ProductsSC US Equities Passive Fund

Overview

SC US Equities Passive Fund invests directly in all or most of the underlying equity securities of the Dow Jones Islamic Market US Total Return Index. The Fund attempts to replicate the weightings in the benchmark, while complying with Shariah investment guidelines.

Fund domicile: Luxembourg (UCITs)
Fund currency: USD
Asset class: Public Equity
Inception date: 31/05/2012 and the merger date to UCITs was in July 14, 2023.
Fund term: Unlimited duration
Investment style: Passive strategy
Benchmark: Dow Jones Islamic Market US 5/10/40 Capped Index TR (Bloomberg ticker code: DJIUSUUT).
Investment manager: State Street Global Advisors Europe Limited

Investment objective:

The Fund’s investment objective is to achieve long-term capital appreciation.

Investment policy:

The Fund aims to invest directly, in accordance with the Shariah Investment Guidelines and the Investment Restrictions, in all or substantially all of the underlying equity securities of the Dow Jones Islamic Market US 5/10/40 Capped Index TR (Bloomberg ticker code: DJIUSUUT).
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