The Saaf Ethical Growth Fund is designed to give investors access to global equity and other UCITS eligible higher- risk growth assets.
Direct equities will be hedged into unit price currency to reduce investors exposure to non-domestic currency risk.
Key reasons to Invest
The Fund seeks to achieve this objective by investing into a blend of UK listed equities, balanced with other Collective investment schemes and ETFs that meet the requirements of the mandate for both sharia compliant and growth.
Direct asset GBP exposure will be hedged to a minimum of 50% into the unit class currency for EUR and USD using Tahawwut contracts.
The Fund can move to a maximum of 10% cash should market conditions dictate.