Sidra Capital’s Mutajara USD Fund continues to show strong performance with annualized returns in excess of 6% for 2020

Sidra Capital’s Mutajara USD Fund continues to show strong performance with annualized returns in excess of 6% for 2020

Sidra Capital's Mutajara USD Fund continues to show strong performance with annualized returns in excess of 6% for 2020

Sidra Capital's US dollar-denominated Mutajara Fund has been successfully achieving its targets and is on course to deliver returns in excess of 6% for 2020, with no payment defaults or delays despite the challenging market conditions created by the global COVID-19 pandemic. The returns generated by the fund are superior to the USD money market return rate of 0.5% per annum.

The Sidra Ancile Global Structured Trade Investment Fund (GSTIF), Sidra Mutajara Fund (SMF), and Sidra Income Fund (SIF) continued to perform consistently during 2020, reflecting Sidra's expertise in balancing risks and opportunities. The liquid investment funds cater to institutional investors and together encompass a total of USD 177 million in Assets Under