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The Sub-Fund's investment objective is to achieve medium to long-term capital growth and a reasonable level of income by investing primarily in a diversified portfolio of Shariah compliant fixed income securities (Sukuk) issued by government, government-related entities such as their local authorities and public authorities, corporate or supranational entities located globally. The Sub-Fund will mainly hold investment grade Sukuk. It will not hold more than 40% of its assets in unrated and sub-investment grade Sukuk.
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