Senfin Shariah Balanced Fund

The Senfin Shariah Balanced Fund is an open-ended unit trust fund which will invest in Shariah compliant equity securities listed on the Colombo Stock Exchange and in Shariah compliant income securities.

Fund Launch Date
December 3, 2012
Asset Class
Equity
Domicile
Sri Lanka
Fund Currency
LKR
Custodian / Trustee
HNB PLC
Management Fee
1.75%
Entry Fee
1.50%
Exit Fee
Nil
Minimum Investment
LKR 1000
ISIN Code
LKSSBFU00008
Fund Fact Sheets Invest Now

Portfolio Characteristics

The Fund is a balanced fund and therefore will assume a moderate level of risk by investing in equity and income securities. The Fund’s strategic (long-term) allocation to Shariah compliant equity and Shariah compliant income securities will be 60% and 40% respectively. However, the Fund Manager has the discretion to increase allocation to equity up to 70% of the total assets of the Fund. Furthermore, the Fund Manager will adopt tactical or short-term asset allocation strategies and invest a major portion of the fund in Shariah compliant income securities with a view to protecting capital at times of possible stock market declines/over-valuation, subject to the guidelines stipulated by the SEC.

Buying Price
15.35
Selling Price
14.89
NAV
15.00
Assets Under Management
88.7 Million
Last updated on 12/06/2024


Calendar Year Performance

Performance 2019 2020 2021 2022 2023 2024 YTD
to 30th
April *
SSBF 4.58% 14.67% 16.78% -18.85% 13.06% 13.26%
Benchmark 1.70% 10.66% 80.91% -30.56% 28.17% 19.15%
Past performance is not indicative of future results
* Non - Annualized return
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