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NAEEM MENA Growth Fund

Inception Date 08- January
Fund Structure An Open-ended Multi Asset Class and Multi Country
Investment Objective NAEEM MENA Growth Fund provides direct access to listed equity markets in the Middle East and North Africa (MENA).
Investment Manager NAEEM Financial Investment
Base Currency USD
Subscription / Redemption Monthly
Management Fee 1.5% of end of month NAV and paid monthly
Performance Fee 15% above hurdle rate of 10% and subject to high water mark
Redemption Fee 2% for holdings < 6 months
1% for holdings > 6 months and < 12 months
Zero after 12 months
Lock-up Period Three months
Financial Year 31 December

 

Fund Performance

Year / Month January February March April May June July August September October November December
2011 -6.31% -6.03% -0.76% -1.03% -0.24% -1.04% -1.22% -1.34% -1.40% 0.54% -2.20% 0.61%
2012 0.57% 8.25% 3.30% -1.19% -4.32% -2.51% 2.64% 2.41% -1.62% -1.06% -3.34% 1.68%
2013 2.96% -0.38% 1.82% 3.74% 5.49% -0.31% 6.03% -3.25% 1.02% 0.12% 1.48% 4.34%
2014 5.83% 5.55% 2.21% 6.01%  2.98% -8.36% 7.47% 5.45% -0.02% -4.83% -8.11% -4.99%
2015  -0.13% -0.41% -6.57% 10.06%  -4.43% -4.17% 0.85% -8.79% -1.44% -2.56% -1.56% 1.12%
2016 -9.03% 2.14% 0.11% 0.11% 0.65% -3.27 1.96% -0.69
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