The Fund will seek high returns for investors by investing primarily in telecom companies listed on Arab equity markets and non-listed telecom stocks. The Fund may also invest available cash in deposits, and Sukuk and bonds issued by the governments of Cooperation Council for the Arab States of the Gulf as well as investing in investment funds that comply with the Fund's articles of association.
The Fund adopts a balanced investment policy that aims at long-term capital appreciation with minimum possible risk to accommodate the Fund's nature. The Fund Manager invests in telecom equities with strong fundamentals and promising growth prospects in addition to considering other financial factors in selecting telecom companies for equity investment. The Fund Manager may invest more than 15% of the fund’s net assets in one single listed telecom company given it does not exceed the security’s sector weight. In addition, the Fund Manager may invest up to 15% of the fund’s net assets in Sukuk or Bonds issued by governments in the GCC and may invest up to 10% of the fund’s net assets in unquoted telecom equities.