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

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.

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

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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Global equities edge up on upbeat earnings; gold falls | Malay MailNEW YORK, Oct 27 — Equity markets gained globally yesterday as upbeat corporate earnings buoyed investor appetite for riskier investments, while gold prices fell nearly 1 per cent. The three major US stock indexes closed modestly higher yesterday, with the Dow Industrials and S&P 500 hitting...
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