Chimera S&P UAE UCITS ETF – Accumulating (CHAE)

NAV as of 24/4/2024 AED 4.65
1 Day NAV Change 0.24%

S&P UAE BMI Liquid 20/35 Capped Index

As of 24/04/2024

Ticker symbol Value Change YTD
SPUAECAN 1872.45 (4.37) / (0.23)% (3.05)%

Analytics

Sector Allocation

Financials 37.77%
Real Estate 19.57%
Communication Services 14.45%
Industrials 8.74%
Energy 5.61%
Utilities 5.23%
Materials 2.59%
Consumer Discretionary 2.43%
Industrial 2.32%
Health Care 0.62%
Information Technology 0.34%
Consumer Staples 0.33%

Top 5 Holdings As of 22/04/2024

Emirates Telecommunications Group 14.45%
FIRST ABU DHABI BANK 13.63%
Emaar Properties 12.53%
Emirates NBD PJSC 9.77%
Abu Dhabi Commercial Bank 5.96%

Index Graph

Key Features

Introduction

The constituents of the S&P UAE BMI Liquid 20/35 Capped Index adhere to the eligibility requirements of the S&P UAE BMI Index. The benchmark index measures the performance of the underlying index, excluding those constituents with low liquidity and employing an alternative weighting scheme.

Benchmark Index

S&P UAE BMI Liquid 20/35 Capped Index

Description of Index

Net Total Return

Index Weighting Scheme

The index is weighted by float-adjusted market capitalization, subject to a 20/35 weight capping scheme. To reduce the likelihood of a stock breaching the weight caps. At each rebalancing: 

  • If the largest stock’s weight exceeds 33%, it will be capped at 33%
  • If the weight of any other stock is greater than 19%, it will be capped at 19%

Custom Index Values

  • Be locally listed on the Abu Dhabi Securities Exchange, Dubai Financial Market, or Dubai International Financial Exchange.
  • Have no more than ten non-trading days over the previous quarter.
  • Have an ADTV of at least USD 500,000 for 3 months for at least one of the two quarterly periods preceding the rebalancing reference date.

Frequency of Rebalance

Quarterly

Currency

AED

Base Date

02 Jan 2007

Fund Objective

Chimera S&P UAE UCITS ETF - Share Class A - Accumulating is an exchange traded fund that seeks to provide investors with a total return, taking into account capital and income returns, which reflects the return of an equity index called the S&P UAE BMI Liquid 20/35 Capped Index. The fund allows a single access point to the United Arab Emirates equity markets. The dividends received by the fund will be reinvested.

Fund Information
Ticker CHAE
Bloomberg CHAE
Benchmark SPUAECAN
Date of Listing 24 February 2021
Total Expense Ratio 1%
Base Currency AED
Creation Units 500,000
Listing Dubai Financial Market
Domicile Ireland
Regulatory Structure Irish Collective Asset-management Vehicle
Method Physical / In-Kind
Fund Manager Lunate Capital Limited
Umbrella Name Chimera UCITS ICAV
Fund Characteristics
Number of Holding 30
Total Market Capitalization AED 1,518.24 bn
Weighted Average Market Cap AED 93.84 bn
Weighted Average P/E 15.41
Weighted Average P/B 3.26
Weighted Average Return on Equity 23.42%
Dividend Yield N/A
Historic 3 Year EPS Growth 158.79%
Fund AUM
Assets Under Management AED 2,325,146
Units On offer 500,000

Performance Table As of 17 February 2021

Period 1M 3M YTD 1 Year 3 Year 5 Year 7 Year Since inception**
Index (4.71) (5.62) (3.05) (0.14) 23.9 28.92 42.69 30.86
Fund (4.77) (5.87) (3.39) (1.11) 20.25 NA NA 26.7
**The since inception value for the index is calculated from inception of the fund which was on 17 February 2021

Performance Graph

As of 22/04/2024

Fund Top Holdings Weight
Emirates Telecommunications Group 14.37%
FIRST ABU DHABI BANK 13.55%
Emaar Properties 12.46%
Emirates NBD PJSC 9.71%
Abu Dhabi Commercial Bank 5.93%

