Dubai Growth Fund (Enmaa)
Enmaa' or Dubai Growth Fund (DGF) Class A is a 99.99 million U.S. Dollar Open-Ended Public Shariah-Compliant Mutual Fund. Launching in 2007, DGF invests in public and private equity opportunities primarily in the Middle East and selected international markets that adhere to the Dow Jones Islamic Indexes criteria. The Fund targets pre-IPO and soon-to-be-listed companies, in addition to under-valued publicly-listed equities.
As of February 2011, the Fund announced its redemption and posted returns in excess of 27%. The Dow Jones World Market Index served as DGF’s benchmark and over the life of the Fund remained flat. 3iC Group’s risk mitigation strategy ensured that the net asset value of DGF never turned negative and yielded positive returns during the most recent Global Financial Crises.
Disclaimer:
This site is intended to provide you with information about Dubai Growth Fund. Important information about the Fund is contained in the Offering Memorandum which should be read carefully before investing. The Offering Memorandum for the Fund does not constitute an offer or solicitation to anyone in any jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation.