Hejaz Global Ethical Fund
Australia’s largest single standalone Islamic fund
At a glance
Expected growth
Increase your wealth with investment returns by investing in Islamically compliant portfolios.
Halal
Islamically compliant investments with zero compromise on investment performance.
Social impact
Strategic exposure to investments with positive social benefits.
Investment style and strategy
The fund seeks to achieve moderate capital and income appreciation over the medium to long term by investing in a diversified portfolio with multiasset strategies. The Fund aims to achieve CPI plus 3% (after fees) per annum.
We integrate moral values and socio-economic justice with a balance between financial and spiritual needs through incorporating ethical foundations across all investment decision-making processes.
The fund provides an investment solution to investors seeking Shariah-compliant investing. We apply our asset management expertise, strict screening process, and in combination with the knowledge and advice of Shariah scholars to offer investors a Shariah-compliant portfolio.
Fund features
as at 30 April 2023
Minimum Investment
$10,000
Entry/Exit Fees
NIL
Recommended Timeframe
3-5 Years
Unit Price Update
Daily
Risk Level
Balanced
Target Return*
7%
Redemption
30-Days
Fund Size**
$152.76M
*This may change depending on market circumstances
**Fund size refers to fund Net Asset Value (NAV)
A full explanation of all the fees and costs that you may be charged for investing in the Fund is provided in the Fund’s Product Disclosure Statement and Target Market Determination.
Asset Allocation
as at 30 April 2023
Australian Equities 14.2%
International Equities 37.0%
AU Property Securities 2.4%
Int Property Securities 4.2%
Compliant Income 40.0%
Cash 2.2%
*The Fund may maintain an exposure to the asset allocation via investments in underlying funds
| As at 30 April 2023 | 1 month (%) | 3 months (%) | 1 year (%) | 3 years (p.a. %) | Inception (p.a. %) |
|---|---|---|---|---|---|
| Total Net Return | -0.04 | -0.88 | -2.19 | 3.21 | 3.55 |
| Target (CPI + 3% p.a.) | 0.73 | 2.34 | 9.81 | 6.57 | 5.72 |
| Excess Return | -0.77 | -3.22 | -12.00 | -3.35 | -2.18 |
Notes:
- The portfolio’s inception date for performance calculation purposes is 15 July 2017.
- CPI+3% per annum is adopted to calculate the benchmark return.
- Total Net Return is the Fund return after the deduction of ongoing expenses based on end of month NAV unit price assuming reinvestment of all distributions.
- Past performance is not a reliable indicator of future performance
See if the Global Ethical Fund is suitable for you with our Risk Profile Quiz
Making it easy to grow your wealth
When it comes to investing, a little can go a long way. Hejaz makes it easy to invest regularly.
Important information about this calculator, and the assumption on which it is based
This calculator demonstrates the effect of compounding to illustrate how regularly investing small amounts can help you reach your financial goals over the medium to long term. It is not a prediction and your actual outcome when investing will be different, including that your investment returns could be negative.
This calculator is based on specific assumptions and limitations, including that your selected return rate will compound annually and that investment returns are reinvested. It does not take into account the impact of fees or taxes.
Investment returns will vary based on your investment strategy, as well as the asset class and specific product you’ve chosen and how the assets in that portfolio perform. This calculator is not a substitute for professional advice and shouldn’t be relied upon for making a financial decision.
How do I get started?
Apply Online
Apply now by completing our online application form
Schedule a call
Speak with our investment consultants
What happens next?
You’ll get access to your account online
After applying you, will get online access with many great features:
Notifications and emails to keep you informed
Investment information and progress tracking
Access to all your transactions and statements