Emirates NBD SICAV - Emirates Mena Top Companies Fund B GBP Acc
ISIN LU1060354237 / Valor 25741450
Emirates NBD SICAV - Emirates Mena Top Companies Fund B GBP Acc
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General Objective
The fund aims to achieve medium- to long-term capital growth through investments in a portfolio of MENA (Middle East & North Africa) equities. It uses an active management style to take advantage of price distortions and specific opportunities that display potential for strong gains.
Fund Exposure
The fund invests up to 60% in any one MENA country, up to 10% in securities of a single corporate issuer, up to 40% in cash and cash equivalents, and up to 10% in collective investment schemes per underlying fund. It may gain exposure to stocks listed on the markets of the Kingdom of Saudi Arabia through participatory notes (P Notes), SWAPs, or other instruments providing a synthetic form of exposure.
Risks
Investors should be aware that the sub-fund is not suitable for those planning to withdraw their money within 3 to 5 years. Additionally, the deviation of the portfolio composition of the sub-fund compared to the benchmark is significant, which may result in higher volatility and potential losses.
Source
https://www.emiratesnbd.com/en/asset-management/our-funds/emirates-mena-top-companies-fund
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