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DFM lists Chimera S&P UAE UCITS ETF

DFM lists Chimera S&P UAE UCITS ETF
Dubai Financial Market (DFM)

Dubai – Mubasher: The Dubai Financial Market (DFM) on Wednesday announced the listing of Chimera S&P UAE UCITS ETF - Share Class (A) - Accumulating.

The exchange-traded fund (ETF) is designed to track the performance of the S&P UAE BMI Liquid 20/35 Capped Index, an index that measures the performance of liquid UAE listed stocks.

Last month, the Abu Dhabi Securities Exchange (ADX) listed Chimera S&P UAE UCITS ETF.

Chimera’s first ETF in the UAE, Chimera S&P UAE Shariah ETF, was introduced in July 2020. Its assets under management (AUM) has surpassed AED 50 million, making it the third-largest ETF listed in MENA markets.