Mashreq Global Balanced Fund

Fund Details

Investment Objective The Mashreq Global Balanced Fund is a "Fund of Funds" (as defined in the CIR) and as such the investment objective of the Mashreq Global Balanced Fund is to deliver current high income by investing in a broad range of globally diversified investment funds (“Underlying Fund(s)”). The Underlying Funds will invest in the asset classes of equity, fixed income and alternative strategies (as described below) and will be geographically diversified. The Mashreq Global Balanced Fund does not have a benchmark, but has an annual absolute return target of 5% net of fees.
Fund and Investment Manager Mashreq Capital (DIFC) Ltd. 
Fund Type Open Ended Fund 
Domicile DIFC, Dubai
Regulator of Fund Manager Dubai Financial Services Authority (DFSA)
Currency USD
Minimum Subscription The minimum initial and subsequent subscription amount that any one person can hold is one US dollar.
Administrator and Registrar Apex Fund Services (Dubai) Ltd
Custodian First Abu Dhabi Bank PJSC
Auditor  Deloitte & Touche (ME)
Valuation Each Business Day
Subscription and Redemption Each Business Day
Notice Periods 2 business days
Subscription Fee Up to 5% 
Redemption Fee Up to 2%
Management Fee 0.20% per annum of the Net Asset Value per Share Class in respect of the Class “GB A” Shares
1.00% per annum of the Net Asset value per Share Class in respect of the “GB B” Shares
1.20% per annum of the Net Asset Value per Share Class in respect of the Class "GB C” Shares
0.5% per annum of the Net Asset Value per Share Class in respect of the Class "GB I" Shares
Distribution Fee 0% in respect of Class “GB A” and “GB C” Shares
0.2% in respect of Class “GB B” Shares
0.5% in respect of Class “GB I” Shares
Performance Fee No performance fee will be payable
Bloomberg Ticker MASGHIA UH in respect of Class 'GB A' Shares
MASGHIB UH in respect of Class 'GB B' Shares
MASGHIC UH in respect of Class 'GB C' Shares
MAMGBGI UH in respect of Class ‘GB I’ Shares
ISIN AEDFXA3CN018 in respect of Class 'GB A' Shares
AEDFXA3CI018 in respect of Class 'GB B' Shares
AEDFXA3CI026 in respect of Class 'GB C' Shares
AEDFXA03C232 in respect of Class ‘GB I’ Shares
*Please note with effect from 1st January 2018, all fees & charges mentioned above are subject to additional 5% Value Added Tax

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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