Aditum Global Sukuk Fund
A conservative portfolio with proven downside protection during times of market turmoil, whilst still participating in the upside when markets recover.
| Fund Information | |
|---|---|
Domicile | Luxembourg |
Regulatory Framework | UCITS – SICAV |
Investment Manager | Aditum Investment Management Limited |
Portfolio Managers | Manoj Mahadev, Omer Chowdhry |
Shari’a Advisor | Dar Al Sharia |
Geographical Focus | Global |
Fund Type | Global Sukuk |
Structure | Open Ended |
Currency | USD |
Inception Date | 16 November 2020 |
Dealing Frequency | Daily |
Redemption Notice | 1 Business Day |
Lock Up | None |
Dividend Frequency
(Inc. share classes only) | Monthly |
The Global Sukuk Fund will invest in a diversified portfolio of Sukuk both in the MENA region and Globally. The Fund aims to achieve regular income as well as capital growth, with certain share classes making income distributions on a monthly basis. The Fund will achieve diversification by investing in a basket of eligible asset-based Sukuk with various maturities, from a variety of issuers.
Investment Strategy
The investment strategy is guided by the investment team’s three core beliefs:
Active Investment Management & Investment Diversification
A portfolio of diversified, actively managed Fixed Income assets that has the potential to generate attractive returns over a full market cycle.
Fundamental Research
Detailed fundamental assessments of each issuer in the market by a locally based experienced investment team combined with rigorous credit research.
Risk Allocation
A thoughtful allocation of risk in investment portfolios can be a significant component of successful realization of capital appreciation.
Manoj Mahadev
Head of Investments
Manoj Mahadev joined Aditum in November 2020 and is a seasoned portfolio manager with over two decades of experience spanning global markets, Mr. Mahadev has held a number of senior positions during his career, recently Senior Dealer in the Treasury division of RAK Bank as well as Head of Marketable Securities at Arab Banking Corporation where he played a major role in the set-up of the DCM business. He also spent 8 years at Emirates NBD as Head of Trading.
Omer Chowdhry
Head of Fixed Income and Multi-Asset Strategies
Omer Chowdhry is an experienced portfolio manager with over 16 years of portfolio management and trading experience, with considerable expertise covering Global Fixed Income Markets and Equities. Prior to joining Aditum in April 2021, Mr. Chowdhry spent 5 years at Union National Bank as AVP and Manager in their Treasury and Investment Department. He also spent 5 years as Senior Equity Trader at T3 Trading Group, New York.
Mr. Chowdhry holds a BSc Mathematics from University of Michigan at Ann Arbor and MBA from Cornell University.
Mir Muntasir
PORTFOLIO MANAGER
Mir Muntasir joined Aditum in June 2023. Mr. Muntasir has been managing investments for almost 8 years within fixed income, private debt, and alternative credit investments.
Prior to joining Aditum, Mr. Muntasir worked with Emirates NBD Asset Management as an analyst in multi-asset and fixed income for 4 years and spent almost 2 years with Abu Dhabi Capital Group managing distressed credit and alternative credit investments. Mr. Muntasir managed the fixed income funds and private credit investments for Daman Investments for 18 months.
Mr. Muntasir holds a MSc. Finance from University of Stirling and a BA Economics & Finance from the University of Nottingham.
| Fund Information | |
|---|---|
Domicile | Luxembourg |
Regulatory Framework | UCITS - SICAV |
Investment Manager | Aditum Investment Management Limited |
Portfolio Managers | Manoj Mahadev, Omer Chowdhry |
Shari’a Advisor | Dar Al Sharia |
Geographical Focus | Global |
Fund Type | Global Sukuk |
Structure | Open Ended |
Currency | USD |
Inception Date | 16 November 2020 |
Dealing Frequency | Daily |
Redemption Notice | 1 Business Day |
Lock Up | None |
Dividend Frequency
(Inc. share classes only) | Monthly |
The Global Sukuk Fund will invest in a diversified portfolio of Sukuk both in the MENA region and Globally. The Fund aims to achieve regular income as well as capital growth, with certain share classes making income distributions on a monthly basis. The Fund will achieve diversification by investing in a basket of eligible asset-based Sukuk with various maturities, from a variety of issuers.
Investment Strategy
The investment strategy is guided by the investment team’s three core beliefs:
Active Investment Management & Investment Diversification
A portfolio of diversified, actively managed Fixed Income assets that has the potential to generate attractive returns over a full market cycle.
Fundamental Research
Detailed fundamental assessments of each issuer in the market by a locally based experienced investment team combined with rigorous credit research.
Risk Allocation
A thoughtful allocation of risk in investment portfolios can be a significant component of successful realization of capital appreciation.
Omer Chowdhry
Head of Fixed Income and Multi-Asset Strategies
Omer Chowdhry is an experienced portfolio manager with over 16 years of portfolio management and trading experience, with considerable expertise covering Global Fixed Income Markets and Equities. Prior to joining Aditum in April 2021, Mr. Chowdhry spent 5 years at Union National Bank as AVP and Manager in their Treasury and Investment Department. He also spent 5 years as Senior Equity Trader at T3 Trading Group, New York.
Mr. Chowdhry holds a BSc Mathematics from University of Michigan at Ann Arbor and MBA from Cornell University.
Manoj Mahadev
Head of Investments
Manoj Mahadev joined Aditum in November 2020 and is a seasoned portfolio manager with over two decades of experience spanning global markets, Mr. Mahadev has held a number of senior positions during his career, recently Senior Dealer in the Treasury division of RAK Bank as well as Head of Marketable Securities at Arab Banking Corporation where he played a major role in the set-up of the DCM business. He also spent 8 years at Emirates NBD as Head of Trading.
Mir Muntasir
PORTFOLIO MANAGER
Mir Muntasir joined Aditum in June 2023. Mr. Muntasir has been managing investments for almost 8 years within fixed income, private debt, and alternative credit investments.
Prior to joining Aditum, Mr. Muntasir worked with Emirates NBD Asset Management as an analyst in multi-asset and fixed income for 4 years and spent almost 2 years with Abu Dhabi Capital Group managing distressed credit and alternative credit investments. Mr. Muntasir managed the fixed income funds and private credit investments for Daman Investments for 18 months.
Mr. Muntasir holds a MSc. Finance from University of Stirling and a BA Economics & Finance from the University of Nottingham.
Disclaimer
This information has been provided in good faith and from sources believed to be reliable but no guarantee is given as to its accuracy. Past performance is no guarantee of future returns and investors may get back less than the amount originally invested. The value of investments can go down as well as up.
The information contained in this document is provided for information purposes only and does not constitute investment advice. Potential investors are reminded to seek professional advice before investing.
Dissemination of this information is strictly prohibited and the content remains the property of Aditum Investment Management Limited, a company incorporated in the Dubai International Financial Centre and regulated by the Dubai Financial Services Authority. Data source: Aditum, Bloomberg, USD terms, income reinvested, bid to bid, periods as stated.
Aditum Investment Management Limited is regulated by the DFSA for the provision of Arranging Deals in Investments, Advising on Financial Products, Arranging Custody, Managing Collective Investment Funds, Managing Assets and Arranging Credit and Advising on Credit. Aditum Investment Management Limited holds an Islamic Endorsement to conduct Islamic Financial Business by Operating an Islamic Window.
All communications and services are directed at Market Counterparties and Professional Clients only, persons other than Market Counterparties and Professional Clients, such as Retail Clients (as defined in the DFSA Rulebook), are NOT the intended recipients of our communications or services.
Aditum Investment Management Limited is a company established in the DIFC pursuant to the DIFC Companies Law with registration number CL2833.