| The flagship fixed-income fund's objective is to generate regular income as well as achieve capital appreciation by investing in globally-diversified Shari’ah-compliant fixed-income securities (Sukuk) issued by sovereign, quasi-sovereign and corporate organisations.
The structure of the fund is open-ended and the initial offering period will last for one month beginning February 19, 2012. Investors will be able to allot a minimum subscription of $10,000 at an initial NAV of $10 per unit, representing one of the market's lowest subscription amounts...............................................Full Article: Source |