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Emirates Nbd Sicav - Emirates Global Sukuk Fund C Usd Inc (0P00015JZL)

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7.281 -0.001    -0.02%
23/12 - Delayed Data. Currency in USD
  • Morningstar Rating:
  • Total Assets: 440.61M
Type:  Fund
Market:  Luxembourg
Issuer:  MDO Management Company S.A.
ISIN:  LU1060356950 
Asset Class:  Bond
Emirates NBD SICAV Emirates Global Sukuk Fund C 7.281 -0.001 -0.02%

0P00015JZL Overview

 
On this page you'll find an in-depth profile of Emirates Nbd Sicav - Emirates Global Sukuk Fund C Usd Inc. Learn about the key management, total assets, investment strategy and contact information of 0P00015JZL among other information.
Category

Islamic Global Bond

Total Assets

440.61M

Expenses

2.23%

Inception Date

Jan 27, 2015

Investment Strategy

The Sub‐Fund is a Shari’a compliant sub‐fund that will invest in a diversified portfolio of unsecured asset‐based Sukuks both in the MENA region and globally. Sukuks will mainly qualify as Ijara, Wakala, Mudarabah and Murabah. The primary investment objective of the Sub‐Fund is to achieve high income as well as capital growth. Certain share classes of the Sub‐Fund will make income distributions on a quarterly basis, predominantly derived from income generated by the underlying Sukuk or maturity proceeds of Sukuk. The Sub‐Fund will achieve diversification by investing in a basket of eligible Sukuk with various maturities, from a variety of issuers. The Sub‐Fund may also invest in structured product to gain exposure to the above. The Sub‐Fund is managed actively without reference to any benchmark.

Contact Information

Address DIFC
Dubai, P.O. Box 506578
United Arab Emirates
Phone +971 4 3700022
Fax +971 4 3700034
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