Shariah compliant investment fund for sustainable resources
Luxembourg 24th June 2012
Sustainable Capital S.A., Luxembourg announced the imminent launch of a new agro forestry and sustainable resources investment fund “The Sustainable Resources Fund” (The Fund). The initial offering period commences on 23rd July 2012.
The Agro Forestry sector is now well recognised as an asset class investment, and is advantageously not correlated to equities, giving well informed investors interesting opportunities in natural resources.
As Investment Advisor to The Fund, Sustainable Capital S.A. has the objective to provide good capital growth by investing in a portfolio of forestry, agriculture, biomass, farmland and other sustainable resource assets globally.
The Fund is Shariah Compliant and will be investing in diversified projects, mixing high margin growth in Asia & Africa with cash generating projects in North America and Europe. The Fund will not seek to raise debt finance, nor will any interest be paid to investors. “All projects will be required to pass strict ethical, environmental and commercial due diligence tests”, announced Michael Young, Fund Advisor to The Sustainable Resources Fund, “as well as the additional strict Shariah Investment principles”.
The Sustainable Resources Fund “will include a percentage of listed equities to provide additional liquidity for the Investment Advisor and fund investors” stated Young “the target return, net of fund fees, is 15% per annum”.
About Sustainable Resources Fund
The Sustainable Resources Fund is a sub-fund to the Amiri Shariah Investment Platform which is a Luxembourg-registered “Société d’Investissement à Capital Variable” organised under Luxembourg Law of 13th February 2007 relating to specialised investment funds (SICAV-SIF) and regulated by the “Commission de Surveillance du Secteur Financier” (CSSF), the Luxembourg financial services authority.
For further information please contact:
Michael Young, CFA
Sustainable Capital S.A. – Investment Advisor to the Sustainable Resources Fund
7, in der Düerrwies, L-7305 Steinsel, GD de Luxembourg
Tel: +44 (0)20 3239 2215 / Email: michael.young (at) srfund.lu
Public Relations at Sustainable Options Ltd,
1 Bromley Lane, Chislehurst, Kent, BR7 6LH, United Kingdom
Tel: +44 (0)7921 264557 / Email: info (at) sustainableoptions.eu