Overview
A open-ended public mutual fund, known as a “Smart Beta” Fund- aims to achieve a performance similar to the performance of the MSCI Qatar Domestic IMI Islamic Custom Minimum Volatility Index prior to deducting fees and expenses while minimizing the deviation factor between the performance of the Fund and the performance of this index by following a passive investment strategy which invests in a basket of shares with weights similar to those of the index.
The Fund Manager will re-balance the allocation on a regular basis, coinciding with the re-balancing of the index.