The Fund's objective is to achieve positive returns over a long-term by using active investment management strategies. The Fund will invest primarily in upfront payment of bills due from insurance companies to health centers and hospitals accredited by insurance companies, with a profit margin through Murabaha. The Fund aims to achieve a return of 6% to 12% per annum.
The Fund aims to achieve its goals by actively sourcing opportunities, deploying capital with an objective to capture a profit margin and subsequently distributing the same after deducting fees and expenses.
Minimum Initial Subscription: US$50,000.
Fund Currency: USD
Dividend policy: Quarterly dividends
Eligible Investors: Professional Investors. Click here for details.
Subscription Day: First Business Day of each calendar quarter
External Administrator: Apex Fund Services (Dubai) Ltd