Saturna Al-Kawthar Global Focused Equity UCITS ETF - Accumulating
| Issuer: HANetf |
| Asset Class: Equity |
| TER: 75bps |
| Trading Currency: USD |
| Pays Income: False |
| Listing Date: 30 Sep 2020 |
| Ticker: AMAL |
| ISIN: IE00BMYMHS24 |
This actively managed fund offers a targeted approach to global equity investing, adhering strictly to Islamic principles. The investment strategy is centered on long-term capital appreciation by investing in a concentrated portfolio of high-quality, growth-oriented companies from around the world. The fund employs a rigorous, bottom-up stock selection process, focusing on businesses with strong fundamentals, durable competitive advantages, and sustainable growth prospects. A key differentiator is its values-based screening, which excludes companies involved in activities deemed non-compliant with Shariah law, such as conventional finance (interest), alcohol, tobacco, and certain entertainment sectors. This ethical overlay ensures the portfolio aligns with the values of investors seeking Shariah-compliant opportunities.
Beyond the initial Shariah screening, the fund incorporates a comprehensive Environmental, Social, and Governance (ESG) analysis into its investment process. This dual-layered approach aims to identify not only financially sound and ethically compliant companies but also those demonstrating responsible corporate citizenship and sustainable business practices. The portfolio is typically concentrated, holding between 30 to 40 stocks, reflecting the manager's highest-conviction ideas. This focused strategy allows each holding to have a meaningful impact on performance. By combining a growth-at-a-reasonable-price (GARP) philosophy with stringent Islamic and ESG criteria, the fund provides a unique solution for investors looking to achieve capital growth while upholding their ethical and religious beliefs. The global mandate allows the managers the flexibility to seek out the best opportunities across different countries and sectors, aiming to build a resilient and diversified portfolio of world-class businesses.
