FACTSHEET AS AT 30 JUNE 2024
The NIC Unit Linked Funds offer a tailored investment approach through five distinct funds - Shariah Compliant, ESG Compliant, Balanced Growth, Secured Growth, and Dynamic Growth each designed to match the risk profile of the policyholder.
These funds provide a balanced mix of stocks, bonds, and financial assets to help grow the policyholder's wealth while managing risk.
The core investment objectives, key strategies and risk management approaches of the funds, enable policyholders to make informed decisions that align with their financial aspirations.
Pilgrimage Fund A is designed toalign with Shariah principles, ensuringthat all investments are compliant with Islamic guidelines. The fund focuses on achieving long-term growth by investing primarily in Shariah-compliant investments, while keeping a small portion in cash for liquidity. It offers an ethical investment option for policyholders seeking to grow their wealth in a manner consistent with their values and faith.
Pilgrimage Fund B is designed to provide steady growth through a balanced and secure mix of investments. The fund includes equities, fixed income securities, and cash, offering a diversified approach to help policyholders achieve their financial goals. It focuses on sustainable and responsible investments, ensuring that the portfolio supports growth while maintaining stability.
The Balanced Growth Fund is
designed to help policyholders grow their investments over time while keeping risks under control. By spreading investments across stocks, bonds, and cash, the fund aims to balance growth opportunities with stability. It seeks to provide steady returns and long-term growth, making it a reliable choice for those looking to protect and grow their
savings.
The Secured Growth Fund is built to prioritize stability while offering opportunities for steady growth. It invests in a mix of stocks, bonds, and cash to ensure a secure and balanced
approach. This combination aims to protect the investment while helping it grows steadily over time.
The Dynamic Growth Fund is
designed for those seeking higher growth potential over the long term. The fund focuses on investing in a mix of stocks, bonds, and cash, with a strong emphasis on growth opportunities. It seeks to take advantage of market trends and
capitalize on higher returns, while still maintaining a portion of investments in stable assets to manage risk. This fund is suitable for policyholders aiming to grow their investments actively over time.