HJHI
Actively managedInternational SharesHejaz High Income Active ETF
About this ETF
The Fund’s investment approach is to research, screen, and then select quality investments, across Australian equities and international listed equities. The Investment Manager applies an investment overlay that seeks to invest in accordance with Sharia investment principles. These principles apply negative screens that aim to exclude assets based on the nature of their business activities.
IssuerHejaz
Management fee (MER)1.10% p.a.
Inception date30 Apr 2024
BenchmarkDJ Islamic Market GLB Select Div TR AUD
Scout Score
33/100
Ranked #56 of 64 in active International SharesAn independent score calculated by ETF Scout across 6 real-data factors (cost, diversification, liquidity, fund strength, performance, income), ranked against other actively-managed funds in the same category. Tracking isn't scored, since active funds don't target an index.
Cost38
Diversification—
Liquidity15
Fund Strength23
Performance—
Income66
Strengths
No standout strengths relative to category peers.
Weaknesses
- Lower liquidity — 0.91% bid/ask spread, wider than 85% of active International Shares peers.
- Small fund — $10M in assets, smaller than 77% of active International Shares funds, which can mean wider spreads.