Azimut 2030 USD

Azimut Target Maturity Fund 2030 USD (AZ Istihqaq – Fifth Issuance) is one of the specialized issuances within the AZ Istihqaq multi-issuance fund series. It is an open-ended investment fund with a defined maturity, aiming to generate stable and periodic returns in US dollars through investing in low-risk fixed income instruments.

The fund is built on a clear investment model that focuses on managing a portfolio of US dollar-denominated debt instruments and holding them until the maturity date in 2030. This approach helps reduce the impact of short-term interest rate fluctuations and provides greater clarity and visibility for investors.

The fund offers investors direct exposure to the US dollar, making it an effective tool for hedging against local currency volatility, particularly in an environment characterized by exchange rate fluctuations. This is achieved through a flexible investment framework that allows up to 100% of the fund’s assets to be allocated to low-risk instruments, with a maximum of 40% invested in sukuk, ensuring a well-diversified portfolio.

Subscription: Weekly, executed at the unit price announced at the beginning of the week (Monday) based on the Net Asset Value (NAV), with units allocated on the following day.

Redemption: Monthly, executed at the unit price on the first Monday of each month, based on the Net Asset Value (NAV) on the execution date

Description as published on the distribution platform.