XNSI:
Xenos Wealth Shariah Fund
- XNSI
-
Mar 15,2025 -
25
Overview
XNSI (the “Shariah Fund”) is composed of common stocks of large and mid market-capitalization U.S. companies the characteristics of which meet the requirements of Shariah and are consistent with Islamic principles as interpreted by subject-matter experts.
Why XNSI?
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Exposure to U.S. Market - XNSI seeks to provide investors with exposure to U.S. equities taking into account Islamic business sector and financial screens. Provides a lower cost alternative investment opportunity compared to traditional passive mutual funds.
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Long-Term Growth Potential - The Shariah fund aims for long-term growth and capital appreciation in line with U.S. market returns. Financial screens ensure constituents have low levels of leverage, creating a higher balance sheet quality to offset growth sector exposures.
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Index Oriented Approach - Tracks the FTSE USA Shariah Index, which uses leading impartial authorities on Islamic investment guidelines.
Fund Performance (as of 8/15/2025)
| Time | XNSI | FTSE USA Shariah Index |
|---|---|---|
| 1-mo | 4.80% | 4.80% |
| 3-mo | 9.60% | 9.50% |
| 6-mo | 1.70% | 2.10% |
| YTD | 7.95% | 7.62% |
| 1-yr | 7.95% | 7.10% |
| Inception | 7.95% | N/A |
About the benchmark
The FTSE (Equity) Shariah Index has been designed to be used as the basis of Shariah compliant investment products that meet the requirements of Islamic investors globally. Using the Large and Mid Cap stocks from the FTSE Global Equity Index Series as a base universe, constituents are then screened against a clear set of Shariah principles. Shariah screening is undertaken by Yasaar Limited, to create a Shariah compliant index series. The series has been fully certified as Shariah-compliant through the issue of a Fatwa (Islamic legal opinion) by Yasaar’s principals. The FTSE USA Shariah Index contains USA stocks that meet these criteria.
Top Holdings
| # | Holding | Weight |
|---|---|---|
| 1 | Microsoft Corp | 16.1% |
| 2 | Apple Inc | 13.2% |
| 3 | Meta Platforms Inc | 7.0% |
| 4 | Amazon Inc Class A | 4.5% |
| 5 | Tesla Inc | 3.9% |
| 6 | Amazon Inc Class C | 3.7% |
| 7 | Exxon Mobile Corporation | 2.0% |
| 8 | Procter & Gamble | 1.6% |
| 9 | Johnson & Johnson | 1.6% |
| 10 | Cisco Systems | 1.2% |
Sectoral Allocation
| Technology | 45% |
|---|---|
| Finance | 20% |
| Healthcare | 15% |
| Industrial | 10% |
| Energy | 5% |
| Consumer | 5% |
Illustrative Sector weights. Allocations may change without notice.
Investors should consider the investment objectives, risk, charges and expenses carefully before investing.
Fund Details
Fund Details
- Management Style: Active
- Fees: 1%
- AUM: $50K
- Ticker: XNSI
- #Holdings: 20
- Posted: Mar 15, 2025
- Ticker: XNSI
- Fees: 1%
- AUM: $50K
- #Holdings: 20
- Inception: 15 March 2025
- Rebalancing: Monthly
- Management: Active
We look forward to being long-term partners.