•  Visio BCI Shariah Worldwide Flexible Property Fund (A)

0.35  /  0.35%

101.37

NAV on 2021/06/14
NAV on 2021/06/11 101.02
52 week high on 2021/06/14 101.37
52 week low on 2021/06/09 99.88
Total Expense Ratio on 0
Total Expense Ratio (performance fee) on 0
NAV
Incl Dividends
1 month change 0% 0%
3 month change 0% 0%
6 month change 0% 0%
1 year change 0% 0%
5 year change 0% 0%
10 year change 0% 0%
Price data is updated once a day.
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  • Sectoral allocations
  • Top five holdings
  • Performance against peers
  • Fund data  
Management company:
Boutique Collective Investments (RF) (Pty) Ltd.
Formation date:
2021/06/01
ISIN code:
ZAE000294237
Short name:
U-VISSHAW
Risk:
Unknown
Sector:
Worldwide--Equity--Unclassified
Benchmark:
IdealRatings Global REITs Islamic Index
Email
clientservices@bcis.co.za

Website
http://www.bcis.co.za

Telephone
021-007-1500

  • Fund management  
Visio Fund Management (Pty) Ltd.


  • Fund manager's comment
No fund manager's comment available.
  • Fund focus and objective  
The objective of the Visio BCI Shari'ah Worldwide Flexible Property Fund is to achieve moderate to high long-term capital growth by investing primarily in local and global property companies that comply with Shari'ah (Islamic Law) and the standards prescribed by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). The portfolio investments shall be Shari'ah compliant and approved for investment by the Shariah Supervisory Board (SSB) or Shariah Advisory Committee (SAC) from time to time.
The investable universe of the portfolio will include equity and property securities, including companies that derive a material portion of their income from property investment, property collective investment schemes, property loan stock, preference shares, income generating instruments, non-equity securities, assets in liquid form and any other securities which are considered to be consistent with the portfolio's investment objective as allowed by the Act from time to time.
The portfolio may invest in participatory interests and other forms of participation in portfolios of collective investment schemes or other similar schemes operated in territories with a regulatory environment which is to the satisfaction of the manager and trustee of a sufficient standard to provide investor protection at least equivalent to that in South Africa and which is consistent with the portfolio's primary objective. Subject to the compliance with Shari'ah (Islamic Law) and the standards prescribed by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) the portfolio may from time to time invest in listed and unlisted financial instruments, in accordance with the provisions of the Act, and the Regulations thereto, as amended from time to time, in order to achieve the portfolio's investment objective.
The manager shall have the maximum flexibility to vary assets between the various markets and countries to reflect the changing economic and market conditions. The Trustee shall ensure that the investment policy set out in this Supplemental Deed is carried out. For the purpose of this portfolio, the manager shall reserve the right to close the portfolio to new investors on a date determined by the manager. This will be done in order to be able to manage the portfolio in accordance with its mandate. The manager may, once a portfolio has been closed, open that portfolio again to new investors on a date determined by the manager.
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