Select the search type
  • Site
  • Web

Featured Fund

Fund Objective
To achieve capital growth over the long term period by investing in a diversified portfolio of stocks that complies with Shariah requirements listed on global markets.
Fund Volatility
Lipper Analytics
10 Nov 2021
Launch Date
26 September 2017
Performance of PISGEF vs its Benchmark Index Over the Following Periods Ended 30/11/2021
PISGEF (%) Benchmark (%) PISGEF (%) Benchmark (%)
Total Return Annualised Return
26.39 24.88 26.39 24.88
78.54 68.66 21.29 19.01
- - - -
- - - -
80.54 73.78 15.39 14.33
*Source: Lipper, as at 30 Nov 2021
Performance of PISGEF and Benchmark Index (Since Fund Commencement* to 30/11/2021)
Benchmark: A composite of 90% S&P Global 1200 Shariah Index and 10% 1-Month Islamic Interbank Money Market (IIMM) rate
* Commencement Date - 16 October 2017

  • Public Islamic Global Equity Fund (PISGEF or the Fund) invests 75% to 98% of its net asset value (NAV) in Shariah-compliant equities globally, offering exposure to growth prospects across the major economic regions.
  • As at 29 October 2021, 90.7% of PISGEF’s NAV was invested in Shariah-compliant equities while 9.3% of NAV was invested in Islamic money market instruments. The Fund focused on sectors such as Technology, Consumer and Communications across the U.S., Japan and European markets.
  • From its commencement on 16 October 2017 up to 29 October 2021, the Fund generated a return of +78.86% to outperform its benchmark’s return of +71.06%. This outperformance was driven by its holdings of Technology, Communications and Consumer stocks which benefitted from the digitalisation trend as well as sustained consumer spending globally.
  • For the 1-year and 3-year periods ended 29 October 2021, the Fund also registered respective returns of +33.56% and +78.08% to outperform its benchmark’s respective returns of +31.48% and +67.96%.
  • Going forward, the Fund will look to continue focusing its investments on sectors that offer long-term growth prospects such as Technology, Communications and Consumer, which are underpinned by the increasingly digitalised lifestyles as well as the expanding global middle-class.

Our investment disclaimer can be viewed here.