Investment Trusts

Gulf Investment Fund plc

QIF:LSE

Gulf Investment Fund plc

  • Price (USD)2.42
  • Today's Change0.00 / 0.00%
  • Shares traded2.63k
  • 1 Year change12.56%
  • Beta0.6499
Data delayed at least 20 minutes, as of May 17 2024 09:45 BST.
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Profile data is unavailable for this security.

About the company

Gulf Investment Fund plc is an Isle of Man-based investment company, which focuses on Gulf Co-operation Council (GCC) countries. The Company’s investment objective is to capture the opportunities for growth offered by the expanding GCC economies by investing, through its wholly owned subsidiary, in listed or soon to be listed companies on one of the GCC exchanges. It invests in various industry sectors, such as financials, real estate, industrials, energy, information technology sectors and among others. The Gulf Cooperation Council region comprises: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The Qatar Insurance Company S.A.Q. (QIC) acts as the Company's Investment Adviser. Its subsidiary, Epicure Qatar Opportunities Holding Limited, holds investment on behalf of the Company.

  • Revenue in USD (TTM)26.90m
  • Net income in USD25.21m
  • Incorporated2007
  • Employees0.00
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Profile

Management group(s)Qatar Insurance Company SAQ
AIC sectorGlobal Emerging Markets
ISINIM00B1Z40704
Launch date31 Jul 2007
Share typeOrdinary Share
StructureInvestment Trust
Base currencyUSD

Objective

To capture the opportunities for growth offered by the expanding GCC economies by investing in listed companies on one of the GCC exchanges or companies soon to be listed on one of the GCC exchanges. The Company applies a top-down screening process to identify those sectors which should most benefit from sector growth trends. Fundamental industry and company analysis, rather than benchmarking, forms the basis of both stock selection and portfolio construction.

Managed by

Bijoy Joy

Management & contract fees

Annual management fee 0.8% NAV, payable quarterly in arrears. Contract terminable on notice period of 12 months.

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
Riverstone Credit Opprtnts Incm PLC7.89m5.72m83.54m0.0083.54m0.00
Barings Emerging Emea Opportunities PLC1.90m214.65k84.28m0.0084.28m0.00
Schroder BSC Social Impact Trust PLC688.39k-779.84k87.60m0.0087.60m0.00
Hydrogenone Capital Growth PLC11.88m9.29m93.91m0.0093.91m0.00
Marble Point Loan Financing Ltd9.34m17.04m94.04m0.0094.04m0.00
Gulf Investment Fund PLC26.90m25.21m94.25m0.0094.25m0.00
Mobeus Income & Growth 4 VCT PLC8.62m5.65m95.48m0.0095.48m0.00
EPE Special Opportunities Ltd4.76m-503.56k97.00m0.0097.00m0.00
Rockwood Strategic PLC14.11m12.36m98.13m0.0098.13m0.00
Geiger Counter Ltd31.95m29.29m98.90m0.0098.90m0.00
Thames Ventures VCT 1 PLC-14.49m-17.98m99.22m0.0099.22m0.00
Value and Indexed Property IncomTrstPLC-23.17m-29.46m100.88m0.00100.88m0.00
Migo Opportunities Trust PLC743.01k-1.18m102.91m0.00102.91m0.00
Maven Income and Growth VCT 4 PLC-1.81m-5.47m104.33m0.00104.33m0.00
Alpha Real Trust Ltd7.99m1.63m104.47m0.00104.47m0.00
New Star Investment Trust plc10.64m9.20m105.54m0.00105.54m0.00
Data as of May 17 2024. Currency figures normalised to Gulf Investment Fund plc's reporting currency: US Dollar USD

Institutional shareholders

64.93%Per cent of shares held by top holders
HolderShares% Held
City of London Investment Management Co. Ltd.as of 07 Mar 202416.83m41.97%
Bill & Melinda Gates Foundation Trust (Investment Management)as of 08 Feb 20243.14m7.84%
Sarasin & Partners LLPas of 08 Feb 20242.48m6.18%
The Hongkong & Shanghai Banking Corp. Ltd. (Private Bank HK)as of 08 Feb 20241.03m2.56%
Hargreaves Lansdown Asset Management Ltd.as of 08 Feb 2024635.00k1.58%
Bank J. Safra Sarasin AG (Investment Management)as of 08 Feb 2024448.00k1.12%
Premier Fund Managers Ltd.as of 30 Nov 2023425.00k1.06%
Bank Vontobel AGas of 08 Feb 2024398.00k0.99%
abrdn Investments Ltd.as of 08 Feb 2024365.50k0.91%
Soci�t� G�n�rale Private Wealth Management SAas of 08 Feb 2024290.00k0.72%
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Data from 29 Feb 2024 - 16 May 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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