At NCB Capital, Saudi Arabia's largest wealth manager with over one million clients and SR45 billion of assets under management, we are entirely focused on providing clients with trusted advice on the most appropriate products and services that help them manage their portfolios and meet their financial goals.
Today we are proud to announce the launch of our latest fund - AlAhli Global Natural Resource Fund, a fund that offers you access to global growth opportunities in the most in-demand natural resources on earth.
Objective of the Fund
The Fund seeks to achieve long-term capital growth by investing primarily in the listed shares of international companies that are involved in the natural resources related sectors such as (but not restricted to) energy, mining, metals, precious metals, basic materials, agriculture and water.
Overall Investment Strategy
The Fund will employ the following investment strategies:
- Investing in shares of companies listed in developed and emerging markets that are involved in the natural resources related sectors
- Capital gains, dividends and other income will be reinvested in the Fund
The Rationale for this Fund
Structural issues are driving resource prices:
Structural increase in demand from emerging markets, such as China and India for their urbanization, industrialization and consumer goods have put constraints on existing supply which are unlikely to do anything but push prices of natural resources even higher in the long term.
Further, expanding global population as well as huge infrastructure spending in the developing world is expected to create tremendous demand for all commodities from energy to basic materials, food and water.
Strong demand but limited supply
The basic drivers that have made natural resources a diversifier tool for investors over the long term have not changed. At their core, natural resources have the unique advantage of being a key component used in every industry and in every household ensuring their importance as a viable asset class now and into the future.
In addition, we see the supply of the component elements of the natural resources sector continually coming under ever increasing pressure due to a number of factors including:
- Geopolitics and unfavorable weather conditions directly impact energy and agriculture prices.
- A likely pick up, albeit slow, in economic growth worldwide will provide fundamental support for natural resource demand.