INVESTMENT SOLUTIONS


LIBRA SYARIAH EXTRA FUND

 

 

 

The Fund is an open-ended unit trust fund investing in a blend of quoted Shariah-compliant equities, sukuk and other Islamic money market instruments; and Islamic futures contracts for hedging purposes only. Its key performance is entirely in search of consistent absolute returns over the medium to long term investment horizon.

 

INVESTMENT OBJECTIVES

To provide investors with medium to long-term capital appreciation through investments in specified asset classes by adopting a relatively balanced approach towards equities and fixed income exposure based on the Shariah principles. The Fund aims to achieve capital growth with lower short-term volatility than is normally associated with a pure equity fund.

 

INVESTMENT STRATEGY

 

The Fund’s key performance is entirely in search of consistent absolute returns, over the medium to long-term investment horizon.

  

FUND INFORMATION

 

Management Company Libra Invest Berhad
Launch Date 2 January 2003 @ RM0.2000 per unit
Approved Fund Size 250,000,000 units
Entry Fee Up to 5.00% of the NAV per Unit
Management Fee 1.50% p.a. of the Fund’s NAV
Trustee Fee 0.06% p.a. of NAV
Exit Fee Nil
Min Initial Investment RM5,000
Min Additional Investment RM200 for regular investor and RM1,000 for non-regular investor

 

ASSET ALLOCATION

 

Asset Class

Asset Allocation
(% of Fund's NAV)

Quoted Shariah-compliant Equities & Equity-Related Securities 40% to 60%
Sukuk and Shariah-based Liquid Assets 40% to 60%
Shariah-based Liquid Assets Min 2%

 

 

 

 

 

 

 

INVESTOR PROFILE

  • Investors who place high importance in ensuring that the monetary value of their investment retains its purchasing power, through steady absolute capital growth and income, over the medium to long-term period, at a moderate level or risk; and
  • Investors who are seeking to invest in a balanced portfolio of quoted Shariah-compliant equities and sukuk, but do not have the time or expertise to monitor their investment or to make the tactical call to enter or swap one asset class to the other at the appropriate times.

  

NET ASSET VALUE

 

 

 

ASSET ALLOCATION

 

 

 

DISTRIBUTION/BONUS/UNITS SPLIT

 

Date Amount Description
02 Jan 2003 1:1.2425 Unit Split
31 Dec 2003 3.01 cent Distribution
31 Dec 2004 1.27 cent Distribution
15 Dec 2006 2.55 cent Distribution

  

YEARLY PERFORMANCE

 

Financial Year Ended Year Return Benchmark
2003 17.12% 12.72%
2004 6.35% 6.48%
2005 1.20% -2.69%
2006 13.08% 14.68%
2007 18.52% 23.39%
2008 -33.33% -23.21%
2009 20.45% 21.44%
2010 10.40% 10.32%
2011 6.14% 2.92%
2012 2.25% 7.51%
2013 14.60% 8.24%
2014 4.00% -0.42%
2015 4.39% 3.12%
2016 1.74% -1.29%