MIIETF

Mahaana Islamic Index ETF
Share price
Asset class

-

Management style

Active

Risk / reward scale
MTD

-

Expense ratio

-

(MTD)

-

(YTD)

Overview

Key facts

Fund size
PKR 153.4 mn
Launch date
Jul 20, 2023
Fund category
Open-end Shariah Compliant Equity ETF
Fund manager
Mubashir Zuberi, CFA
Investment objective
Investment objective is to provide competitive equity market returns with maximum tracking of broader Islamic index at lowest possible costs.
Benchmark
Mahaana Islamic Index
Authorized Participant
JS Global Capital Limited
Management Fee
Up to 1% of average net assets during the month
Fund auditors
BDO Ebrahim & Co.
Fund stability rating
N/A

Product summary

MIIETF is a Shariah-compliant equity index fund that primarily invests in the top 30, free float weighted Islamic stocks that have an annual average turnover of more than PKR 10 million. MIIETF provides investors the long term benefits of equity markets.

Performance

Total returns

-
MTD
YTD
90 DAYS
1 YEAR

Portfolio composition

Asset allocation

TYPE
Percentage (%)

Sector allocation

Rating
Percentage (%)

Top 10 holdings

Instrument
Percentage (%)

Distributions

date
TYPE
PKR/Unit
ex-NAV
YIELD (%)

Fund literature

Offering document

download
Download

Fund manager reports

Report Name