Global EPADI Fund

Fund Summary

Fund Structure: 
Open Ended
Launch Date: 
Mar, 2006
Domicile: 
BAHRAIN
Geographic Focus: 
GCC Markets
Currency: 
US DOLLAR (USD)
NAV Frequency: 
Weekly
Benchmark: 
S & P GCC Large Mid Energy custom cap index
Custodian: 
HSBC Bank Middle East Limited, Bahrain.
Auditors: 
KPMG Fakhro, Bahrain
Regulator: 
Central Bank of Bahrain

Fund Objective & Strategy

The fund seeks to achieve long-term capital appreciation by investing in companies principally engaged in energy, petrochemicals, and downstream industries listed on the Arabian stock exchanges.

The investment process is based on a bottom-up stock selection methodology along with a macroeconomic overlay to identify growth opportunities throughout the MENA region.

Performance

Performance as at Apr-2017.

 

YTD

1 Year

3 Years

5 Years

Since Inception

Fund

2.24%

16.03%

-21.91%

-5.53%

7.76%

Index

-1.51%

12.87%

-24.00%

-6.54%

-20.79%

Net Asset Value (NAV)

NAV Date: 
16 May 2017
Fund NAV: 
106.0281

Fund Material

Suitability

Individuals, Families (joint net worth), Corporations (companies, partnerships, trusts or other commercial establishments) and Governmental Organisations whose main function is financial investments, holding financial assets worth of US$100,000 (US dollars one hundred thousand) and above.

Past performance is not a guide to future returns. All the information contained in this document is believed to be reliable but may be inaccurate or incomplete. A full explanation of the characteristics of the investment is given in the prospectus. Any opinions stated are honestly held but are not guaranteed. The outlook expressed in this fact sheet represents the views of the fund manager at the time of preparation and are not necessarily those of the Global Investment House as a whole. They may be subject to change and should not be interpreted as investment advice. The document is meant for financial promotion and does not provide you with all the facts you need to make an informed decision about investing and hence is not intended to constitute investment advice. The information provided should not be considered as a recommendation or solicitation to purchase, sell or hold these securities. It should also not be assumed that any investment in these securities was or will be, profitable.