Wahed FTSE USA Shariah ETF HLAL Strategy
Strategy
The investment seeks to track the total return performance, before fees and expenses, of the FTSE Shariah USA Index. The index is composed of common stocks of large- and mid-capitalization U.S. companies the characteristics of which meet the requirements of Shariah and are consistent with Islamic principles as interpreted by subject-matter experts. Under normal circumstances, at least 80% of its total assets will be invested in the component securities of the index. The fund is non-diversified.
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Morningstar Rating for Funds
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Medalist Rating
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| — | Wahed FTSE USA Shariah ETF | ETF | Open | — | — | 0.500% | — | — | — | ||
| — | Wahed FTSE USA Shariah ETF | ETF | Open | — | — | 0.500% | — | — | — | ||
HLAL
| Wahed FTSE USA Shariah ETF | ETF | Open | $980.78M | 0.500% | — | — | $93.65M |