The Fund aims to invest directly, in accordance with the Shariah Investment Guidelines and the Investment Restrictions, in equity or equity related assets of companies (i) whose operations are focused mainly in, or which derive a significant amount of revenue from China, Hong Kong or Macau and (ii) which are listed in China, Hong Kong or the United States of America.
The investment objective of the Fund is to seek capital appreciation and aims to outperform the Dow Jones Islamic China LowCap Total Return Index in USD (Bloomberg ticker code: DJIMCYUT) (the “Benchmark”) over a full market cycle (being a period of time that spans a full business and economic cycle, which may include periods of rising and declining with raising periods generally lasting 4 to 5 years).