EQ8 MSCI Southeast Asia Islamic Dividend Fund

The EQ8 MSCI Southeast Asia Islamic Dividend Fund is an equity mutual fund that focuses on investing in high-dividend-yielding stocks across the Southeast Asia region, aligned with Islamic principles. The primary function of this fund is to offer investors access to a diversified portfolio that complies with Shariah law while targeting consistent dividend income. It meticulously selects stocks from various industries such as financials, consumer goods, and technology, ensuring they meet Islamic finance guidelines, which exclude businesses involved in activities like alcohol, gambling, and conventional banking. By focusing on the Southeast Asia market, the fund taps into the robust economic growth and developmental prospects in countries like Malaysia, Indonesia, and Thailand. The fund plays a crucial role in providing investors with a socially responsible investment option that balances risk through geographic and sectoral diversification, potentially appealing to both regional and international investors looking to adhere to Islamic finance principles while seeking dividend income.