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Featured Fund

PUBLIC e-ISLAMIC SUSTAINABLE MILLENNIAL FUND (PeISMF)
Fund Objective
To achieve capital growth over the long term period by investing in Shariah-compliant stocks of companies which incorporate sustainability considerations in their business practices primarily in the environmental and social aspects.
Launch Date
05 November 2019
Performance of PeISMF vs its Benchmark Index Over the Following Periods Ended 29/04/2022
PeISMF (%) Benchmark (%) PeISMF (%) Benchmark (%)
Total Return Annualised Return
6.80 3.81 6.80 3.81
- - - -
- - - -
- - - -
50.81 36.71 18.44 13.75
*Source: Lipper, as at 29 Apr 2022
Performance of PeISMF and Benchmark Index (Since Fund Commencement* to 29/04/2022)
Benchmark: A composite of 90% S&P Global 1200 ESG Shariah Index and 10% 3-Month Islamic Interbank Money Market rate
* Commencement Date - 25 November 2019
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  • Public e-Islamic Sustainable Millennial Fund (PeISMF or the Fund) invests in Shariah-compliant stocks of companies globally that incorporate sustainability considerations in their business practices, primarily in the environmental and social aspects.
  • As at 31 March 2022, 91.7% of PeISMF ’s net asset value (NAV) was invested in Shariah-compliant equities while 8.3% of NAV was invested in Islamic money market instruments. The Fund focused on sectors such as Technology, Communications, Consumer and Financial across the U.S., European and China markets.
  • From its commencement on 25 November 2019 up to 31 March 2022, the Fund registered a total return of +59.85% to outperform its benchmark ’s return of +44.74%. This outperformance was driven by its investments in the Technology, Communications and Consumer sectors which benefitted from resilient consumer spending as well as the increased adoption of e-commerce and remote working amid the new normal.
  • For the 1-year period ended 31 March 2022, the Fund also registered a return of +17.32% to outperform its benchmark ’s return of +13.86%.
  • Going forward, the Fund will look to continue capitalising on the long-term trends of the digital lifestyle and the spending habits of millennials, while focusing on the sustainability practices of the investee companies.


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