The OneVest Halal Equity Fund was established to provide long-term capital growth through investments in North American stocks whose business activities are shariah compliant*
First AAOIFI Compliant Equity Fund
Three layers of compliance: Internal Shariah compliance, Shariah Supervisory Board, and an Independent external Shariah Auditor
Shariah-compliant stocks from S&P 500, Dow 30, Nasdaq 100, and S&P/TSX Composite
Registered Accounts Eligible (RRSP, TFSA, RESP, and more)
Quarterly Distributions
Canadian Listed on the NEO Connect PTF exchange
Companies involved in any of the following activities are filtered out of the Indices and, therefore, the PTF:
Excess Debt
Alcohol
Firearms
Impure Foodstock
Usurious Institutions
Adult Entertainment
Gambling
Tobacco
Companies are screened on a financial basis. The following financial ratios must be met for companies to be included:
Interest bearing debt should not exceed 30% of market cap
Current interest earning assets should not exceed 30% of market cap
Income generated from prohibited activities should not exceed 5%
Manzil Invest - Investment fund and portfolio management services are provided by OneVest.*
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*OneVest Halal Equity Fund is available for investment through Manzil Invest, which offers investment fund and portfolio management services provided by OneVest. OneVest Management Inc. is registered as a Portfolio Manager in each of the provinces and territories of Canada, and as an Investment Fund Manager in the provinces of Alberta, Ontario Quebec, and Newfoundland and Labrador. Upon opening your account, OneVest will
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This website is to be used for information purposes only and is not intended to provide any financial, legal, accounting, or tax advice. No securities regulatory authority has assessed the merits of these securities or the information contained on this website.
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Your capital is at risk with any type of investment. Past performance is not a guarantee of future results or success. This website contains certain statements that may be forward-looking statements. All statements on this website other than statements of historical fact,
