Eq8 Dow Jones US Titans 50 ETF (“EQ8US50”) is an Exchange Traded Fund that aims to provide investors instant access to top 50 largest Shariah-compliant companies listed on the various United States exchange.
Launched on January 2018, EQ8US50 features a Benchmark Index that is float-adjusted market capitalization weighted, price return index which is calculated, maintained and published by S&P Dow Jones Indices.
Directly access U.S. markets with USD exposure for simplified and streamlined investment opportunities
Benefit from capital growth over medium- to long-term period, leveraging on high growth potential U.S. companies.
Diversify across multiple sectors with periodic rebalancing of 50 largest Shariah-compliant vetted companies.
| Cumulative Performance (As at 2024-02-29) | 1 M | 3 M | 6 M | YTD | 1 Y | 3 Y | 5 Y | **Since Inception |
|---|---|---|---|---|---|---|---|---|
| Fund NAV | 7.31% | 14.50% | 16.23% | 10.33% | 47.34% | 50.95% | 134.07% | 144.85% |
| Benchmark Index | 7.28% | 14.52% | 16.05% | 10.30% | 46.99% | 50.00% | 129.49% | 140.22% |
| Minimum Trading Units | : 100 Units |
| Trading Currency | : US Dollar (USD) |
| Stock Short Name | : EQ8US50 |
| Stock Code | : 0827EA |
| Minimum Creation / Redemption (Unit Block) | : 100,000 units |
| Participating Dealer(s) | : CGS International Securities Malaysia Sdn Bhd |
EQ8US50 is an ETF that aims to track the performance of 50 largest Shariah compliant companies (by float-adjusted market capitalization) listed in the U.S., as measured by its Benchmark Index – Dow Jones Islamic Market U.S. Titans 50 Index.
The Benchmark Index, namely the Dow Jones Islamic Market U.S. Titans 50 Index is a float-adjusted market capitalization weighted, price return index which is calculated, maintained and published by S&P Dow Jones Indices.
| Asset Class | Equity |
| Geo Exposure | US |
| Benchmark Index | DJUS50 Index |
| Launch Date | 15 January 2018 |
| Listing Date | 28 February 2018 |
| Base Currency | US Dollar (USD) |
| Manager | Eq8 Capital Sdn Bhd |
| Income Distribution | *Annual |
| Creation/Redemption(unit block) | 100,000 units (or whole multiples thereof) |
*Subject to the discretion of the Manager
| Exchange | Bursa Malaysia |
| ISIN | MYL0827EA005 |
| Stock Short Name | EQ8US50 |
| Stock Short Code | 0827EA |
| Bloomberg Ticker | METFUS50 MK Equity |
| Management Fee | 0.400% |
| Trustee Fee | 0.035% |
| Index License Fee | 0.040% |
| Total Annual Fees (chargeable to Fund) | **0.475% |
Transaction Charges (chargeable to Investor):
Trading charges may include brokerage rate and other incidental charges
* Subject to other fees and/or expenses incurred by the Fund.
| Manager | Eq8 Capital Sdn Bhd |
| Trustee | CIMB Islamic Trustee Berhad |
| Participating Dealer(s) | CGS International Securities Malaysia Sdn Bhd |
| Shariah Adviser | Amanie Advisors Sdn Bhd |
| Index Licensor | S&P Dow Jones Indices |
| Fund Documents | ||
|---|---|---|
| Prospectus | ||
| Supplementary Prospectus | ||
| Fund Reports | ||
|---|---|---|
| Financial Report (Annual & Interim) | ||