Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
Azzad Wise Capital WISEX
- NAV / 1-Day Return 10.64 / −0.09 %
- Total Assets 257.0 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.890%
- Distribution Fee Level High
- Share Class Type No Load
- Category Short-Term Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 4,000
- Status Open
- TTM Yield 2.89%
- Effective Duration —
USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:23 PM GMT+0
Morningstar’s Analysis WISEX
Will WISEX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 18.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Cash & Cash Equivalents | 3.51 | 9.0 Mil | Cash and Equivalents |
EQUATE SUKUK SPC LTD. REGS, 3.944%, 02/21/2024 | 3.05 | 7.8 Mil | Cash and Equivalents |
QIB SUKUK, LTD., UNSECD. NOTE, SERIES EMTN, 3.982%, 03/26/2024 | 2.77 | 7.1 Mil | Cash and Equivalents |
ESIC SUKUK LTD., 3.939%, 07/30/2024 | 2.77 | 7.1 Mil | Corporate |
SA Global Sukuk Ltd. 0.946% | 2.49 | 6.4 Mil | Government |
Aldar Investment Properties LLC 4.75% | 2.34 | 6.0 Mil | Corporate |
IDB Trust Services Ltd 1.957% | 2.33 | 5.9 Mil | Government |
EMG Sukuk Ltd. 4.564% | 2.22 | 5.7 Mil | Corporate |
Axiata SPV2 Berhad 4.357% | 2.17 | 5.5 Mil | Corporate |
DIB Sukuk Co Ltd 2.95% | 2.10 | 5.3 Mil | Corporate |