OMAN: A 6.2% return was charted for ahli Global Equity Fund in Q1 2024 with a net asset value of OMR0.85 (US$2.21) as at the 31st March 2024. For the whole of 2023, it recorded a 17.1% return. On an annualized basis from March 2023 to March 2024, the fund achieved a return rate of 22.1%. It also recorded an average annualized return of 13% over three years. The fund focuses on global markets, with a strong emphasis on the GCC region, and also invests in companies from the US and China across various sectors.
Restricted Access
Login to continue reading (existing subscriber)
Subscribe NOW and get:
- Gain unlimited access through all key operating platforms
- Full access to all listed Islamic funds & fund profiles
- Unlimited access to all Islamic fund managers
- Access to all exclusive articles, reports, podcasts & videos
- Complimentary access to all IFN Investor Forums