What is Old Mutual Albaraka Balanced Fund?
The best meal is one shared by many. This inspiration applies equally to investing. When you invest responsibly, you ensure that there will be food for many, for generations to come. Invest with Faith.
Old Mutual, in partnership with Albaraka Bank, offers you the Shari’ah compliant Old Mutual Albaraka Balanced Fund. Ours is a partnership that works for you because we offer you the best of both. Whether you’re a Muslim investor seeking Shari’ah compliant funds, or simply want to manage your wealth in a way that is consciously ethical, you can invest in what you believe in, assured that your rewards remain pure. This moderately aggressive asset allocation fund invests in local and international asset classes including equity, liquid assets and fixed income alternatives, as well as the portfolios of other unit trusts.
This moderately aggressive asset allocation fund invests in local and international asset classes including equity, liquid assets, fixed income alternatives, and portfolios of other unit trusts. It aims to provide investors with long term inflation-beating returns and reduced risk through diversification. It is regulation 28 compliant and is suitable for retirement fund investors.
The minimum investment amounts are R10 000 lump sum or R500/month.