Makaseb Qatar Equity Fund (MQEF)

Net Asset Value Per Share

Date NAV Value Percentage change YTD return
30 May 2013 MQEF 9.2085 -0.03% 15.35%

Fund Details

Investment Objective To achieve long-term capital appreciation through investment in securities listed on the Doha Securities Market.
Benchmark S&P Qatar Composite index (Bloomberg Ticker IDGPQAPD Index)
Investment Manager Mashreqbank PSC
Fund Type Open ended fund
Domicile Bahrain
Currency USD
Minimum Subscription USD 10,000; any subsequent investments in multiples of USD 1,000
Regulator Central Bank of Bahrain
Administrator and Custodian Citibank N.A. Bahrain
Registrar KeyPoint Consulting W.L.L, Bahrain
Valuation Every Business Day
Subscription and Redemption Every Business Day
Notice Periods 2 business days
Subscription Fee Has a sliding scale beginning from 2.5% for minimum investments up to USD 99,000.
Redemption Fee 5% for redemptions within first 3 months; 4% for redemption between 3-6 months; 3% for redemption between 6-12 months
Management Fee 2% p.a. of Net Asset Value
Performance Fee Up to 10% of the appreciation in the Net Asset Value (NAV) of the fund which exceeds 10% p.a. during a calendar year paid to the Investment Manager annually in arrears.
Bloomberg Ticker MAKQEFD BI
WKN A0J3RN
ISIN BH000A0J3RN5
Zawya Code MAKQTRE.MF
Lipper ID 65038278
Reuters ID LP65038278