Makaseb Arab Tigers Fund

This Fund has ceased operations as of 15th September 2021.

Fund Details

Investment Objective Aims to achieve long-term capital appreciation by investing in the securities of blue chip companies listed on
the stock exchanges of the Middle East and North Africa (MENA) region. The primary equity markets
targeted by MATF include Saudi Arabia, UAE, Kuwait, Qatar, Egypt, Jordan, Morocco, Oman, Bahrain, Lebanon & Tunisia.
Fund and Investment Manager Mashreq Capital (DIFC) Limited
Fund Type Open ended fund
Domicile Bahrain
Currency USD
Minimum Subscription USD 1,000
Regulator of Fund Manager Central Bank of Bahrain
Administrator and Registrar Karvy Computershare W.L.L
Custodian Citibank N.A., Bahrain
Auditor Deloitte & Touche, Bahrain
International Legal Counsel DLA Piper Middle East LLP
Valuation Each Business Day
Subscription and Redemption Each Business Day
Notice Periods 2 business days
Subscription Fee Up to 5%
Redemption Fee 3% for redemption within first 3 months; 2% for redemption within 3-6 months; 1% for redemption between 6-12 months
Management Fee 2% p.a. of Net Asset Value
Performance Fee 10% of growth above a 10% “hurdle rate” per annum based on a “high-water mark.”
Bloomberg Ticker MAKATFD BI
Lipper ID 65038280
Reuters ID LP65038280

Contact Number & Working Hours

  • Contact Number : +971 4 424 4618
  • Call Center Working Hours : Mon to Fri 8:30am - 5:00pm

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Office Address

Mashreq Capital (DIFC) Ltd
Al Fattan Currency House, Tower 1, Floor 1, Office 111
Dubai International Financial Centre (DIFC)
Post Box 1250, Dubai, UAE

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