It’s official: we are going live with Lunate Capital to market the Chimera Capital Holding J.P. Morgan #UAE #Bond UCITS ETF, focusing on the UAE’s premier sovereign and corporate bonds.
The subscription price is AED3.67/unit, excluding any issuance fees, with a listing on the #ADX intended to take place on Tuesday, March 26th, with a 5.4% dividend twice a year.
The ETF will track the UAE’s most liquid, investment-grade sovereign and corporate bonds.
Top holdings of the ETF’s index include bonds issued by the Emirate of Abu Dhabi, UAE government, ADNOC Group Mubadala TAQA (Industrialization & Energy Services Company)