FMG Iraq Fund A10 USD

0.72 / 0.96%
52.79 - 75.93+0.44
NAV in USD1-day change52-week range3-yr sharpe ratio

As of market close Mar 31 2018.

    Total returns on £1,000

    As of Mar 30 2018.


    After decades of oppression and war Iraq is emerging as one of the most exciting frontier market stories in the world. FMG SOF offers investors an easy way to participate in this exciting market. The Fund will be focusing on investments on Iraq Stock Exchange but can also have investments in internationally listed companies operating in Iraq. The majority of the exposure will be long only over time. The Fund will be positioned to take advantage of the growth derived from post-war reconstruction and massive oil production expansion. Iraq’s estimated oil reserves match both those of Russia and Saudi Arabia, yet the total stock market capitalization is only 0.8% of Saudi’s and 1% of Russia’s. The market is untouched by foreign investors and does not correlate to global stock markets


    Fund typeOpen Ended Investment Company
    Income treatmentAccumulation
    Morningstar categoryOther Africa & Middle East Equity
    IMA sector
    Launch date31/05/2010
    Price currencyUSD
    Manager & start date
    Not Disclosed


    Pricing frequencyMonthly
    Fund size
    4.80m GBPAs of Feb 28 2018
    Share class size
    1.06m GBPAs of Feb 28 2018
    Total expense ratio--
    Initial charge--
    Annual charge2.00%
    Exit charge--
    Min. initial investment7,128 GBP
    Min. additional investment--
    Min. regular investment--
    UK ISANo
    Available for saleBermuda, Sweden, United Kingdom


    Asset type

    Non-UK stock
    UK stock

    Top 5 sectors

    Consumer Defensive
    Financial Services
    Communication Services
    Real Estate

    Top 5 Regions

    Middle East
    Emerging Market

    Sector and region weightings are calculated using only long position holdings of the portfolio.

    Top 5 holdings

    Company1 year
    Baghdad Soft Drinks Co--45.59%
    Bank of Baghdad--14.97%
    Asiacell Communications PJSC--12.78%
    Al-Mansour Bank--9.37%
    Mamoura Real Estate Investment--4.81%
    As of Feb 28 2018.Data delayed by at least 60 minutes.

    The performance data shown in tables and graphs on this page is calculated in GBP of the fund/index/average (as applicable), on a Bid To Bid / Nav to Nav basis, with gross dividends re-invested on ex-dividend date. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise.

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