Fund Management
AB Invest Asset Management actively manages three open-ended funds: the Arab Bank MENA Fund, the IIAB Islamic MENA Fund and the IIAB Sukuk & Murabaha MENA Fund.
Arab Bank MENA Fund
The Arab Bank MENA Fund is an open-ended fund that offers investors the opportunity to invest in the capital markets of the MENA region, with a particular focus on listed equities. The Fund is long only, equity-focused, and aims to achieve an annual average net return in the range of 10% to 15% over a full investment cycle. The Fund aims to carry a lower volatility than that of the market, by diversifying across asset classes, geographies and sectors, depending on market conditions.
IIAB Islamic MENA Fund
The IIAB Islamic MENA Fund is an open-ended fund that offers investors the opportunity to invest in the capital markets of the MENA region, with a particular focus on listed equities, whilst adhering to Shariah principles. The Fund is long only, equity-focused, and aims to achieve an annual average net return in the range of 11% over a full investment cycle. The Fund aims to carry a lower volatility than that of the market, by diversifying asset classes, geographies and sectors, depending on market conditions.