Doha Bank-sponsored QETF achieves return of 20% during 2018

Doha Bank-sponsored QETF achieves return of 20% during 2018:

Doha Bank-sponsored exchange traded fund, QETF, has achieved a total return of 20% during 2018, outperforming most ETFs in the world.

“This achievement is the culmination of untiring efforts of various parties who contributed to the QETF’s success in its first year of operations. This is a testament of the strength in the Qatari economy and market resilience, post the blockade,” Doha Bank Group chief executive Dr R Seetharaman said.

The QETF is a Qatari domiciled fund listed on the Qatar Stock Exchange and is one of the largest ETFs in the Gulf region. It is managed by Amwal.