SKUK
Actively managedFixed IncomeHejaz Sukuk Active ETF
About this ETF
To achieve a total return in excess of the Benchmark (Bloomberg Global Aggregate USD Sukuk Index) over a rolling 5 to 7-year timeframe through exposure to a diversified portfolio of Sharia Compliant Sukuk investments.
IssuerHejaz
Management fee (MER)1.33% p.a.
Inception date2 Nov 2023
BenchmarkBloomberg Global Aggregate Sukuk TR USD
Scout Score
21/100
Ranked #27 of 30 in active Fixed IncomeAn 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.
Cost0
Diversification—
Liquidity16
Fund Strength48
Performance—
Income64
Strengths
No standout strengths relative to category peers.
Weaknesses
- Higher fee — 1.33% p.a., more expensive than 100% of active Fixed Income funds.
- Lower liquidity — 0.53% bid/ask spread, wider than 84% of active Fixed Income peers.
