AMAL
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Equity
SATURNA AL-KAWTHAR GLOBAL FOCUSED EQUITY UCITS ETF - ACC
TER (bps):
75
AUM (USD m):
15
ISIN:
IE00BMYMHS24
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
Global
As of:
11 Nov 2024
Climate Fund:
No
Benchmark
The actively-managed Almalia Sanlam Active Shariah Global Equity UCITS ETF is a UCITS compliant exchange traded fund domiciled in Ireland. The fund aims to achieve capital growth over the medium to long term, whilst complying with the Principles of Shariah Investment. The AMAL ETF is an active fund managed by Sanlam Investment Managers that invests in best of class, high quality companies with strong growth prospects, durable business models, sustainable revenue and free cash flow. It focuses on 20-35 companies with high returns on capital, low leverage, enduring businesses with a sustainable competitive advantage that produce significant free cash flow after capital expenditure.