Ethical Fund · Since 1999

A 25-year legacy,
a stronger new chapter.

A globally diversified Ethical Fund for investors seeking long term growth, strong hard currency exposure, and an investment approach guided by discipline, care, and purpose.

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I · Chairman's letter
A word from the Chairman.
Shakil Moollan
Shakil Moollan
Chairman of the Board
"A.L.E.E.F. moves into its next chapter with the same principles that shaped it from the start, now supported by a stronger strategy, stronger structure, and a clearer path for long term value creation."
For more than 26 years, A.L.E.E.F. has been guided by disciplined, ethically grounded investing. This next phase strengthens that foundation through broader global diversification, greater hard currency exposure, and a more professional investment structure.
Latest NAV · Class A
MUR 21.11
As at 31 July 2026
YTD +3.4%
Performance (in MUR)
Fund with a Purpose
Direct your dividend to a cause you care about.
Key figures
A quarter-century of disciplined stewardship.
1970
Inception
0
Trusted Shareholders
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Investor voices
Built on long-term relationships.

What our investors say

"

A.L.E.E.F. gives me confidence because the investment approach is disciplined, clear, and built for the long term.

- Shareholder
"

What I value most is knowing my investment follows a clear framework and is managed with care.

- Shareholder
"

For me, A.L.E.E.F. brings together two things that are hard to find in one place, a serious investment approach and values I can stand behind.

- Shareholder
"

Discipline, continuity and clear principles that's what keeps me invested.

- Shareholder
Portfolio Manager
Heritage Wealth Partners

Heritage Wealth Partners helps bring A.L.E.E.F.’s strategy to life each day, combining professional portfolio execution with the governance and principles that shape the fund.

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