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ADX lists Chimera S&P UAE UCITS ETF Fund

ADX lists Chimera S&P UAE UCITS ETF Fund
The Fund allows a single access point to the UAE equity markets

Abu Dhabi - Mubasher: The Abu Dhabi Securities Exchange (ADX) has announced the listing of Chimera S&P UAE UCITS ETF Share Class D – Income under the market symbol (CHAEIN) starting from Tuesday, 23 February.

Chimera S&P UAE UCITS ETF - Share Class D - Income is an exchange-traded fund seeking to offer investors a total return, considering capital and income returns, according to the ADX's statement on Sunday.

In addition, the Fund, reflecting the return of an equity index called the S&P UAE BMI Liquid 20/35 Capped Index, allows a single access point to the UAE equity markets. 

It is noteworthy to mention that in August 2020, ADX listed Chimera Capital’s Exchange Traded Fund (ETF), becoming the UAE’s first sub-fund tracking Shariah-compliant products to be listed on the exchange.