The Funds objective is to achieve medium to long-term capital growth and a reasonable level of income by investing in Shariah-compliant equity securities of companies in the Gulf Cooperation Council (GCC), including, but not limited to Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE).
ADCB Islamic GCC Equity-R
Latest Price NAV
USD
18.06
as of
12/Sep/23
Objective
Performance
3 Yrs Performance
15.73
5 Yrs Performance
9.29
10 Yrs Performance
N.A
Top Holdings
1.
OTHER ASSETS LESS LIABILITIES
10.3
%
2.
AL RAJHI BANKING & INVESTMENT CORPORATION SJSC ORD
8.26
%
3.
SAUDI TELECOM COMPANY SJSC ORD
6.11
%
4.
SAUDI BASIC INDUSTRIES CORPORATION SJSC ORD
6.04
%
5.
ALINMA BANK SJSC ORD
5.18
%
6.
EMIRATES TELECOMMUNICATIONS GROUP COMPANY PJSC ORD
3.95
%
7.
INDUSTRIES QATAR QPSC ORD
3.81
%
8.
KUWAIT FINANCE HOUSE K S C P ORD
3.71
%
9.
EMAAR PROPERTIES PJSC ORD
3.35
%
10.
SAUDI ARABIAN OIL CO ORD
3.3
%
Portfolio Composition
1.
SAUDI ARABIA
56.27
%
2.
UNITED ARAB EMIRATES
16.28
%
3.
QATAR
11.69
%
4.
KUWAIT
6.32
%
5.
OMAN
0.26
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
1.5
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
5
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
N.A
Contact
Company Name:
Fuchs AM
Website :
https://www.fuchsgroup.com/fuchs-asset-management/