The PIF Growth Portfolio aims to achieve long-term capital appreciation by investing in positive innovation.
We define “positive innovation” as the introduction of technologically enabled new products or services that have the potential to change the way the world works for the better.
The portfolio is actively-managed and aims to invest in U.S. and foreign equities that fit with the Fund’s investment theme of positive innovation and are able to maintain a PIF “Comfortable” rating as per the practicalislamicfinance.com rating system.
PIF will select investments for the Portfolio that represent only its highest-conviction investment ideas, and have the best assessed risk-reward tradoffs, within the theme of positive innovation, as described above.
The Portfolio could be considered “non-diversified” which means that it may invest a high percentage of its assets in a limited number of companies.
This portfolio targets a 30% average annual rate of return over a 5 year time horizon.
You can follow this portfolio by becoming a member here: PIF Halal Growth Stock Portfolio
This portfolio is not an investment recommendation. Investing entails risk including loss of principal. Never invest money you can’t afford to lose.
© 2021 Practical Islamic Finance