×
Fund Top Holdings Weight
Emirates Telecommunications Group 14.37%
FIRST ABU DHABI BANK 13.55%
Emaar Properties 12.46%
Emirates NBD PJSC 9.71%
Abu Dhabi Commercial Bank 5.93%
Dubai Electricity and Water Authority 5.2%
ALDAR Properties 4.81%
Dubai Islamic Bank 3.99%
Abu Dhabi Islamic Bank 3.89%
ADNOC Gas PLC 2.79%
ABU DHABI NATIONAL OIL COMPANY FOR DISTRIBUTION PJSC 2.41%
Americana Restaurants International PLC 2.29%
Multiply Group PJSC 2.17%
BOROUGE 1.78%
Emaar Development PJSC 1.66%
ADNOC Drilling Company PJSC 1.65%
Salik Company PJSC 1.64%
Q Holding 1.48%
National Marine Dredging Company 1.31%
Abu Dhabi Ports Company PJSC 1.12%
ADNOC Logistics and Services PLC 1.06%
Fertiglobe Plc 0.79%
CASH 0.72%
Gulf Navigation Holding 0.69%
Burjeel Holdings PLC 0.61%
Ajman Bank 0.5%
Presight AI Holding PLC 0.34%
Ghitha Holding PJSC 0.33%
RAK Properties 0.29%
Al Seer Marine Supplies & Equipment Co 0.24%
Union Properties 0.22%

Fund Sector Graph

Financials 37.97%
Real Estate 19.65%
Telecommunication services 14.52%
Industrials 8.75%
Utilities 5.25%
Consumer Discretionary 4.75%
Energy 4.49%
Materials 2.59%
CASH 0.72%
Health Care 0.62%
Information Technology 0.34%
Consumer Staples 0.34%
Fund Documents
Prospectus
Supplement
Key Investor Information Document (KIID)
Fund Fact Sheet
Factsheet - March 2024
Factsheet - February 2024
Factsheet - January 2024
Factsheet - December 2023
Factsheet - November 2023
Factsheet - October 2023
Factsheet - September 2023
Factsheet - August 2023
Factsheet - July 2023
Factsheet - June 2023
Factsheet - May 2023
Factsheet - April 2023
Factsheet - March 2023
Factsheet - February 2023
Factsheet - January 2023
Factsheet - December 2022
Factsheet - November 2022
Factsheet - October 2022
Factsheet - September 2022
Factsheet - August 2022
Factsheet - July 2022
Factsheet - June 2022
Factsheet - May 2022
Factsheet - April 2022
Factsheet - March 2022
Factsheet - February 2022
Factsheet - January 2022
Factsheet - December 2021
Factsheet - November 2021
Factsheet - October 2021
Factsheet - September 2021
Factsheet - August 2021
Factsheet - July 2021
Factsheet - June 2021
Factsheet - May 2021
Factsheet - April 2021
Factsheet - March 2021
Fund Financials
Annual Audited Financial Statements
Fund Holiday Schedule
Fund Holiday Schedule
Authorised Participants (APs)
   
International Securities LLC
Email: cs@intlsecurities.ae
Phone: +971 24 942 777
Address: 1302, Level 13, C2 Towers, Al Bateen Towers, PO Box 107077, Abu Dhabi, United Arab Emirates
 
   
Arqaam Securities LLC
Email: derivatives@arqaamcapital.com
Phone: +971)4 507 1790
Address: 604, Sama Tower Sheikh Zayed Road, PO Box 120111, Dubai, UAE
 
   
EFG Hermes UAE LLC
Email: UAEBrokerageETFPCF@efg-hermes.com
Phone: +971 43069449 / 600500004
Address: One Central, The Offices 3, Office 106 DWTC, P.O. Box 112736, Dubai, United Arab Emirates
 
   
BHM Capital Financial Services PrJSC
Email: callcenter@bhmuae.ae
Phone: 800567000
Address: 49th Floor, Vision Tower, Business Bay, PO Box 26730, Dubai, United Arab Emirates
 
Liquidity Providers
   
BHM Capital Financial Services PJSC
Email: callcenter@bhmuae.ae
Phone: 800567000
Address: 49th Floor, Vision Tower, Business Bay, PO Box 26730, Dubai, United Arab Emirates
 
General Product/Performance Disclaimer

Investment in the products mentioned in this website may not be suitable for all investors. Investors should read the fund specific risks in the relevant Key Investor Information Document and the Fund’s Prospectus.

