Select the search type
  • Site
  • Web
Search

Featured Fund

PUBLIC ISLAMIC U.S. EQUITY FUND (PIUSEQF)
Fund Objective
To achieve capital growth over the medium to long term period by investing in a portfolio of investments that complies with Shariah requirements.
3-Year
Fund Volatility
16.0
high
Lipper Analytics
10 Sep 2022
Launch Date
10 April 2019
Performance of PIUSEQF vs its Benchmark Index Over the Following Periods Ended 30/09/2022
PIUSEQF (%) Benchmark (%) PIUSEQF (%) Benchmark (%)
Total Return Annualised Return
-9.58 -8.82 -9.58 -8.82
35.65 39.58 10.69 11.74
- - - -
- - - -
40.80 44.06 10.52 11.26
*Source: Lipper, as at 30 Sep 2022
Performance of PIUSEQF and Benchmark Index (Since Fund Commencement* to 30/09/2022)
Benchmark: A composite of 90& S&P United States Shariah LargeCap Index and 10% 3-Month Islamic Interbank Money Market (IIMM) rate
* Commencement Date - 30 April 2019


  • Public Islamic U.S. Equity Fund (PIUSEQF or the Fund) seeks to achieve capital growth over the medium to long-term period by investing in a portfolio of Shariah-compliant investments primarily in the United States (U.S.) market.
  • As at 30 August 2022, 76.9% of PIUSEQF’s net asset value (NAV) was invested in Shariah-compliant equities while 23.1% of NAV was invested in Islamic money market instruments. The Fund focused on sectors such as technology, communications, consumer and energy in the U.S. market.
  • From its commencement on 30 April 2019 up to 30 August 2022, the Fund generated a return of +49.80%, underpinned by its holdings of technology, communications and consumer stocks which benefitted from the digitalisation trend as well as the sustained consumer spending globally.
  • 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 leveraged to the increased digitalisation of the consumer and corporate environments as well as the expanding global middle-class.


Our investment disclaimer can be viewed here.