This feeder fund is a South African domiciled fund. The fund will be fully invested in the dollar-denominated Camissa Islamic Global Equity Fund (domiciled in Ireland), which invests in a diversified portfolio of international equity securities, subject to the statutory investment limitations. The underlying investments will comply with Shariah requirements as prescribed by the Accounting & Auditing Organisation for Islamic Financial Institutions (AAOIFI) and will not invest in any interest-bearing instruments.

The fund aims to achieve optimum risk adjusted total returns by providing investors with exposure to an international collective investment scheme portfolio, comprising a diversified mix of global equity and equity-related securities.

Who should invest?
This fund is suitable for Muslim investors who are in a wealth accumulation phase and seeking a rand-denominated Shariah-compliant portfolio of international equities. Investors would be able to withstand short-term market fluctuations in pursuit of maximum capital growth over the long term.

This fund is available as a tax-free investment option.