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The GCC economies are a zero -inflation environment with
vast current account surpluses, pegged currencies, and very
low interest rates. This provides the region with a sustainable,
long-term investment potential. The fund is poised to take
full advantage of the potential in a Shariah compliant manner.
Revisions and modifications to the fund are made every six
months.
Investment Objective
To provide medium to long-term capital growth by investing
in Shariah-compliant stocks in the GCC region.
Investment Strategy
The TAIB GCC Islamic Index Fund focuses on providing investors
with a diversified and stable investment portfolio of Shariah-compliant
stocks. All equities are recommended, selected, and certified
based on the counsel of a renowned Shariah scholar. All stocks
are consistently monitored to ensure Shariah compliance.
Investment Manager
TAIB BANK B.S.C.(c)
Custodian
TAIB Bank B.S.C.(C).
Administrators
Gulf Clearing Company, Bahrain
Principal Features
Type of Fund
Open-ended
Minimum Subscription
US$ 100,000
Valuation
Weekly
Entry
Weekly
Subscription Fee
2% (Units will be issued for balance)
Redemption
Monthly at NAV
Management Fee
1% p.a. of average fortnightly NAV
Performance
Chart
Please Contact: Thomas Kelly : 973 17549409
Maria Sofia Kourti
: 973 17549414
E mail: funds@taib.com
" The above summary constitutes neither an offer to sell
nor a solicitation to invest in the TAIB GCC Islamic Index Fund.
Offers to sell or solicitations to invest in the TAIB GCC Islamic Index Fund are made only by means of the TAIB GCC Islamic Index Fund Prospectus and an investor considering an investment
in the TAIB GCC Islamic Index Fund should rely solely upon the
Prospectus. Please note that investment restrictions apply.
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