Element Islamic Global Equity B

The primary objective of the fund is to achieve long term capital appreciation without concentrating on income requirements and to create an internationally diversified equity portfolio for investors. The investment policy followed by the manager will focus on achieving this growth for investors by investing in international equity securities, listed property, money market instruments and assets in liquid form, that have been approved for investment by the Shari’ah Supervisory Board from time to time.

Key stats

Management firm  Element Unit Trusts
Domicile  South Africa
Global Branding Name  Element Unit Trusts
Fund currency  ZAR
Net Assets Date  2014-10-31
Net Assets  R62,726,142
Launch Date  2012-10-26
ISIN  ZAE000166963
Manager 1 Name  Mohamed Loonat
Fund Strategy  Islamic Global Equity
Benchmark  DJ Islamic World TR USD
Fund Structure  Unit Trust
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-10-31
Return - 1 Month  -4.05%
Return - 2 Months  -0.29 %
Return - 3 Months  -0.80%
Return - 6 Months  6.24 %
Return - 9 months  4.00 %
Return - 12 Months  15.08%
Annualized return 24 months  23.03 %
Annualized return 36 months  0.00 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  22.85%
Return YTD  7.29%

Charges

Initial  0.00 %
Maximum Managment Charge  0.86 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  8th Floor, 125 Buitengracht Street
Contact Address 2  8001
Contact Address 3  PO Box 13, Cape Town
Contact city  Cape Town
Contact country  South Africa
Fund Admin Group  Element Unit Trusts
Web Address  www.elementim.co.za
Email contact  info@elementim.co.za
Phone  +27 (0)21 426 1313

Price

Last Price Date  2014-11-25
Pre-tax nav  1.58
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  R0.01
Price change (percentage)  0.65 %
Guaranteed NAV  0.00000
Close Price  0.00

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Ratings Disclaimer

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