Kagiso Global Asset Management ICAV is an Irish collective asset-management vehicle with a registered office in Ireland. It is authorised by the Central Bank to offer mutual funds based in Europe (known as “Undertakings for Collective Investment in Transferable Securities” (UCITS) funds). UCITS funds can be sold to any investor within the European Union under a harmonised regulatory regime.
These UCITS funds are offered by Kagiso Global Asset Management ICAV, with all investment management executed by Kagiso Asset Management (Pty) Ltd. Kagiso Global Asset Management ICAV is entirely independent of Kagiso AssetManagement (Pty) Ltd.
This Sharia-compliant fund aims to provide steady capital growth and a total portfolio return that is better than the average general equity fund.
In order to achieve its objectives, the fund will generally be fully invested in a diversified portfolio of international equity securities, subject to the statutory investment limitations. The underlying investments will comply with Sharia requirements as prescribed by the Accounting & Auditing Organisation for Islamic Financial Institutions (AAQIFI) and will not invest in any interest-bearing instruments.
Who should invest?
This fund is suitable for Muslim investors seeking a Shaira-compliant portfolio of international equities, who are in their wealth accumulation phase. Investors would be able to withstand short-term market fluctuations in pursuit of maximum capital growth over the long term.
Fees and charges (excl. VAT)
Initial fee: 0.00%
Class A: 1.35% pa, Class B: 0.85% pa
Class A $10,000
Class B $1,000,000