To seek to achieve moderate capital appreciation and income growth by investing in selected funds that comply with ethical and moral considerations of Shari'ah governed investments.
The Oasis Crescent Balanced Progressive Fund of Funds is a specialist, asset allocation prudential portfolio. The primary objective is to provide medium to long term capital appreciation, and the secondary objective is to provide income based on a selection of underlying investments that comply with ethical and moral considerations. To achieve this objective, the portfolio will be well diversified by asset class in accordance with the existing prudential investment regulation. The portfolio will have a medium equity exposure commensurate with that typically displayed by an asset allocation prudential medium equity portfolio in accordance with the ASISA Fund Classification Code for South African Collective Investment Portfolios.