Waha MENA Equity Fund

Home Our Funds Waha MENA Equity Fund

The Fund is an absolute return, long/short strategy that invests in Middle East and North Africa (MENA) listed equities.

The Waha MENA Equity Fund invests in a diversified portfolio of publicly-listed companies across the Middle East and North Africa (MENA) regional equity markets. The selection of equities involves in-house fundamental research and a rigorous risk governance framework, as well as sell-side research.

The Fund launched in January 2014, has consistently generated absolute returns for our investors. The Fund is actively managed by a stable, seasoned investment team based in the region with decades of cumulative experience. The Fund follows an absolute return strategy employing a fundamental bottom-up approach with a macro and technical overlay. The Fund has a long bias but has the ability to invest on the short side to generate returns.

Total Return Performance

Returns1 M3 M1 YrYTDAnnualized SI2Cumulative SI2
Fund (Net)1.8%7.9%2.5%6.5%16.2%306.3%
Index15.1%3.0%-16.9%4.6%5.3%61.6%

Calendar Year Performance

Returns201420152016201720182019202020212022
Fund (Net)27.2%7.9%14.0%11.7%6.6%19.7%14.1%32.8%12.8%
Index11.7%-14.4%7.9%4.4%10.4%12.5%1.2%32.7%-5.7%

 

Data presented is as of 30th April 2023. (1) Please note the reference index not to be used as a benchmark for performance as it is not a direct comparison, source: Bloomberg LLP. (2) Inception date of Fund is 1st Jan 2014.

12.8%

Total Return in 2022

306.3%

Total return since Inception

16.2%

Annualised Rate of Return

US$ 788.4 M

Assets Under Management

Awards

0000-00-00

CFI.co Awards 2016 – Best Emerging Markets Investment Manager

2016-09-02

Banker ME - Best GCC Equity Fund

2017-07-01

MENA Fund Manager Performance Award- MENA EQUITY > $50M Best Diversified Asset Manager

2019-11-06

Alternative Asset Manager of the Year

2021-03-01

Top 50 Global Hedge Funds

2022-05-03

EuroHedge Awards 2021

Get In Touch

Please call (02)667 7343, or submit your question using the form.