Qatar Gate Fund
The Qatar Gate Fund (N/Q) invests primarily in listed Qatari equities across sectors and market-caps and are managed by Amwal in Doha, Qatar.
|Structure ||An open-ended investment fund established by Amwal (Q.S.C.P.) in accordance with Law No. (25) of 2002 Concerning Investment Funds and the Ministry of Economy and Commerce Decision No. 69 of 2004 promulgating the Implementing Regulations of Law No. (25) of 2002 |
|Objective ||To achieve long-term capital appreciation primarily through investing in publicly traded Qatari equity securities |
|Markets covered ||Qatari Stock Exchange ("DSM") |
|Base currency ||QAR |
|Management Fee ||1.75% |
|Performance Fee ||15% Over 10% Hurdle Rate |
|Minimum subscription ||QAR 100,000 |
|Subscription/Redemption ||Monthly |
|Administrator ||HSBC |
|Custodian ||HSBC |
|Bloomberg ||NA |
|ISIN ||NA |
The Fund Manager's Market Commentary for April, 2013
Qatar Gate Fund gained 1.6% (Class Q) and 1.4% (Class N) forthe month of April, outperforming the Qatar Exchange Index return of 1.2%. Our view on Qatar equities remains positive, and we expect to see further momentum as the government accelerates spending on certain large infrastructure projects.
We are proud to share that Qatar Gate Fund was ranked as the top fund in a recent ranking of MENA equity funds in the prestigious MENA Asset Management Barometer,prepared by MENA FM. The Barometer ranked the top 10 funds in MENA by performance over the last three years. Details are included on the last page of this fact sheet.
Qatar Gate Fund (N)Forms & Prospectus
Qatar Gate Fund (Q)Forms & Prospectus