The Fund is an Islamic equity growth fund that is actively managed based on both quantitative and qualitative disciplines. Its strategy is to invest in Shariah-compliant securities that are likely to yield higher earnings growth than the market average.
 
The Fund adopts a theme-based approach defined as a growth trend driven by innovation or imbalances and changes in the economy. These themes play out over the medium to longer term and cannot be corrected or fulfilled in the short term.
 
The Fund’s unique theme-based approach could be summarized as a 4-step process:
Identify – Identifying themes by trends;
Specify – Specifying sectors making up the trend;
Quantify – Establishing potential size of market and growth;
Classify – Selecting Shariah-compliant related stocks and grouping them.
 
Thus the theme-based approach is able to capture the above average growth prospect which is driven and sustained by the identified themes.
 
The investment process for the Fund is designed to identify undervalued quality growth Shariah-compliant securities which are just about to embark in aggressive growth phase. Investment process is characterized by a well-designed balance of top down and bottom up decision making taking the specifics of the different sectors into account.