DWS Noor Asia-Pacific Equity Fund
Summary Terms:
- Minimum Investment Amount:
- USD 10,000 minimum with multiples of USD 1,000 thereafter for individuals
- USD 25,000 minimum with multiples of USD 1,000 thereafter for institutions
- Underlying Investments: A Portfolio of Sharia observant securities as described in the funds sales prospectus.
- Subscription: Bi-weekly basis
- Valuation: Weekly
- Switching between DWS Noor funds: Bi- weekly basis
- Switching Fee:AED 150/-
- Redemption:Bi-weekly basis.
- Redemption fee: AED 250/-
- Upfront Fee: 2% of the invested amount
- Annual Management Fee: Each fund will carry its own annual management fee which will be paid by the fund.
- Promoter: Deutsche Asset Management (Asia) Ltd.
- Distributor: Dubai Islamic Bank P.J.S.C (DIB)
- Data Administrator: Ryland Gray
- Sharia Advisor: Dar Al Istithmar, London
DWS Noor Islamic Funds: A new light in Sharia compliant investment
As a leading global mutual fund provider, DWS Noor investment values the cleints’ individuality and needs. Islamic investors are looking for investment excellence, international expertise and attractive return prospects without compromising their beliefs. That’s why DWS Investments has developed a fund range dedicated to you DWS Noor Islamic Funds. The fund range stands for Sharia compliant investments combined with DWS Investments” know-how and service. The DWS Noor Islamic Funds are designed to provide a powerful and innovative Islamic investment solutions. The guiding principles of such Islamic fund range are inherently expressed in the name DWS Noor Islamic Funds, The new shining of light in Sharia compliant investments. With DWS Noor Islamic Funds, you can rely on Sharia compliant framework and at the same time benefit from attractive investment opportunities, usually only available at conventional mutual funds products. The investment managers of DWS Noor Islamic Funds offer you an outstanding track record and asset management expertise, under supervision of the Funds’ Sharia advisor, Dar Al Istithmar, whose Sharia Supervisory Committee is comprised of five of leading Sharia Scholars.

