FORTITUDE GCC EQUITY FUND
Fortitude GCC Equity Fund is an open-ended, AED-denominated fund providing actively managed exposure to GCC equities, with a focus on long-term capital growth and disciplined downside risk management.
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13 April 2026 – 13 May 2026
Click Subscribe Now to apply online.
- Sign-up to open an account and apply online, or
- Complete the subscription form and send it to cm@alramz.ae
To achieve medium- to long-term capital growth through active investment in GCC equities, targeting an absolute return of 8% per annum.
Managed by a dedicated and experienced GCC investment team with a strong research-driven approach and regional market expertise.
FAQs
Q: What is the Fortitude GCC Equity Fund?
A: It is an open-ended GCC equities fund that aims for long-term growth through a conservative but flexible strategy.
Q: What does this fund invest in?
A: The fund invests mainly in listed GCC equities, IPOs, and some UAE-domiciled money market funds.
Q: Which countries does the fund focus on?
A: It focuses on opportunities across GCC markets, including the UAE, Saudi Arabia, Qatar, Kuwait, Oman, and Bahrain.
Q: Is the fund Sharia-compliant?
A: No. The fund is not structured as a Sharia-compliant investment.
Q: Who manages the fund?
A: The fund is managed by Al Ramz Corporation for Investment and Development PJSC.
Q: Who is this fund designed for?
A: It is designed for investors who want actively managed exposure to GCC equities and can accept market ups and downs.
Q: How does the fund aim to grow my money?
A: It aims to grow capital by selecting GCC stocks and IPO opportunities with strong fundamentals and regional upside.
Q: Does the fund have a target return?
A: Yes. The fund targets an absolute return of around 8% per year, although this is not guaranteed.
Q: How actively is the portfolio managed?
A: The portfolio is actively managed, so the manager can adjust holdings as market conditions change.
Q: Does the fund use leverage or borrowing to boost returns?
A: No. The fund is long-only and does not use leverage to increase exposure.
Q: In what currency is the fund priced and invested?
A: The fund is denominated in AED, and subscriptions and redemptions are handled in AED.
Q: What management fee will I pay?
A: The annual management fee is 1.25% of the fund’s NAV.
Q: Is there a performance fee, and when does it apply?
A: Yes. A 20% performance fee applies only to returns above the 8% hurdle rate.
Q: Will I pay a subscription fee when I invest?
A: Yes. A subscription fee of up to 1% may apply when you invest.
Q: Is there any redemption fee when I withdraw my money?
A: No. The fund’s stated redemption fee is 0%.
Q: What other costs could affect my return?
A: Like any fund, operating and transaction costs may slightly reduce overall returns over time.
Q: What are the main risks of investing in this fund?
A: The main risks include stock market volatility, regional market risk, and the possibility of losing part of your investment.
Q: How volatile can a GCC equity fund be?
A: It can be more volatile than cash or fixed income because share prices can rise and fall quickly.
Q: Can I lose money in this fund?
A: Yes. The value of your investment can go down as well as up.
Q: How does the fund try to manage downside risk?
A: It uses active stock selection, tactical risk control, and the ability to hold some money market exposure.
Q: How long does it usually take to receive my money after a withdrawal request?
A: Withdrawals are processed weekly, with proceeds typically paid within a few days after the NAV calculation.
Q: What is the minimum amount I need to invest?
A: The minimum initial subscription is AED 50,000.
Q: Can I add more money after my first investment?
A: Yes. Additional subscriptions are allowed from AED 25,000.
Q: How do I subscribe to the fund?
A: You subscribe by completing the required application and onboarding documents through the fund’s process.
Q: How often can I invest in or withdraw from the fund?
A: The fund deals weekly, with subscriptions and redemptions processed every Thursday.
Q: How long does it usually take to receive my money after a withdrawal request?
A: Withdrawal timing follows the fund’s weekly dealing cycle, so payment is not instant and depends on processing timelines.
Q: Does the fund pay out income, or is everything reinvested?
A: It is an accumulation fund, so profits and dividends are reinvested rather than paid out.
Q: How is the fund’s NAV calculated?
A: The NAV is calculated weekly and used for subscriptions and redemptions on the dealing day.
Q: Will the fund invest in IPOs as well as listed stocks?
A: Yes. The strategy includes both listed GCC equities and selected IPO opportunities.
Q: How should I judge the fund’s performance over time?
A: You should look at performance over the medium to long term, not just over a few weeks or months.
Q: Why might I choose this fund instead of buying GCC stocks myself?
A: You get professional portfolio management, broader diversification, and ongoing monitoring in a single product.