HomeEmirates Islamic MENA Opportunities USD C Acc

Emirates Islamic MENA Opportunities USD C Acc

Latest Price NAV

USD
12.45
as of
12/Sep/23

Objective

To provide investors with a professionally managed means of participating in Shari’a compliant growth investments across a range of MENA markets. The fund aims to achieve long-term capital growth from a diversified portfolio of Shari’a compliant equity securities, although it can take on exposure to other assets from time to time if the Investment Manager believes it would be appropriate to do so. These assets include, but are not limited to, Murabaha and fixed deposits, Sukuk, trade finance, real estate, alternative strategies and cash equivalent assets.

Key Facts

Launch Date :
26/Jun/13
Asset Type :
Base Currency :
Total Net Asset (USD M) :
28.26
Benchmark :
MSCI Arabian Markets TR USD
Dividend Type :
N.A
Income Distribution :
Retained
Total Expense Ratio % :
2.86
Geographical Focus :
MENA
Shariah Compliant
Shariah

Performance

3 Yrs Performance

5.26

5 Yrs Performance

1.26

10 Yrs Performance

1.99

Top Holdings

1.
EMIRATES WORLD OPPORTUNITIES FUND X USD CAP
97.41
%
2.
USD CASH
2.27
%
3.
AED CASH
0.32
%

Portfolio Composition

1.
UNITED STATES
62.74
%
2.
SWITZERLAND
9.69
%
3.
UNITED KINGDOM
7.03
%
4.
CANADA
5.11
%
5.
UNITED ARAB EMIRATES
4.74
%
6.
SAUDI ARABIA
4.36
%
7.
CHINA
2.63
%
8.
FRANCE
1.68
%
9.
GERMANY
1.34
%
10.
IRELAND
0.34
%

Transaction Information

Annual Charges

Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
1.5

Initial Charges

Minimum Charge :
N.A
Maximum Charge :
N.A
Actual Charge :
N.A

Redemption Charges

Minimum Charge :
N.A
Maximum Charge:
5
Actual Charge :
N.A

Contact

Company Name:
Emirates NBD
Website :
www.emiratesnbd.com