Lunate Capital Introduces JP Morgan Chimera Fund
The fund is scheduled for listing on the Abu Dhabi Securities Exchange on March 26th.
Lunate Capital Limited has introduced the Chimera GB Morgan UAE Yield Estes Traded Fund.[1]
This fund is licensed by Abu Dhabi's Financial Services Regulatory Authority, Lunate Capital Management Limited, a subsidiary of Lunit Holdings Restricted Limited.
The Chimera GB Morgan UAE Yield Estes Traded Fund is tailored to track the performance of the GB Morgan MSCI UAE Investment Grade Index. It offers a diversified portfolio of UAE-denominated bonds, including both liquid and US dollar-denominated options issued by sovereign, quasi-sovereign, and corporate entities within the United Arab Emirates.
These bonds, boasting investment-grade ratings and minimum issuance amounts of $500 million, present robust investment potential.
Scheduled for listing on the Abu Dhabi Securities Exchange on March 26th, the fund adheres to the undertakings for collective investment in transferable securities (UCITS) rules, ensuring stringent portfolio diversification requirements.