Barak Fund

  • Open-ended Sharia Compliant Trade Finance Fund
  • Over 50 Years Investment Team’s Combined Experience
Barak Ibdar Sharia Trade Finance Fund

  • Trade finance has historically been a stable, profitable and robust business for banks, with minimal realized loss ratios and low correlation to either the real economy or other banking activities.
  • The Investment Team’s skill set reflects over 50 years of combined experience in Asset Management on the African continent, principally in the commodity derivative and physical commodity trading environment.

Fund Key Points

  • Invests in commodity-based and general trade finance transactions which are either import, export or general merchandising related Investments in accordance with Islamic Principles.
  • The Fund is based on the same underlying strategy as the current flagship Barak Structured Trade Finance Fund (short-term, asset-backed alternate credit lending in the sub-Sahara African region), however it is mandated to invest in Shariah-compliant trades.
  • Focusing on minimal volatility with objective ensures a broad mix of countries, counter-parties and underlying commodities and products, as well as monitoring of collateral and other securities to minimize loss in the event of any defaults.

Quarterly

Redemption Request: 5 business days before the end of every calendar quarter (90Days).
Subscription Request: 5 business days before the end of every calendar month.

Fund Manager Track Record: STF (Conventional Trade Finance Fund) Historical Performance
  '09 '10 '11 '12 '13 '14 '15 '16 '17*
YTD 15.99 16.47 16.17 14.41 13.98 11.46 10.98 9.24 1.97
Cum. Returns
182%

* Up to the month of March

Disclaimer: Nothing in this presentation shall constitute an offer to sell or the solicitation of an offer to buy any instruments in anyjurisdiction in which such offer, solicitation or sale would be unlawful. The publication, reproduction, retransmission and / or redistribution, in whole or in part, of this presentation, by any medium or in any form, and for any purpose is strictly prohibited. Past performance is not necessarily a guide to future performance. The value of the investment in the fund is variable and may increase or decrease. The security may be subject to sudden and large falls in value which could cause a loss equal to the amount invested; and the investor’s loss may not be limited tothe amount originally invested or deposited, but may have to pay more. Income from the Fund may fluctuate; and part of the capitalinvested may be used to pay that income. The prices, values or income may fall. Investors may receive less than what s/he invested. It may be difficult for the investor to sell or realize the shares; and to obtain reliable information about its value or the extent of the risks to which it is exposed. Changes in currency rates may have an adverse effect on the value, price or income of the security. Service and performance fees / charges apply. This product may not be suitable for all recipients of this report. In case of any doubts, you should seek advice from your investment advisor.

Further enquiries on Asset Management, contact:
Hassan Juma
Director Asset Management

+973 17 510053
hjuma@ibdarbank.com