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AD Global MENA Fixed Income A USD (GMFMSNN.IF)

NAV 100.865USD -0.0350.030%
Also known as: AD Glbl MENA Fxd Inc A USD|Shariah Compliant|As of 24 Jun 2020

Fund Facts

StatusActive
Asset Type Bond
Geographic FocusMENA
DomicileIreland
Lipper GlobalBond USD Corporates
Inception DateJanuary 2019
CurrencyUSD
Fund Size7,315,846 USD
NAV FrequencyPricing Daily, Mon-Fri
Administrator Northern Trust International Fund Admin Svs Ltd.
Sponsor AD Global Investors
Fund Manager Carne Global Fund Managers (Ireland)Ltd
Investment Advisor AD Global Investors Ltd

Fund Returns

1 Month3.252%
3 Months-8.666%
YTD*-10.356%
1 YearGet Lipper
3 YearsGet Lipper
5 YearsGet Lipper
Since InceptionGet Lipper

Ratios

Beta1.411
Alpha-1.451
Sharpe Ratio-0.110
Information RatioGet Lipper
Annusalised Standard DeviationGet Lipper

Investment Strategy

The Funds investment objective is to achieve total return (i.e. income plus capital appreciation). The Fund will invest primarily in fixed income securities issued by public or corporate issuers in MENA Countries (i.e countries of the Middle East and North Africa region including but not limited to, Egypt, Jordan, Kuwait, Morocco, Oman, Qatar, Saudi Arabia, Tunisia and United Arab Emirates) which are denominated in US Dollar.

Fund Performance

NAV (SAR)
100.865
Change
-0.035 (0.030%)
Previous Close
100.900
12 Months High
91.088
12 Months Low
110.153

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