NAEEM MENA Growth Fund
Inception Date January 2008
Fund Structure An Open-ended Multi Asset Class and Multi Country fund
Investment Strategy & Objective The fund provides direct access to capital markets in the Middle East and North Africa (MENA). It aims to deliver consistent and superior returns by focusing on growth sectors in the MENA region and outperform the S&P Pan Arab Composite Index
Investment Manager NAEEM Financial Investments
Base Currency USD
Subscription/ Redemption Monthly through NAEEM Asset Management
Subscription Fees NONE
Redemption Fees 2% for holdings < 6 months
1%for holdings > 6 months and < 12 months
Zero after 12 months
Lock-up Period Three months
Financial Year Calendar Year ending 31st of December

 

Fund Performance
Return Statistics (%) Fund Benchmark +/-
MTD (2.22) 2.51 (4.73)
YTD (12.95) 10.06 (23.01)
2018 (17.45) 9.06 (26.50)
2017 0.92 0.73 0.19
2016 (19.43) 4.74 (24.17)
2015 (17.63) (17.28) (0.35)
2014 7.53 (1.13) 8.66
Latest Fact sheets:

June 2019

 

 

 

Fund Prospectus:

Prospectus

EGX30 (EGYPT) 14752.45 1.48 %
ADX (Abu Dhabi) 5170.66 0.19 %
DFM (Dubai) 2849.67 -0.99 %
TASI (Saudi Arabia) 7770.55 -0.72 %