AOF Arabian Opportunities Fund
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| Objective |
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- An Open-Ended investment fund, with an opportunistic approach towards MENA investment market as a whole, without any predefined allocation constraints to a given sector or country.
- To achieve capital appreciation primarily through investments in equities listed on the MENA region stock exchanges.
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Investment Process
- Bottom-up, long-term, value oriented investment strategy, seeking companies with strong balance sheets and well-positioned within respective industry groups.
- Absence of constrains by market capitalization or GDP weighted indices. We believe constraints are inherently inefficient in a developing region like MENA.
- Seeking returns on a total return dollar basis.
- Between 20 and thirty 30 individual company investments at any one time, (although there are no obligations that the fund remains within this range).
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| Terms of the Fund |
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| Listing |
Kingdom of Saudi Arabia |
| Structure |
An Open-End Investment Fund |
| Objective |
Long-Term Capital Appreciation |
| Investment Universe |
Middle East & North Africa |
| Investment Manager |
Audi Capital |
| Base Currency |
US Dollar |
| Benchmark |
MSCI Arabian Markets Index |
| Minimum Subscription |
US$ 10,000 |
| Management Fees |
2% per annum |
| Liquidity/Valuation |
Bi-Weekly |
| Subscription Fees |
Up to 3% |
| Custodian/Administrator |
SABB Securities Limited |
| Auditor |
Ernst & Young |
| Inception Date |
September 26th, 2007 |
| Fiscal Year End |
December 31st |
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| Fund Performance |
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| Year |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
YTD* |
| 2010 |
-0.05% |
3.87% |
8.05% |
1.86% |
-11.42% |
-1.91% |
2.72% |
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2.61% |
| 2009 |
-3.99% |
-3.54% |
1.6% |
11.64% |
13.24% |
-1.62% |
3.16% |
1.47% |
8.84% |
-2.89% |
-3.55% |
-4.89% |
18.76% |
| 2008 |
-6.20% |
6.78% |
-4.82% |
11.57% |
-0.76% |
-1.37% |
-3.40% |
-6.73% |
-13.91% |
-29.61% |
-4.82% |
0.60% |
-45.57% |
| 2007 |
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-0.03% |
5.22% |
7.24% |
10.40% |
24.57% |
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| * Year to Date as of July 31. | | |
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