In respect of the products mentioned in this website is intended for information purposes only and does not constitute investment advice or an offer to sell or a solicitation of an offer to buy the securities described within. Any additional information pertaining to the products is provided on a confidential basis and may not be reproduced, redistributed or transmitted, in whole or in part, without Lunate Capital Limited, Lunate Capital LLC and/or any of its affiliates consent. Any unauthorized use is strictly prohibited. The mentioned product(s) may not be distributed without authorization from relevant authorized parties representing the product(s)

Whilst Lunate Capital Limited, Lunate Capital LLC and/or any of its affiliates has taken all reasonable care to ensure that the information, services, and materials contained in this website are accurate, no representation, warranty or condition, express or implied, is made as to their accuracy or completeness. Lunate Capital Limited, Lunate Capital LLC and/or any of its affiliates accepts no liability for any inaccuracies in or omissions from this website and liability for any loss or damage howsoever caused arising directly or indirectly from the use of this information, services and materials is hereby excluded. All such information, services and materials are provided “as is” and “as available” without warranty of any kind.

Current performance may be higher or lower than that quoted. The index returns are unmanaged and do not reflect the deduction of any fees or expenses. The index returns reflect all items of income, gain and loss and the reinvestment of dividends and other income. Past performance is not a guide to future performance and should not be the sole factor of consideration when selecting a product. The information is provided for illustrative purposes only.

The performance of the index is not an exact representation of any particular investment as you cannot directly invest into an index.

S&P UAE Domestic Shariah Liquid 35/20 Capped Index, S&P UAE BMI Liquid Capped 20/35 Index, S&P Kuwait Shariah Liquid 35/20 Capped Index, S&P Saudi Arabia Shariah Liquid 35/20 Capped Index, S&P 500 US Shariah Top 30 35/20 Capped Index, S&P High Yield Dividend Aristocrats U.S. Shariah 35/20 Capped Index, S&P Turkey Shariah Liquid 35/20 Capped Index, S&P China Hong Kong-Listed Shariah Liquid 35/20 Capped Index & S&P Pakistan BMI Liquid 35/20 Capped Index is the exclusive property of S&P Opco, LLC, a subsidiary of S&P Dow Jones Indices LLC (“SPDJI”) and/or its affiliates. The Licensee has contracted with SPDJI to calculate and maintain the Index. All rights reserved. Redistribution, reproduction and/or photocopying in whole or in part are prohibited without written permission of SPDJI. S&P® is a registered trademark of Standard & Poor’s Financial Services LLC and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC. Neither SPDJI, its affiliates nor their third-party licensors make any representation or warranty, express or implied, as to the ability of any index to accurately represent the asset class or market sector that it purports to represent, nor shall they have any liability for any errors, omissions, or interruptions of any index or the data included therein. For more information on any SPDJI’s or its affiliate’s indices or its custom calculation services, please visit www.spdji.com.

The Chimera FTSE ADX 15 exchange traded fund (“ETF”) has been developed solely for Lunate Capital L.L.C. Chimera FTSE ADX 15 ETF is not in any way connected to or sponsored, endorsed, sold, or promoted by the London stock exchange group PLC and its group undertakings, including FTSE international limited (collectively, the “LSE group”), or the Abu Dhabi securities exchange (“ADX”) (and together, the “Licensor parties”). FTSE Russell is a trading name of certain of the LSE group companies.

All rights in the FTSE ADX 15 (the “Index”) vest in the licensor parties. “FTSE®” and “FTSE Russell®” are a trademark(s) of the relevant LSE group company and are used by any other LSE group company under license. “ADX” is a trademark of ADX and is used by the LSE group under license.

The index is calculated by or on behalf of FTSE international limited or its affiliate, agent, or partner. The licensor parties do not accept any liability whatsoever to any person arising out of (A) the use of reliance on or any error in the index or (B) investment in or operation of Chimera FTSE ADX 15 ETF. The licensor parties make no claim, prediction, warranty, or representation either as to the results to be obtained from the Chimera FTSE ADX 15 ETF or the suitability of the index for the purpose to which it is being put by Lunate Capital LLC.