Old Mutual Albaraka Equity Fund Fact Sheet

Fund Details
Fund Sector
SA – Equity – General
Assets Under Management (R m) (Mar 2019)
R2 172 R 114 5.2486%
Number of Accounts (Mar 2019)
13 649 158 1.157%
Fund Asset Allocations (R m)
Sector Mar 2019 Dec 2018
Equities R 1 567 R 1 357
    Local    R 1 567    R 1 317
    Foreign    R 0    R 39
Cash Instr. R 35 R 190
    Local    R 35    R 190
    Foreign    R 4    R 6
Property R 14 R 0
On FoF R 566 R 506
Fund Investment Aims, Objective and/or Universe
The fund is strictly managed in accordance with Shari’ah (Islamic Law) and therefore does not invest in shares of companies whose core business involves dealing in alcohol, gambling, non-halaal foodstuffs or interest-bearing instruments.

The Shari’ah Supervisory Board oversees adherence to the applicable Shari’ah principles.This fund specifically adheres to the standards of the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) as interpreted by the Shari’ah Supervisory Board.The fund is a Shari’ah compliant fund which provides investors with cost-effective access to a broad spectrum of local and international listed investment.
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