart
Australia100.0%

Portfolio Allocation by Sector

Breakdown pie chart
Senior Structured99.4%
Subordinated0.6%

Fund Features

Hejaz Income Fund (“HIF”) is an investment fund designed with the aim of generating a steady income while maintaining the highest ethical investment standards.

• Hejaz Income Fund is designed with the aim of providing investors with regular income and attractive returns through Sharia compliant investments. The underlying investment exposure includes but not limited to, secured private finance products, structured listed/unlisted institutional income instruments and term deposits.

• The Investment Manager identifies and assesses the most appropriate opportunities through a disciplined review process and ethical screens. As part of the due diligence process, all proposed investments undergo a strict Sharia compliant testing to ensure eligibility.

• After passing the ethical screening process, the manager then conduct further analysis on the prospective investment, focusing on Finance, Credit and Structuring rules to ensure sustainability to the Portfolio.

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 Income Fund
Factsheet


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