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The Chimera S&P UAE Shariah ETF - Accumulating (CHAESH) is an exchange-traded fund aimed at tracking the performance of the S&P UAE Domestic Shariah Liquid 35/20 Capped Index. The fund provides access to the United Arab Emirates equity markets and reinvests dividends received. The fund was launched on 20th July 2020 and is managed by Lunate Capital LLC. It has a total expense ratio of 1.00% and its net asset value stands at 6.642 AED. The fund's assets under management total 116.24 million AED. It has 30 holdings and 17,500,000 outstanding shares. The fund's performance since inception has been 80.99%. The fund is traded on the Abu Dhabi Securities Exchange.
The Chimera S&P UAE UCITS ETF - Income (CHAEIN) is an exchange-traded fund that aims to deliver investment returns by tracking the S&P UAE BMI Liquid Capped 20/35 Index. The fund provides a single access point to the UAE equity markets and distributes dividends semiannually when available. The fund was launched on 23rd February 2021, and it is managed by Lunate Capital Limited. The fund's total expense ratio is 1.00%, and it rebalances quarterly. As of now, the fund has a net asset value of 4.335 AED, with 121.38 million AED in assets under management and 28 million outstanding shares. The fund's distribution yield is 3.01%. The fund's performance since inception is 18.12%, slightly lower than the benchmark's 18.96%. The fund is primarily invested in the financials sector, followed by communication services and real estate.
The Chimera S&P KSA Shariah ETF - Income (CHSASHIN) is an exchange-traded fund that aims to replicate the performance of the S&P Saudi Arabia Shariah Liquid 35/20 Capped Index. It provides a single access point to the Kingdom of Saudi Arabia equity markets. The fund was established on 17th January 2022, with dividends being distributed semiannually when available. The fund's total expense ratio is 1.00%. It is managed by Lunate Capital LLC and domiciled in the UAE. The fund's net asset value (NAV) is AED 3.725, with assets under management (AUM) of AED 113.61 million. The fund's top holding is Al Rajhi Banking & Investment Corporation SJSC, accounting for 32.38% of the fund's portfolio.
The Chimera S&P Kuwait Shariah ETF - Income (CHKWSHIN) is an exchange-traded fund that aims to provide investment returns that correspond to the performance of the S&P Kuwait Shariah Liquid 35/20 Capped Index. The fund was launched on 21st February 2022 and is managed by Lunate Capital LLC. It provides a single access point to the Kuwait equity markets and distributes dividends semiannually. The fund has a total expense ratio of 1.00% and a net asset value of 3.174 AED. The ETF's distribution yield is 3.42%, and it holds 15 different assets. The fund is domiciled in the UAE and trades on the Abu Dhabi Securities Exchange. Its performance since inception has been -11.97%.
The Chimera FTSE ADX 15 ETF - Income (CHADX15) is an exchange-traded fund that aims to provide investment returns that align with the performance of the FTSEADX15 Index. The fund provides investors with access to the top 15 companies listed on the ADX. Dividends received by the fund are distributed semiannually. The fund's base and share class currency is AED, and it was launched on 23rd November 2022. The fund has a total expense ratio of 1.00%, and its net asset value (NAV) is 3.168 AED. The fund is managed by Lunate Capital LLC and has 82,250,000 outstanding shares. The fund's year-to-date performance is -2.48%, and its performance since inception is -13.67%. The fund is traded on the Abu Dhabi Securities Exchange.
The Board of Directors of RAK Ceramics PJSC has invited shareholders to attend the Annual General Meeting on 26 March 2024, at the Waldorf Astoria Hotel in RAK, Al Jazerrah Al Hamra or online. The agenda includes approval of the company's financial position and the auditor's report for 2023, approval of the balance sheet and profit and loss account for 2023, approval of the interim cash dividend and the recommended dividend for the second half of 2023, approval of transfers to retained earnings, approval of board remuneration, discharging or removing board members and the auditor, appointing auditors for 2024, and electing board members. Shareholders attending virtually must register electronically to vote. Shareholders can delegate a proxy to attend, with certain conditions.
R.A.K. Ceramics P.J.S.C has announced the opening of nominations for its Board of Directors membership, from 01/03/2024 to 10/03/2024. Seven board members will be elected. Applications for nomination can be submitted to the company's head office in Ras Al Khaimah. Applicants must meet conditions outlined in the Federal Law No. (32) of 2021 and the Chairman of Authority's Board of Directors' Decision no. (3/Chairman) of 2020. Candidates cannot transfer their nomination after the nomination period ends. The list of candidates will be published on the company's website and at the head office on 22/03/2024, and will be sent to the Securities and Commodities Authority.