MALAYSIA: KAF Investment Funds (KIFB), a fund manager, has launched the KAF Global Islamic Equity Fund, offering exposure to Shariah compliant equities across developed and emerging markets. The minimum initial investment is RM1,000 (US$251.6), while the minimum subsequent investment amount is RM100 (US$25.16).
The fund will focus on long-term structural themes like AI, EVs, energy transition, software innovation and changing consumer trends. The fund is benchmarked against the Dow Jones Islamic Market World Index in Malaysian ringgit terms.
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