The Fund is a feeder fund to the Emirates NBD SICAV Emirates Global Sukuk Fund, a subfund of the Luxembourg domiciled Emirates NBD SICAV. The US Dollar denominated and Sharia compliant open ended underlying fund will invest in a diversified portfolio of Sukuk both in the MENA region and globally. The primary investment objective of the fund is to achieve high income as well as capital growth. Certain share classes of the fund will make income distributions on a semi-annual basis, derived from income generated by the underlying Sukuk or maturity proceeds of Sukuk.
Emirates Global Sukuk A USD Acc
Latest Price NAV
USD
15.48
as of
13/Sep/23
Objective
Performance
3 Yrs Performance
-1.38
5 Yrs Performance
1.56
10 Yrs Performance
2.12
Top Holdings
1.
EMIRATES GLOBAL SUKUK FUND X USD CAP
99.76
%
2.
USD CASH
0.24
%
3.
AED CASH
4.
GBP CASH
5.
OTHER ASSETS LESS LIABILITIES
6.
EUR CASH
-0.01
%
Portfolio Composition
1.
United Arab Emirates
51
%
2.
Murabaha & Cash
19
%
3.
Saudi Arabia
13
%
4.
Malaysia
7
%
5.
Bahrain
5
%
6.
Turkey
3
%
7.
Qatar
2
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
1.25
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
3
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
N.A
Contact
Company Name:
Emirates NBD
Website :
www.emiratesnbd.com