etica shariah Fund
(KES)
Etica Shariah Fund (KES)
The investment objective of Etica Shariah Fund (KES) is to obtain regular income by investing in investment opportunities that observe principles of Islamic finance.
The fund aims to outperform income levels available on short to medium term shariah compliant investment opportunities.
| Key Facts | |
|---|---|
|
Currency |
KES |
|
Lock-in period |
No lock-in period |
|
Management Fee |
2.0% p.a |
|
Initial Fees |
NIL |
|
Benchmark |
Average Rate of Shariah Compliant 3-Months Deposit 2.0% p.a |
|
Min. Investment Amount |
KES 100.0 |
|
Compounding Frequency |
Daily |
|
Trustee |
Co-operative Bank Kenya Ltd |
|
Custodian |
Equity Bank Kenya Ltd |
|
Fund Manager |
Etica Capital Ltd |
|
Regulator |
Capital Markets Authority |
Disclaimer: Yield Shown is net of all fees but gross of withholding tax. The past performance is no indication of future performance as the price of units may go up as well as down. The Capital Market Authority does not take responsibility for the financial soundness of the schemes or the correctness of any statements made or opinions expressed.