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Featured Fund
PUBLIC e-ISLAMIC PIONEER ENTREPRENEUR 40 FUND (PeIPE40F)
Fund Objective
To achieve capital growth over the long term.
3-Year
Fund Volatility
Fund Volatility
18.4
very high
Lipper Analytics
10 Mar 2025
Launch Date
21 April 2021
Performance of PeIPE40F vs its Benchmark Index Over the Following Periods Ended 28/03/2025
| PeIPE40F (%) | Benchmark (%) | PeIPE40F (%) | Benchmark (%) | |
|---|---|---|---|---|
| Total Return | Annualised Return | |||
| 1-Year | -1.93 | 0.78 | -1.93 | 0.78 |
| 3-Year | 20.53 | 20.26 | 6.44 | 6.35 |
| 5-Year | - | - | - | - |
| 10-Year | - | - | - | - |
| Since Commencement | 12.00 | 20.85 | 2.96 | 5.00 |
*Source: Lipper, as at 28/03/2025
Performance of PeIPE40F and Benchmark Index (Since Fund Commencement* to 28/03/2025)
Benchmark: A composite of 50% S&P United States LargeCap Shariah Index, 30% customised index by S&P Dow Jones Indices, LLC based on top 100 constituents by market capitalisation of the S&P Shariah BMI Asia Ex-Japan Index, 10% customised index by S&P Dow Jones Indices, LLC based on top 20 constituents by market capitalisation of the S&P BMI Shariah Japan Index and 10% 1-Month Islamic Interbank Money Market (IIMM) rate
* Commencement Date - 11 May 2021
* Commencement Date - 11 May 2021
- Public e-Islamic Pioneer Entrepreneur 40 Fund (PeIPE40F or the Fund) invests 75% to 98% of its net asset value (NAV) primarily in and up to a maximum of 40 Shariah-compliant pioneer entrepreneur stocks. These refer to Shariah-compliant stocks of companies whereby the founder of the company is part of the company’s management team and/or sits on the company’s board of directors at the point of purchase. Up to 20% of the Fund’s NAV may be invested in other Shariah-compliant stocks listed on the global markets.
- As at 31 January 2025, 86.8% of PeIPE40F’s NAV was invested in Shariah-compliant equities while 13.2% of its NAV was invested in Islamic money market instruments. The Fund focused on the technology, communications, consumer and industrial sectors mainly in the U.S. and North Asian markets.
- For the 1-year period ended 31 January 2025, the Fund registered a return of +20.52% to outperform its benchmark’s return of +13.04%. This outperformance was led by the Fund’s holdings of selected communications and technology stocks which benefitted from the proliferation of artificial intelligence (AI) and other digitalisation trends.
- Going forward, the Fund will continue to focus on sectors which offer long-term growth prospects such as technology and communications within the global markets.
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