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Element Islamic Equity Fund

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FRISLMA:SJ
156.02
ZAr
1.12
0.71%
As of 00:59:30 ET on 09/04/2015.
Fund Type
Unit Trust
52Wk Range
150.67 - 197.06
1 Yr Return
-20.29%
YTD Return
-11.80%
Previous Close
157.14
52Wk Range
150.67 - 197.06
1 Yr Return
-20.29%
YTD Return
-11.80%
Fund Type
Unit Trust
Objective
Value Broad Market
Asset Class Focus
Equity
Geographic Focus
South Africa
NAV (on 09/04/2015)
156.02
Total Assets (m ZAR) (on 09/04/2015)
145.117
Inception Date
04/18/2006
Last Dividend (on 04/07/2014)
0.09
Dividend Indicated Gross Yield
-
Fund Managers
MOHAMED SHAFEE LOONAT
Front Load Fee
3.42%
Back Load Fee
-
Redemption Fee
-
12b-1 Fee
-
Current Mgmt Fee
1.71%
Expense Ratio
1.78%
Top Fund Holdings
Name Position Value % of Fund
Element Islamic Global Equity 16.72 m 30.02 m 19.24
BHP Billiton PLC 54.45 k 13.40 m 8.59
RCL Foods Ltd/South Africa 688.21 k 11.80 m 7.56
Sasol Ltd 23.17 k 10.48 m 6.72
MTN Group Ltd 42.87 k 9.75 m 6.25
South32 Ltd 412.00 k 6.91 m 4.43
Tongaat Hulett Ltd 50.89 k 6.46 m 4.14
NewPalladium ETF 66.68 k 5.44 m 3.49
Anglo American PLC 29.88 k 5.38 m 3.45
Gold Fields Ltd 138.95 k 5.35 m 3.43
Profile
Element Islamic Equity Fund is a unit trust incorporated in South Africa. The fund is an actively managed, domestic general equity fund that aims to provide Shari'ah compliant returns. The fund invests in a portfolio of equities listed on the JSE Securities Exchange in accordance with the Islamic Principles approved by the Shari'ah Supervisory Board.
ADDRESS
Element Investment Managers
PO Box 13r
Cape Town
8000
South Africa
PHONE
27-21-426-1313