Report

Equity investment in a growing economy

Qatar Investment Fund (QIF) aims to generate long-term capital growth from a relatively concentrated portfolio of c 25 holdings. The majority of the fund is invested in companies listed in Qatar, but up to 15% may be listed in other Gulf Cooperation Council (GCC) countries. Qatar has favourable economic growth led by infrastructure spending and population growth, as the Qatari government actively moves away from its traditional reliance on hydrocarbon-based revenues. QIF is benchmarked against the Qatar Exchange index – its NAV total return has outperformed over one, three and five years.
Underlying
Gulf Investment Fund

Gulf Investment Fund is a closed-end investment company based in the Isle of Man. Co.'s investment objective is to capture, principally through the medium of the Qatar Exchange (formerly the Doha Securities Market), the opportunities for growth offered by the expanding Qatari economy by investing in listed companies or companies soon to be listed. Co. also invests in listed companies, or pre-IPO companies, in other Cooperation Council for Arab States of the Gulf (GCC) countries. Co.'s top five holdings include Qatar National Bank, Commercial Bank of Qatar, Qatar Islamic Bank, Industries Qatar and Ooredoo. As of June 30, 2014, Co. had total assets of US$220,074,000.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

.

Analysts
Mel Jenner

Other Reports on these Companies
Other Reports from Edison Investment Research

ResearchPool Subscriptions

Get the most out of your insights

Get in touch