Alliance S&P Bangladesh Shariah Index Tracking Portfolio Service (AS&PBSITP) brings a whole new experience first time ever in the portfolio management industry of Bangladesh with a product which is the combination of many unique features. The key features are:
The goal of this service is to provide returns that match or beat the benchmark index. Average return from S&P Bangladesh BMI Shariah Index over the 2014-2016 period was 21.07% higher than that of DSEX index for the same period. In comparison of the average return from the last two years, S&P Bangladesh BMI Shariah Index provided an average return of 23.69% as compared to an average DSEX return of 2.62% and DSES, the shariah index provided by Dhaka Stock Exchange, provided average return of 19.25%.
Alliance Capital intends to develop and introduce more Islamic services focusing on the capital market in the future.
Frequently Asked Questions (FAQs) related to Alliance S&P Bangladesh Shariah Index Tracking Portfolio Service (AS&PBSITP).