Definition
Is a type of Sharia Mutual Fund in the form of a Collective Investment Contract which invests in offshore Sharia-compliant equity securities in accordance with its investment policy and in compliance with Sharia Principles in the Capital Market.
Investment Objective
Batavia US Franchise Sharia Equity USD has an investment objective to provide Unit Holders with potential returns derived from investment instruments in accordance with the Investment Policy of Batavia US Franchise Sharia Equity USD and in compliance with Sharia Principles in the Capital Market.
Investment Policy
| Sharia-compliant Equity Securities contained in Sharia Securities List | 80%-100% |
| Sharia Money Market instruments, and/or Sharia Time Deposit | 0%-20% |
| Sharia offshore compliant equity securities included in Sharia Securities List issued by Sharia Securities List Issuer | Minimum 51% |
Performance Chart