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Gulf Investment Fund (GIF) Ordinary USD0.01

Sell:$2.28 Buy:$2.32 0 Change: $0.02 (0.86%)
Market closed Prices as at close on 21 June 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:$2.28
Buy:$2.32
Change: $0.02 (0.86%)
Market closed Prices as at close on 21 June 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:$2.28
Buy:$2.32
Change: $0.02 (0.86%)
Market closed Prices as at close on 21 June 2024 Prices delayed by at least 15 minutes | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Open:
$2.32
Trade high:
$2.34
Year high:
$2.64
Estimated NAV:
250.61
Previous close:
$2.32
Trade low:
$2.28
Year low:
$1.85
Premium/Discount:
-7.42%
Previous:
$0.00 (0.00%)
Previous:
$0.00
Volume:
107,425
Dividend yield:
3.49%
Currency:
USD
Data delayed by at least 15 minutes.

Price

  • Net Asset Value (NAV)
GULF performance chart

Premium/Discount

GULF performance chart
Full interactive share price and premium / discount charts

Performance

Not available for this stock.

Trust Basics

Benchmark: S&P GCC Composite TR USD
Annual management charge: n/a
Performance fee: No
Ongoing charge: 1.50%
Dividend yield: 3.49%
Dividend frequency: Semi-Annually
Total assets: £98m
Gross gearing: 0%
Market capitalisation:Market cap.: £90m
Shares in issue: 38.95 million
Legal structure Closed Ended Investment Company
Domicile: Isle of Man
ISIN IM00B1Z40704

Recent dividends paid or declared by Gulf Investment Fund:

Type Ex-div date Payment date Amount
Final 15/02/2024 22/03/2024 4.05¢
Interim 14/09/2023 20/10/2023 4.05¢
Final 09/02/2023 17/03/2023 3.51¢
1st interim 08/09/2022 21/10/2022 3.51¢
Final 13/01/2022 11/03/2022 2.47¢

This data is provided by Digital Look. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision.

Full dividend history

Five years' total annual Gulf Investment Fund dividends:

Financial
year end
Dividend
yield
Dividend
cover
Total dividend
paid
30/06/2023 2.90% 5.72 $0.08
30/06/2022 1.70% 9.71 $0.07
30/06/2021 3.30% 9.73 $0.05
30/06/2020 2.60% -2.93 $0.03
30/06/2019 2.50% 6.07 $0.03

All dividend data is calculated excluding any special dividends. Historical dividends may be adjusted to reflect any subsequent rights issues and corporate actions.

Full dividend history

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Important Documents



Objective

To capture the opportunities for growth offered by the expanding GCC economies by investing in listed companies on one of the GCC exchanges or companies soon to be listed on one of the GCC exchanges. The Company applies a top-down screening process to identify those sectors which should most benefit from sector growth trends. Fundamental industry and company analysis, rather than benchmarking, forms the basis of both stock selection and portfolio construction.

NET ASSET VALUE (NAV)

Estimated NAV: 250.61
Latest actual NAV: 195.52
Latest actual NAV date: 18 June 2024
Premium/Discount: -7.42%
12m average Premium/Discount: -5.51%
NAV frequency: Weekly
Security Weight
Qatar Gas Transport Co Ltd (Nakilat) QSC 7.43%
Qatar Navigation QSC 7.27%
National Commercial Bank 6.34%
Middle East Healthcare Co 5.56%
Integrated Holding Company 4.80%
Seera Group Holding 4.56%
United International Transportation Co Ltd 4.48%
Maharah Human Resources Co 4.08%
Company For Co-Op Insurance 4.01%
Emaar Properties PJSC 3.93%
Sector Weight
Industrials 22.76%
Financial Services 13.67%
Consumer Cyclical 10.33%
Energy 7.43%
Healthcare 5.58%
Real Estate 3.93%
Basic Materials 3.01%
Communication Services 2.58%
Utilities 0.77%
Country Weight
Saudi Arabia 45.87%
Qatar 20.27%
United Arab Emirates 3.93%

Key Dates

Launch date: 31 July 2007
Financial year end: June
Next AGM: December 2024
Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by NBTrader. Charts provided by Factset. Dividend data provided by Digital Look. Recent trade data provided by MoneyAM. Trust basics, holding data, key dates, objective and NAV provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.