MENA Value

The “MENA Value” Portfolio is an absolute return strategy that aims to achieve long-term (three to five years) capital appreciation by investing in listed equities and fixed income securities in the Middle East/North Africa region (MENA) and Turkey.  The investment team seeks to hold a highly diversified portfolio with the intent to manage unsystematic risk, turnover, and volatility over a long-term time horizon. Investments are selected based on a bottom-up approach by screening for high return on invested capital, strong balance sheet, high and sustainable dividend yield, strong business model and attractive valuations. The MENA Value portfolio has a low turnover and a higher sharpe ratio when compared to the S&P Pan Arabia Index.