The Daman UAE IPO Fund provides ease of access to the region’s most exciting newly listed companies. With a low entry point of just AED 1,000, the fund offers professionally managed exposure, higher allocation potential in the IPO opportunity, and access to firms listed in the UAE and beyond, without the complexity of navigating IPO markets on your own.
The investment objective of the Fund is to generate medium term capital growth by investing in securities issued by companies that are undertaking an initial public offering either in the UAE or on other global exchanges, or by investing in companies that have listed on UAE or other global exchanges in the previous five (5) years.
The Fund may also on a temporary basis invest up to 75% of its assets in cash or cash equivalent instruments (such as cash deposits, money market instruments, up to A- rated short-term bonds, etc.), if there are limited attractive IPO investment opportunities in the near-term.
The Fund shall invest at least 60% of the Fund’s assets in the investments in the UAE and may invest up to 40% of the Fund’s assets in other global ex-UAE exposures.
The investment strategy of the Fund will be bottom-up fundamentally driven. The focus will be on the companies whose securities can provide strong price appreciation based on a number of factors, such as but not limited to solid earnings growth potential, cheap valuation, high dividend yield and unique product/services offering.
Fund documents, financial reports and performance reports for each Daman UAE IPO fund. Reports are available for every period since launch.
Select a period to open the report. The latest period is shown by default.
Please note that the auditor for the Daman UAE IPO fund will be the local office of the appointed auditor at master fund level.
