Hejaz Enhanced Income Fund

Hejaz Enhanced Income Fund (HEIF) is designed to help generate a steady income stream while maintaining compliance with Islamic investment principles.

Inception Date

March 2021

Fund Size

A$27.95M

As at 28 Feb 2025

Target Return

9% p.a.

Net of fees but before tax

ABOUT FUND

A steady income and attractive returns

Hejaz Enhanced Income Fund (HEIF) is a Shariah-compliant investment fund designed to provide steady income and attractive returns through Islamic investments, including direct debt financing, structured financing, and private credit.

The fund undergoes a rigorous review process, with all investments screened for Shariah compliance and further analysed for financial, credit, and structural sustainability to ensure alignment with Islamic principles.

<h1>A steady income and <em>attractive returns</em></h1>

Fund Features

Inception Date

March 2021

Management Fee

1.30%

Performance Fee

Nil

Min. Initial Investment

$100,000.00

Fund Size* (AUD)

A$27.95M

Unit Price **

A$1.0000

Target Return

9% p.a. (net of fees but before tax)

Income Distribution

Quarterly income distribution

Application Fee

Nil

Investment Horizon

3-5 years (with a minimum 30-month lock in)

Shariah Ethical Standards

Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI)

* Fund size refers to Net Asset Value (after fees), assuming reinvestment of all distributions.

** Post distribution Net Asset Value unit price.

Fund Performance

As of 31 May 2025	1 Month	3 Months	1 Year	Since Inception* (Annualised)
Hejaz Enhanced Income Fund	0.75%	2.25%	9.00%	9.00%

*25th March 2021

Notes:

All return figures refer to the Total Net Return, which is the return after the deduction of ongoing expenses based on end of month NAV, assuming reinvestment of all distributions.
Past performance is not a reliable indicator of future performance.