Gulf Investment Fund (GIF) Ordinary USD0.01
Sell:$2.30
Buy:$2.38
0
Change:
$0.04
(1.71%)
$0.04
(1.71%)
Market closed |
Prices as at close on 10 May 2024
Prices delayed by at least 15 minutes
|
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|
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Sell:$2.30
Buy:$2.38
Change:
$0.04
(1.71%)
$0.04
(1.71%)
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
Market closed |
Prices as at close on 10 May 2024
Prices delayed by at least 15 minutes
|
Switch to live prices
|
Sell:$2.30
Buy:$2.38
Change:
$0.04
(1.71%)
$0.04
(1.71%)
Market closed |
Prices as at close on 10 May 2024
Prices delayed by at least 15 minutes
|
Switch to live prices
|
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
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.
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.
| 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% |
Fee Structure
Annual management fee 0.8% NAV, payable quarterly in arrears. Contract terminable on notice period of 12 months.
Dividend Policy
The Board announced the implementation of an enhanced dividend policy targeting an annual dividend equivalent to 4% of NAV at the end of the preceding year, to be paid in semi-annual instalments.
ASSET SPLIT
Trust Manager
Not currently available for this investment trust.
Manager Bio
Not currently available for this investment trust.
Board Of Directors
Anderson WhamondChairman, David Humbles, Patrick Grant
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.
Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
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'.