GCC Momentum Fund

A passive fund that follows an index using the investment policy of the momentum methodology, by investing in all components of the S&P Momentum GCC Composite Index, according to their relative weight in the index, with the aim of following its performance and providing a mechanism for investors to have a momentum methodology exposure in the GCC stock markets, through the index provider's commitment to follow transparent rules in the stock selection process while ensuring a reasonable level of liquidity and turnover.