Element Islamic Equity B

The Element Islamic Equity Fund is an actively managed, domestic general equity fund that aims to provide Shari’ah compliant returns. Element Investment Managers signed the United Nations Principles for Responsible Investment (PRI) in May 2006. In signing the PRI, we have committed to adopt and implement them where consistent with our fiduciary responsibilities. We believe that this improves our ability to meet commitments to investors as well as better align our investment activities with the broader interests of society. Element Investment Managers was the first South African investment manager to sign the PRI.

Key stats

Management firm  Element Unit Trusts
Domicile  South Africa
Global Branding Name  Element Unit Trusts
Fund currency  ZAR
Net Assets Date  2014-09-30
Net Assets  R188,996,376
Launch Date  2006-02-01
ISIN  ZAE000076915
Manager 1 Name  Mohamed Loonat
Fund Strategy  Islamic Equity - Other
Benchmark  FTSE/JSE Shariah All Share PR ZAR
Fund Structure  Unit Trust
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-09-30
Return - 1 Month  -4.41%
Return - 2 Months  -4.49 %
Return - 3 Months  -2.39%
Return - 6 Months  1.86 %
Return - 9 months  7.83 %
Return - 12 Months  10.10%
Annualized return 24 months  7.93 %
Annualized return 36 months  7.03 %
Annualized return 48 months  5.79 %
Annualized return 60 months  6.05 %
Return 120 months  0.00 %
Annualized return since Inception  7.72%
Return YTD  7.83%

Charges

Initial  0.00 %
Maximum Managment Charge  0.00 %
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  2014-10-16
Pre-tax nav  1.72
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  R-0.02
Price change (percentage)  -1.29 %
Guaranteed NAV  0.00000
Close Price  0.00

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