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AB MENA Feeder Fund (ABMABMF.MF)

NAV 6.560USD 0.230-3.630%
Also known as: AB MENA Feeder Fund|As of 31 Jul 2019

Fund Facts

StatusActive
Asset Type Equity
Geographic FocusMENA
DomicileGuernsey
Lipper GlobalEquity MENA
StructureProtected Cell Company
Inception DateFebruary 2008
CurrencyUSD
Fund Size3,277,629 USD
NAV FrequencyPricing Monthly, 1 time at end
Administrator Legis Fund Services Limited
Legis Fund Services Ltd
Sponsor Al Arabi Investment Group (AB Invest)
Arab Bank PLC
Fund Manager Arab Bank Fund Managers (Guernsey) Ltd
Investment AdvisorAl Arabi Investment Group Company L.L.C.

Fund Returns

1 Month.000%
3 Months3.962%
YTD*8.609%
1 YearGet Lipper
3 YearsGet Lipper
5 YearsGet Lipper
Since InceptionGet Lipper

Ratios

Beta0.297
Alpha0.196
Sharpe Ratio0.186
Information RatioGet Lipper
Annusalised Standard DeviationGet Lipper

Investment Strategy

The AB MENA Feeder Fund is a long-term, medium risk investment vehicle that invests in the Arab Bank MENA Fund [The Master Fund] which invests in the Middle East and North Africa region (MENA) with a particular focus on listed equities and it aims to achieve a target total return of 10% to 15% p.a. on average over a full investment cycle (approx. 5 years). The Master Fund aims to carry a lower volatility than that of the market, while maintaining the flexibility of investing in fixed income securities during times of uncertainty high market volatility.

Fund Performance

NAV (SAR)
6.560
Change
0.230 (-3.630%)
Previous Close
6.330
12 Months High
6.560
12 Months Low
6.040

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