SC Global Sukuk Fund pursues an active investment and discretionary strategy by investing in a diversified portfolio of sukuks and other income and trade finance funds in accordance with Shariah guidelines.
The fund’s investment objective is to outperform the Dow Jones Sukuk Total Return (ex-Reinvestment) Index (Bloomberg Ticker: DJSUKTXR Index) and aims to achieve its objective by investing mainly in a diversified portfolio of USD denominated sukuk bonds.
The fund invests directly in permitted asset classes — notably Shariah-compliant fixed income instruments — such as sukuk and/or in short term murabaha transactions. The fund may also hold cash and cash equivalents on an ancillary basis.
