All Posts in Category: fin

7 May 2022 BISHKEK — Despite its share of bustling markets, luxury cars, fancy shopping malls, and other signs of a thriving consumer society, the forecasted per-capita income for Kyrgyzstan […]

All the more when Salafism, the “back to the roots” idea of resurrecting the Golden Age of Islam and the ideal Muslim society under the first four caliphs, is exceptionally […]

In May, the Fund’s NAV jumped +13.23% and easily outperformed its salient benchmark by 205 basis points after the MSCI EME Index only rose by 11.17%. The Investment Advisor is […]

The “Crimea” Edition: “Russia and asset prices go South” In March, the Fund’s portfolio lost ground and NAV dropped 16.25%. However, for a geopolitical event of this magnitude, this result […]

The “Shattered Hopes Edition: Russia gets even cheaper” In February, the Fund was able to outperform the continued collapse of the Russian stock market. While in January the RTS Index […]

In May, the all-Russia RTS Index sold off another -3.67%, on the back of the overall continued emerging market and commodity weakness, amplified by the Russia and CIS-related storm caused […]

In April, the Fund continued to be indirectly but significantly affected by the market storm caused by the unlawful expropriation of investor assets in Cyprus. Although the Fund had never […]

In March, the Fund was indirectly but significantly affected by the market storm caused by the unlawful expropriation of investor assets in Cyprus. Although the Fund had never had any […]

In February, the Fund had a negative performance of -4.34%, although it was a significantly better result than that of a general “market” amidst the backdrop of a -6.14% free-fall […]