Qatar Investment Fund underperforms in weak H2 2015

Qatar Investment Fund results for the six months ended 31 December 2015 show its net asset value per share fell 16.3% while the Qatar Exchange Index fell 14.5% and MSCI Emerging Markets Index fell 18.6% over the same period. Following a narrowing of the discount, the QIF share price fell 11.1%. They paid a 4 cent dividend during the period.

The fund survived a discontinuation vote during the period by a significant margin as shareholders voted to keep the fund going.

The statement contains an enormous amount of information on the Qatari economy and the fund’s largest holdings but no performance attribution data. Read our next (April) economics & market roundup note for more information.

QIF : Qatar Investment Fund underperforms in weak H2 2015

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