Fund Manager:
Public Mutual Bhd

Fund Name:
Public Islamic Equity (hedge)

Launch Date:
May-03

Screening (except economy):
Islamic Syariah fund

KEY Characteristics:
The scope of investments in the fund is confined to assets that are deemed in compliance with Syariah principles. For securities listed on the KLSE, compliance to the Principles are primarily determined by the Syariah Advisory Council of the Securities Commision. Otherwise, the Syariah Advisers of the fund are consulted to ascertain their state of compliance. The fund seeks to achieve the long-term goal of capital growth by maintaning a high level of exposure to equities of 80% and above at all times.

The equity investment of the fund primarily focuses on a diversified portfolio of index-linked companies, blue chip stocks and companies with growth prospects that are listed on the KLSE. The fund has investments in Islamic debt securities and may consider investing in unlisted equities, particularly in companies that are expected to seek listing on the KLSE within two years. To mitigate risks, the fund may also invest in futures and options contracts to hedge against market volatility.

Additional information:
http://invest.com.my/game/funds/fund-one?fund_id=92