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Emirates Islamic MENA Opportunities USD A Acc

Ranked 2 out of 151 in - Flexible Other over 12 months
All calculations are in USD unless stated

Managed by

Marwan Haddad

Marwan Haddad, CFA, joined Emirates NBD Asset Management in July 2018. Prior to that, he was a fund manager at AL MAL Capital based in Dubai, where he managed equity funds using a GARP/Value investment style. Haddad joined Al MAL in 2017 and prior to this was a fund manager at SHUAA Capital. Haddad graduated from the University of Sydney with a degree in finance and outside fund management enjoys music, the theatre and soccer.

Richard Lee

The lead manager for both the Emirates MENA Opportunities Fund and Emirates NBD Saudi Arabia Equity Fund, Richard Lee has been with Emirates NBD Asset Management for the past 11 years. During that time he has helped in establishing and driving the in-house research team, and has managed funds and discretionary mandates for regional institutions and HNWIs. Before joining Emirates NBD Asset Management, Lee accumulated more than six years of research experience first at an Asian stockbroker, and then during a stint with a Malaysian sovereign wealth fund. As a CFA charter holder since 2000, he has been an active volunteer of various initiatives at the CFA Institute and the Emirates CFA Society.

Yong Wei Lee

Yong Wei Lee was born in Singapore in 1972. He graduated from Nanyang Technological University and majored in Mechanical and Production Engineering. He started his investment career in 1999 as a manager at Straits Lion Management. He moved to Lion Capital Management in 2005 as a senior manager. He is currently head of MENA equities at Emirates NBD Asset Management having joined the company in 2007. He holds the Charted Financial Analyst designation, and outside of work he likes to spend time with his family.

Objective

To provide investors with a professionally managed means of participating in Shari’a compliant growth investments across a range of MENA markets. The fund aims to achieve long-term capital growth from a diversified portfolio of Shari’a compliant equity securities, although it can take on exposure to other assets from time to time if the Investment Manager believes it would be appropriate to do so. These assets include, but are not limited to, Murabaha and fixed deposits, Sukuk, trade finance, real estate, alternative strategies and cash equivalent assets.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Flexible Other over : 31/10/2017 - 31/10/2018

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 7.1% 0.5% -1.3%
2017 3.8% 2.4% 1.7% 1.6% -1.9%
2016 6.3% -0.8% 0.9% -5.0% 11.8%
2015 -11.4% -3.6% 3.7% -7.0% -4.8%
2014 9.5% 9.4% 2.2% 9.6% -10.6%
2013 15.2% 3.4% 0.6% 5.8% 4.8%
2012 11.5% 8.2% -2.4% 3.8% 1.8%
2011 -7.6% -1.6% -1.5% -4.7% 0.1%
2010 3.1% -0.4% -1.7% -1.2% 6.4%
2009 11.0% -1.7% 11.4% 8.8% -6.9%
2008 -34.0% 2.6% 4.3% -14.2% -28.0%
2007 19.9% 0.2% 5.6% 2.5% 10.6%
2006 4.0% 1.5%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Jersey
  2. Singapore
  3. United Arab Emirates

Fund Info

  • Launch date26/04/2006
  • Share Class size32Mn
  • Base currencyUSD
  • ISIN GB00B1436X66

Purchase Info

  • Min. initial investment10,000
  • Min. regular additional investment0

Charges

  • Annual management1.50%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in USD).