Designed to provide current income while maintaining prospects for capital appreciation.
Objective
Growth and Income
Category
ETFs
Min. Investment
$500
Liquidity
Listed
Availability
Open for investment
Funding Stage
Listed
Structure
ETF
Designed to provide current income while maintaining prospects for capital appreciation.
QMAX aims to provide regular income along with exposure to a portfolio of the top 100 companies listed on the Nasdaq stock market. In addition, the Fund aims to provide lower overall volatility than the underlying Nasdaq 100 Index. QMAX does not aim to track an index.
The fund aims achieve a (total) return equal to Benchmark (Bloomberg AusBond Bank Bill Index) plus 2% net of fees and expenses over a rolling 5 to 7-year timeframe through exposure to a diversified portfolio of Sharia Compliant fixed income investments