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PMB Investment targets RM10-15mil fund size for Shariah Global Equity Fund by year-end

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The fund would provide Malaysian investors with access to an actively managed portfolio of global Shariah-compliant securities.

PMB Investment chief executive officer Mahani Ibrahim said the fund would provide Malaysian investors with access to an actively managed portfolio of global Shariah-compliant securities.

"It is suitable for investors with medium to high risk tolerance level,” she said in a virtual press conference on PMBSGEF today. Meanwhile, Mahani said PMB Investment is also targeting to grow PMBSGEF fund size to RM25 million to RM50 million within a year after launching. "The fund is available now for purchase at 50 sen per unit for a limited time from our unit trust consultants or through our nationwide offices,” she said.

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Does Shariah compliant also cover corruption? So they will exclude Corrupt companies?

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