Fund and Investment Manager | Mashreq Capital (DIFC) Limited |
Fund Type | Open ended fund |
Domicile | DIFC, Dubai |
Regulator of Fund Manager | Dubai Financial Services Authority (DFSA) |
Minimum Subscription | The minimum initial subscription and holding amount is:
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Administrator and Registrar | Apex Fund Services (Dubai) Ltd. |
Custodian | First Abu Dhabi Bank PJSC |
Auditor | Deloitte & Touche (ME) |
Valuation Day | Each Business Day |
Dealing Day (Subscription/Redemption) | Each Business Day |
Notice Periods | 2 Business Days |
Subscription Fee | 2% in respect of Class “ME CA USD” Shares and Class “ME CA AED” Shares and Up to 3% in respect of all other Share Classes |
Redemption Fee | Up to 3% within first 3 months; 2% within 3-6 months; 1% within 6-12 months in respect of all share classes. 0% in respect of the Class “ME CA USD” Shares and Class “ME CA AED” Shares. |
Distribution Fee | 0% in respect of Class “ME AA USD”, “ME AA AED”, ME CA USD” and “ME CA AED” Shares. 0.5% in respect of Class “ME BA USD”, “ME BA AED”, “ME BI USD” and “ME BI AED” Shares |
Management Fee | 0.70% per annum of the NAV per Class of the Class “ME CA USD” Shares; and 0.70% per annum of the NAV per Class of the Class “ME CA AED” Shares. 1.50% p.a. in respect of all other Share Classes |
Performance Fee | 15% of excess return above a 10% “hurdle rate” per annum based on a high water mark |
Bloomberg Tickers | ME AA USD shares - MAMMECA UH ME AA AED shares - MAMMEAA UH EQUITY ME BA USD shares - MAMMECB UH ME BI AED shares - MAMMECM UH EQUITY ME BA AED shares - MAMMEMB UH ME CA USD shares - MAMMEUC UH ME CA AED shares - MAMMEAM UH ME CA USD shares - MAMMEUC UH ME CA AED shares - MAMMEAM UH |
ISIN | AEDFXA03C109 in respect of Class “ME AA AED” Shares AEDFXA03C117 in respect of Class “ME AA USD” Shares AEDFXA03C125 in respect of Class “ME BA AED” Shares AEDFXA03C133 in respect of Class “ME BA USD” Shares AEDFXA03C141 in respect of Class “ME BI AED” Shares AEDFXA03C158 in respect of Class “ME BI USD” Shares, AEDFXA03C422 in respect of Class “ME CA USD” Shares and AEDFXA03C430 in respect of Class “ME CA AED” Shares |
Our range of funds provides our investors with exposure to equity and debt in the MENA region and Emerging markets.
Tailored investment solutions based on our investors specific objectives including asset class, income, time horizons, and risk tolerances.
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