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Fund Manager:
DWS Investments

Fund Name:
DWS Noor Precious Metals Securities Fund

Research Provider:
Deutsche Bank Group

Launch Date:
Dec-06

Screening (except economy):
Islamic Syariah fund

KEY Characteristics:
As one of the five Islamic funds launched in Singapore, DWS Noor Precious Metals Securities Fund is the first Syariah compliant fund of its kind that invests in gold, platinum, silver and other precious metals securities.

The DWS Noor Islamic Funds apply a Syariah compliant screening process across the entire spectrum of the global investment universe. Investors will benefit from the potential to invest in all regions and sectors and also offer the option to participate in IPO’s. The Syariah advisory service is undertaken by a joint venture between Deutsche Bank, the Oxford Centre for Islamic Studies of Oxford University and investment adviser Russell Wood. The firm provides a holistic oversight over the funds’ legal documents, structure and investment process. The Syariah structuring team responsible for launching the DWS Noor Islamic Funds is based in the Dubai branch of Deutsche Bank to ensure fund managers to respond quickly to changing market conditions.

Additional information:
http://www.db.com/en/content/company/headlines_II_5088.htm



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