Latest Threads
Check out what has been happening in the community
Check out what has been happening in the community
Date: 01/10/2024 Ref: L/C/1/11024 To: The Disclosures & Compliance Section, Market Operations Surveillance Department, Abu Dhabi Securities Exchange, P.O. Box 54500, Abu Dhabi, UAE The Securities and Commodities Authority, Disclosure Department Subject: The National Investor PrJSC Announces the Resignation of the Managing Director and the Appointment of a Replacement The National Investor PrJSC (the Company) announces that Mr. Rami Hurieh has resigned from his position as Managing Director. The board has accepted his resignation and appointed Ms. Meera Abu Yussuf, the current group financial controller, to coordinate with the Chairman of the Board on matters related to the group’s investment portfolio. Mr. Rami Hurieh will continue to serve as an Audit Committee Member. The board and employees thank Mr. Hurieh for his efforts and wish him success in his new role as Chief Operating Officer of NCC Holding LLC in Abu Dhabi. Sincerely, The National Investor PrJSC
Eshraq Investments PJSC has scheduled its Board of Directors' Meeting No. 5 for the year 2024 on Friday, October 4, 2024. The meeting will be conducted via video and audio conference call, starting at 11:30 AM. The agenda for the meeting includes discussing general business matters that will not impact the share price. The disclosure was signed by Mohammad Al Bazaieh, the Corporate/Board Secretary, and addressed to the Disclosure and Compliance Section of the Abu Dhabi Securities Exchange.
The Chimera S&P US Shariah Growth ETF - Accumulating (CHUSSHG) is an exchange-traded fund (ETF) that aims to closely track the performance of the S&P 500 U.S. Shariah Top 30 35/20 Capped Index. The fund reinvests dividends and provides access to the US equity markets. Key details include: - Asset Class: Equity - Fund Base Currency: USD - Share Class Currency: AED - Inception Date: 30th June 2022 - Total Expense Ratio: 1.00% - Domicile: UAE - Rebalance Frequency: Quarterly - Management Company: Lunate Capital LLC - Number of Holdings: 30 Performance since inception shows a return of 72.47%, with the benchmark at 77.22%. The fund's top holdings include companies like Apple, Microsoft, and NVIDIA. Sector allocation is primarily in Information Technology (50.5%), followed by Communication Services (13.0%) and Consumer Discretionary (12.3%). Trading information: - Exchange: Abu Dhabi Securities Exchange - Ticker: CHUSSHG - Trading Currency: AED - Trading Hours: 10am - 3pm GST The fund's net asset value (NAV) and financial information are verified by Lunate Capital LLC and BNY Mellon. The ETF is marketed by Lunate Capital LLC, which is regulated by the Securities and Commodities Authority.
The Chimera S&P Turkey Shariah ETF - Income (CHTRSHIN) is an exchange-traded fund aiming to closely match the performance of the S&P Turkey Shariah Liquid 35/20 Capped Index. The fund provides access to Turkey's equity markets and distributes dividends semiannually. Key details include an inception date of August 8, 2022, a total expense ratio of 1.00%, and a net asset value of AED 5.474. The fund is domiciled in the UAE and managed by Lunate Capital LLC. It holds 20 securities, with a total asset under management of AED 27.37 million. The ETF's performance since inception is 183.57%, compared to the benchmark's 180.58%. Sector allocations include Industrials, Consumer Staples, Energy, Materials, and others. Major holdings are BIM Birlesik Magazalar AS, Turkiye Petrol Rafinerileri AS, and ENKA Insaat ve Sanayi AS. The fund trades on the Abu Dhabi Securities Exchange under the ticker CHTRSHIN.
The Chimera S&P US Shariah Value ETF - Income (CHUSSHINV) is an exchange-traded fund (ETF) that aims to closely match the performance of the S&P High Yield Dividend Aristocrats U.S. Shariah 35/20 Capped Index, offering a single access point to the U.S. equity markets. The fund distributes dividends semiannually and has a total expense ratio of 1.00%. It is domiciled in the UAE and managed by Lunate Capital LLC. The ETF's net asset value (NAV) is AED 4.437, with assets under management (AUM) totaling AED 12.20 million. The fund consists of 30 holdings, with a distribution yield of 0.76%. Its top sectors include Health Care, Consumer Staples, and Energy. The top holdings are Exxon Mobil Corp, Procter & Gamble Co, and Johnson & Johnson. The fund's performance since inception on June 30, 2022, has been 20.81%, closely mirroring its benchmark. The ETF is traded on the Abu Dhabi Securities Exchange under the ticker CHUSSHINV.
The Chimera S&P China HK Shariah ETF - Income (CHHKSHIN) is an exchange-traded fund aiming to closely match the performance of the S&P China Hong Kong-Listed Shariah Liquid 35/20 Capped Index. It provides access to the Hong Kong equity markets and distributes dividends semiannually. Key details include: - Asset Class: Equity - Fund Base Currency: HKD - Share Class Currency: AED - Inception Date: June 2, 2023 - Total Expense Ratio: 1.00% - Domicile: UAE - Management Company: Lunate Capital LLC - NAV (AED): 4.438 - AUM (AED mln): 22.19 - Shares Outstanding: 5,000,000 - Number of Holdings: 30 - Rebalance Frequency: Quarterly Performance since inception shows the ETF at 19.72% compared to the benchmark at 19.55%. The fund's top sector allocation is Consumer Discretionary (80.8%), and the top holdings include Alibaba Group Holding Ltd (32.24%) and Meituan (17.09%). Trading information includes: - Exchange: Abu Dhabi Securities Exchange - Ticker: CHHKSHIN - Trading Currency: AED - Trading Hours: 10am - 3pm GST - Settlement: T + 2 Lunate Capital LLC administers the fund and is regulated by the Securities and Commodities Authority.
The Chimera S&P India Shariah ETF - Income (CHINDSHI) is an exchange-traded fund that aims to provide investment returns that closely match the performance of the S&P India Shariah Liquid 35/20 Capped Index. The fund offers access to the Indian equity markets and distributes dividends semiannually when available. Key facts include: - Asset Class: Equity - Fund Base Currency: INR - Share Class Currency: AED - Inception Date: January 24, 2024 - Total Expense Ratio: 1.00% - Dividend Treatment: Distributing - Domicile: UAE - Methodology: Replicating - Product Structure: Physical - Rebalance Frequency: Quarterly - Management Company: Lunate Capital LLC - Net Asset Value (NAV): AED 4.071 - Assets Under Management (AUM): AED 36.64 million - Shares Outstanding: 9,000,000 - Number of Holdings: 30 Performance since inception (January 24, 2024) shows the ETF at 11.93% compared to the benchmark's 16.66%. The ETF trades on the Abu Dhabi Securities Exchange under the ticker CHINDSHI. Sector allocation includes Information Technology (32.1%), Energy (26.5%), and Consumer Discretionary (11.5%). The top holdings are Reliance Industries Ltd (23.76%), Infosys Ltd (15.80%), and Tata Consultancy Services Ltd (10.08%). The fund is managed by Lunate Capital LLC, licensed and regulated by the Securities and Commodities Authority.