LHV Persian Gulf Fund invests in listed equities in the Gulf Cooperation Council (GCC) member states: Qatar, the United Arab Emirates, Kuwait, Bahrain, Oman and Saudi Arabia.
The fund invests in sectors that benefit from commercial/industrial expansion initiatives (oil-to-equities transformation): banking, insurance, infrastructure, communication, construction, power and water.
The fund hedges the US dollar risk (most local currencies are pegged to the USD). The fund’s base currency is the euro.
As of 2018-12-31: