Hejaz Global Ethical Fund
To achieve a total return equal to movements in the CPI plus 3% per annum over a rolling 5 to 7-year time frame through exposure to a diversified portfolio of Sharia Compliant investments.
Hejaz Global Ethical Fund (HGEF) seeks to achieve moderate capital and income appreciation over a medium to long term by investing in a diversified portfolio with multi-asset strategies.
The Fund aims to achieve CPI plus 3% (after fees) per annum.
- We integrate moral values and socio-economic justice with a balance between the financial and spiritual needs through incorporating ethical foundations across all investment decision-making processes.
- HGEF provides an investment solution to investors seeking Sharia-compliant investing. We apply our asset management expertise, strict screening process, and in combination with the knowledge and advice of Sharia scholars to offer investors a Sharia-compliant portfolio.
- We believe that searching for the best investment opportunities should not be limited by borders. HGEF provides investors with exposure to both domestic and international markets. We believe that investment risks can be reduced through adequate diversification.
- HGEF has a strong capital preservation element with zero exposure to highly geared and complex structures. We focus on value (i.e. discount to intrinsic value) and quality (i.e. businesses with healthy fundamentals and good earnings outlook) in the investment selection process.
To achieve a [total] return equal to movements in the Consumer Price Index (“CPI”) plus 3% per annum over a rolling 5 to 7-year timeframe through exposure to a diversified portfolio of Sharia Compliant investments.
The Fund’s investment approach is to research, screen, and then select quality investments, across multiple sectors including Australian equities, international equities, global property securities, alternative assets, compliant bonds and cash.
The Fund applies a rigorous and robust investment approach that encompasses an analysis of both quantitative and qualitative factors. It adopts an adaptive investment style by considering investments in terms of value, quality, and growth, across the short, medium and long term. The Investment Manager may use sub-advisors such as Carnbrea & Co Limited to assist with investment services of the Fund.
The Fund applies an ethical overlay to ensure compliance with Sharia ethical investment principles. These principles create negative screens which exclude investment assets based upon the nature of their business activities and their failure to meet financial thresholds relating to debt, liquidity, and income.
Please visit our website to view our current Fund Performance.
The Fund is a diversified fund with the following asset allocation ranges:
The Fund may maintain an exposure to the asset allocation via investments in underlying funds.
Hejaz Asset Management Pty Ltd ABN 69 613 618 821 (“Hejaz Asset Management” or the “Investment Manager”) is an Australian-based fund manager specialising in ethical and Sharia Compliant investments.
Hejaz Asset Management are specialists in:
- Offering boutique ethical advisory and investment services.
- Providing expertise in the sciences of Islamic jurisprudence, specifically Islamic finance and investments.
Hakan is a seasoned and successful leader with a track record of producing, presenting, and managing the implementation of innovative business solutions. Highly motivated with a proven ability to develop people and commercialise all aspects of a business. Experienced in converting every opportunity into success and driving profit and growth. Well, networked within the Islamic community as well as the broader Australian community and highly successful in implementing business process improvements, defining company direction, achieving goals, change, and optimising business procedures.
His 29-year business career has made him decisive and forward-thinking, with a strong vision and strategic capability. He has the ability to network and liaise with clients at every level. He is experienced at operating within highly competitive markets. Hakan is motivational and credible with highly effective interpersonal skills, highly commercial, and committed to quality and innovation. He is operationally strong, financially aware, and commercially astute.
His primary responsibility as CEO includes providing strategic direction and developing synergies within the financial sector. Augmenting high-level, executive monetary advice and promulgating fiscal analysis and aligned determinations.
Throughout the preceding decade, Hakan has gone from an embryonic concept, establishing, constantly enhancing, and then ameliorating Islamic investment portfolios well above market thresholds. Due to his business acumen and sagacity, Hakan is very well regarded as one of the premier leading Islamic investment experts within Australasia.
In addition to his role as CEO, Hakan is also the Chief Investment Officer of Hejaz Asset management and Executive Chairman of Eternal Asset management. This broad portfolio requires him to provide financial advice to high-net-wealth clients, and create, analyse, and manage Islamically compliant Investment portfolios.
Executive Master of Business Administration (eMBA) (RMIT)
Master of Professional Accounting (MPA) (RMIT)
Bachelor of Business (Economics and Finance) (RMIT)
Diploma of Financial Services (RMIT)
Certified Islamic Finance Executive (Ethica)
Diploma of Islamic Studies (IOU)
Monica joined Hejaz Asset Management in 2020 as the Shariah portfolio analyst. Monica started her career at one of the largest Chinese banks, the Agricultural Bank of China, specializing in international trading and corporate banking.
At Hejaz Asset Management, Monica is responsible for equity screening/analysis, sector analysis, performance benchmarking, and internal/external reporting. She specializes in the analysis of Shariah-compliant equities in developed markets.
Monica holds a Bachelor of Mathematics with Finance (University of Liverpool), a Master of Money, Banking and Finance (University of Birmingham) and is a Certified Financial Risk Manager (FRM).
Relevant Documents
You should read the PDS, TMD (if applicable) or any Investment Memorandum (or other offer documents) related to this product before making an investment decision. These documents (if available) can be found at https://www.hejazfs.com.au/, or if this is a "wholesale investor only" investment, can be viewed by contacting the Product Issuer identified on the aforementioned website.
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