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Al-Khair Global Equity Fund is an open-ended fund, enabling investors to capitalize on diversified global stock markets and the expertise offered by AlJazira Capital. Fund's activities are all in agreement with Shariah principles, and imparting the benefits of a far-reaching experience that is enjoyed by our professionals.
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| How the Fund is managed? |
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Investment diversification is the prime factor in risk management. To do that, a unique strategy and professional resolve is undertaken by the fund's manager to assess the positive and negative market states. By strictly observing the fund’s strategy, the fund manager select the most appropriate assets that will be exchanged.
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| Aim of the Fund |
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The aim of the fund is to capitalize on the appreciation of the equity markets over the long term and to benefit from global diversification, and this is achieved through investing fund's assets in blue-chip and growth stocks global wide.
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Strategy of the Fund
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The Fund holds stocks that have been carefully chosen to comply with the regulations of Islamic principles. In addition to joining the international stock market, it enables investors to gain returns over a long-term period. The fund will pursue its aim of buying and selling stocks in the international stock markets of America, Europe, Asia, Latin America, Africa, and the Pacific Rim.
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Liquid investment of the fund derives from surpluses from profit making ventures. The fund expects to realize a return in excess of the Dow Jones Islamic Market World (DJIM World) Index.
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| Benefits of the Fund: |
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- The prospect of increased capital over a long term period that is proportionally higher than the index set by Dow Jones Islamic Market World (DJIM World) Index.
- Having the chance and opportunity to invest in international markets under the management and supervision of global experts specialized in that field.
- The prospect of subscription set at a lower limit – that of US$2,000.
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| Fees |
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The fund pays the following fees to the fund management as wages in return for the services that it offers:
- Subscription fees: 2% of total subscription amount.
- Management fees: 1.50% yearly on the basic net stock value of the fund’s shares.
- Administration & Custody fees: 0.33% yearly on the basic net stock value of the fund’s shares.
- Performance fees: 20% of the difference between the fund's performance and the benchmark in case of positive outperforming. (Please refer to the terms & conditions for more details)
- The fund bears all other costs associated with regulations, marketing and management
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| Notice: |
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As described in the terms and conditions in the agreement, Fund is designed for investors who have knowledge and expertise of the stock market. Investors should understand that analyzing the returns of previous years is an indicator of how the fund might perform. However, this does not mean that previous returns are a guarantee of any future achievements. The fund’s share prices can either increase or a decrease, and there are no guarantees for any return on capital. We also wish to draw the investors’ attention to the risks mentioned in the terms and conditions of the fund’s agreement.
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| General Information |
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Fund's details are written in the Terms and Conditions booklet, which must be read carefully and thoroughly by any investor.
AlKhair Terms and Conditions
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