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.
The Fund’s investment objective is to achieve long-term capital appreciation.
The Fund invests directly in all or substantially all of the underlying equity securities of the Dow Jones Islamic Market US Total Return Index (Bloomberg ticker code: IMUST) (the ‘benchmark’). The Fund attempts to replicate the weightings in the benchmark, while complying with Shariah investment guidelines.