Wahed Invest Introduces Four New Thematic Portfolios
Author Avatar

Wahed Invest will be introducing four new thematic portfolios to provide its customers with greater investment and exposure options.

In an email sent to existing users, Wahed shared information of the new upcoming portfolios, as well as a summary:

New thematic portfolio and currencySummary
China Stocks (MYR)– Exposure to shariah-compliant stocks within the China A-Shares equity
– Includes stocks from the technology, consumption, healthcare, and 5G sector
Emerging Markets Stocks (USD)– Exposure to shariah-compliant stocks from emerging markets that are expected to benefit from higher economic growth and increasing demand for goods and services
Local REITs (MYR)– Exposure to shariah-compliant real estate investment trusts (REITs)
– Includes real estate-related assets, along with benefits from rental income distribution
Money Market Fund (MYR)– Exposure to shariah-compliant money market instruments
– Suitable for investors who are seeking for short-term liquidity and regular income

Wahed Invest also highlighted that with the addition of these four new options, its users will have a total of six options to choose from, with the first two portfolios being the Gold and US Stocks portfolio. Additionally, it clarified its use of the term thematic portfolio, which is defined as “a portfolio that invests in long-term trends that are expected to benefit from macroeconomic changes. The portfolio may invest in a single asset class and may not have diversification benefits. ”

Aside from the new portfolios, Wahed Invest also announced that it will begin charging a 1% foreign currency exchange service fee starting from 15 November 2021. This is, however, applicable only to transactions (deposits, withdrawals, and fund transfers) carried out for thematic portfolios that are trading in foreign currency.

“Deposits received in Malaysian Ringgit will first need to be exchanged in order for it to be invested in a foreign-currency denominated fund. Our fund manager manages all this so you won’t have to think about it,” clarified Wahed Invest in its email to its users. Meanwhile, diversified portfolios – which are defined as portfolios with various asset allocations to cater to differing risk appetites, ranging from Very Aggressive to Very Conservative – will not be affected by this new fee.

Recently, another popular robo advisor, StashAway, announced its own Thematic Portfolio offerings. It offered three portfolios in total, themed Technology Enablers, Future Of Consumer Tech, and Healthcare Innovation.

(Source: Wahed Invest)

3.2 5 votes
Article Rating


Comments (0)

Notify of

Inline Feedbacks
View all comments
Top Investment Articles
Post Image
Historical EPF Dividend Rates
- 6th March 2023
Ever wondered how this year's EPF dividend rate compares to previous years? We got you covered with our historical 11-year chart!
Post Image
How Much Can You Earn Via The 4% Bonus Return Campaign On TNG GO+?
Alex Cheong Pui Yin
- 11th November 2021
Last week, Touch ‘n Go (TNG) eWallet rolled out a Bonus Return campaign under its GO+ investment feature, […]
Post Image
You Can Now Redeem Your ASNB Units Online Via myASNB
Jacie Tan
- 20th April 2020
Starting today, Amanah Saham Nasional Berhad (ASNB) unit holders can redeem their ASNB units online via the myASNB […]
Post Image
Active Cryptocurrency Traders Are Required To Declare Their Gains For Income Tax
Alex Cheong Pui Yin
- 6th January 2021
The Inland Revenue Board (LHDN) has clarified that cryptocurrency investors who actively trade their assets at the digital […]

Related articles

Related Posts Image
Related Posts Image
Related Posts Image
Related Posts Image