Lunate Capital launches Chimera JP Morgan UAE Bond ETF

Lunate Capital launches Chimera JP Morgan UAE Bond ETF

Lunate Capital, an Abu Dhabi-based investment management firm licensed by the ADGM Financial Services Regulatory Authority (FSRA), has launched the Chimera JP Morgan UAE Bond UCITS ETF, UAE and GCC’s first-ever UAE bond Exchange Traded Fund (ETF) that will list on the Abu Dhabi Securities Exchange (ADX). The ETF will track the performance of the […]Lunate Capital, an Abu Dhabi-based investment management firm licensed by the ADGM Financial Services Regulatory Authority (FSRA), has launched the Chimera JP Morgan UAE Bond UCITS ETF, UAE and GCC’s first-ever UAE bond Exchange Traded Fund (ETF) that will list on the Abu Dhabi Securities Exchange (ADX).

The ETF will track the performance of the J.P. Morgan MECI UAE Investment Grade Custom Index, which includes liquid, USD-denominated bonds from the UAE. The ETF will hold Investment Grade sovereign, quasi-sovereign and corporate bond issues with at least $500 million in face amount outstanding, providing investors with a unique opportunity to invest in the UAE’s robust bond markets.

The ETF, which is fully compliant with UCITS rules, including portfolio holdings diversification requirements, will be listed on the ADX on 26th March.

The first-of-its-kind in the UAE and GCC, the Chimera JP Morgan UAE Bond UCITS ETF provides global investors access