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ADCB Islamic GCC Equity-I (ADCBGCI.IF)

NAV 11.230USD -0.0420.370%
Also known as: ADCB Is GCC Eq I|Shariah Compliant|As of 24 Jun 2020

Fund Facts

StatusActive
Asset Type Equity
Geographic FocusGCC
DomicileLuxembourg
Lipper GlobalEquity GCC (Gulf Coop Cncl)
StructureLU - SICAV - Part 1
Inception DateMay 2016
CurrencyUSD
Fund Size4,854,995 USD
NAV FrequencyPricing Daily, Sun-Thu
Administrator Apex Fund Services (Malta) Ltd
Sponsor Abu Dhabi Commercial Bank
Fund Manager Novacap Asset Management S.A.
Investment Advisor Abu Dhabi Commercial Bank PJSC

Fund Returns

1 Month1.357%
3 Months-6.325%
YTD*-13.649%
1 YearGet Lipper
3 YearsGet Lipper
5 YearsGet Lipper
Since InceptionGet Lipper

Ratios

Beta0.824
Alpha-0.635
Sharpe Ratio-0.290
Information RatioGet Lipper
Annusalised Standard DeviationGet Lipper

Investment Strategy

The Funds objective is to achieve medium to long-term capital growth and a reasonable level of income by investing in Shariah-compliant equity securities of companies in the Gulf Cooperation Council (GCC), including, but not limited to Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE).

Fund Performance

NAV (SAR)
11.230
Change
-0.042 (0.370%)
Previous Close
11.272
12 Months High
9.928
12 Months Low
13.284

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