Principal Islamic Asset Management- Islamic Global Multi-Asset A USD Inc plus
Fund
ISIN IE000AX6OF86 / Valor 11871088
NAV (2024-05-10)
USD 10.77+0.37%
Principal Islamic Asset Management- Islamic Global Multi-Asset A USD Inc plus
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General Objective
The fund aims to provide investors with income and capital growth over the medium to long term by investing in a diversified portfolio of global Shariah-compliant instruments.
Fund Exposure
The fund is exposed to a mix of asset classes including fixed income, equities, and cash alternatives. Geographically, the fund has exposure to countries such as the United States, France, Canada, and Japan. Sector-wise, the fund is invested in sectors like information technology, healthcare, and energy.
Risks
Investors should be aware that past performance is not a reliable indicator of future performance. Additionally, the fund may be subject to risks associated with fluctuations in the value of the underlying securities, market volatility, and currency exchange rate fluctuations.