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The Fund’s objective is to achieve capital appreciation primarily through investments in equities listed on the regulated stock markets of the member countries of the GCC as well as Murabaha and Sukuks as per the Shariah principles as interpreted by the Shariah Advisor and the Shariah guidelines. The Fund will be managed by utilizing both a top down approach in order to determine country and sector allocations and a bottom up approach in order to make individual stock selections. The Fund will also take advantage of price distortions and arbitrage opportunities, which will require an active management style.
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