Masraf Al Rayan has said its flagship investment fund ‘Al Rayan GCC Fund’ has been offering “consistently strong” returns with investors enjoying 10% appreciation in the last four months, making it the best performing fund based in Qatar.
Al Rayan GCC Fund -- which is focused on delivering medium-to-long term capital appreciation by investing in Shariah-compliant GCC listed equities and sukuks -- has Q-Fund, denominated in riyals and is only for Qatari investors (individual and institutional); while the F-Fund is denominated in dollars and open to all investors.
Although 2011 was an “extremely difficult” year for the GCC markets as they fell in excess of 9%; the fund manager, Al Rayan Investment, said since the start of 2011, Al Rayan GCC Fund (Q) and (F) are up 6.6% and 5.5% respectively.
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