Vision Emerging GCC Fund (‘VEGF’ or the ‘Fund’) was launched in May 2005 as a close-ended fund. The Fund was converted to an open-ended fund in 2008. The Fund invests across GCC and MENA region. It has a unique objective of maximizing Sharpe Ratio and believes in risk-adjusted returns.

The investment strategy aims to achieve returns that outperform the benchmark index.  The Investment Manager Approach investments with a distinct, well developed philosophy, which relies on unconventional research and analysis. Utilizing a bottom-up strategy to identify investment opportunities, the Investment Manager focuses on investment opportunities expected to produce attractive returns over the medium to long term and could outperform the index. 

VEGF was ranked by a leading regional investment bank as the top performing GCC Fund for two consecutive years, which included the “bear market” of 2006 and the “bull market” of 2007.

• Executive Summary

Vision Emerging Oman Fund offers investors an opportunity to participate in the economic growth of Oman.

The investment objective of the Fund is to achieve growth through capital appreciation and dividends by investing in equities listed and/or to be listed on the Muscat Securities Market.

As the country is capitalizing on the high oil prices, it has positioned itself as a broadly diversified investment destination. The increasing private sector investments and attractive valuation of the listed companies with high quality of earnings makes Oman an interesting investment opportunity.

Launched in August 2007, the fund has been consistently outperforming the benchmark index in both peak and trough seasons.

• Executive Summary

Vision Real Economy GCC Fund (“The Fund”), is an open-ended Fund that exclusively invests in listed equities in the Real Economy sectors in the GCC. The Real Economy sectors includes Manufacturing, Logistics, Distribution and any such activity, but excludes Banks, Finance, Investment, Insurance and Leasing companies.

“The Investment Objective of the Fund is to achieve capital appreciation and income generation by providing its investors the opportunity to participate in the growth of Real Economy Sectors of GCC.”

A young and growing population in the region combined with oil revenue based liquidity, favourable regulatory environment and an evolving corporate structure that facilitates transformation of family owned businesses to listed entities, have all contributed to growth in these sectors in the recent years. The Fund provides a vehicle to diversify away from the financial service sector, which constitutes a significant share of the regional market capitalization, into the core Real Economy Sectors of the economy.

Vision Real Economy GCC Fund approaches investments with a distinct, well developed philosophy, which relies on in-depth research and analysis. Utilizing a top-down strategy to identify investment opportunities, the Fund focuses on opportunities that produce attractive returns over the medium to long term.

The Fund is yet another offering that aims to provide regional as well as international players an opportunity to participate in the growth story of the Real Economy Sectors in the GCC by leveraging on the Fund Manager’s proven investment management capabilities.

• Executive Summary

Vision Investment Services Co SAOC, is pleased to announce the launch of the first Shariah compliant open-ended fund in the Sultanate of Oman, Vision Al Khair GCC Fund.

Vision Al Khair GCC Fund is established in the Sultanate of Oman and constituted as a joint investment account as per the Regulations of the Capital Market Authority.

The objective of the Fund is to achieve capital appreciation by providing its investors an opportunity to participate in the growth story of the GCC Economy which are in compliance with the acceptable principles of an Approved Shariah Board.

Vision is always committed to identify the most lucrative investment opportunities for its clients and Vision Al Khair GCC Fund, is its latest offering which caters to the ever growing demand for Shariah Compliant products and services. Vision will continue to pursue a dynamic asset allocation strategy for the Fund to manage volatility and limit downside risk; a successful strategy followed in other Vision Funds as well.

In the past, Shariah Compliant equities and asset classes have been perceived as an investment vehicle only for the growing class of people who practice Islam in specific countries. However, this viewpoint is fast changing with Shariah compliant assets perceived as an investment vehicle of choice with a diverse set of investors, from a viewpoint of growth potential and robust business framework. Securities that are in compliance with Shariah principles have outperformed the broader markets consistently over a period of time with lower volatility.

This makes an attractive investment case not only for investors focused on Islamic products but also conventional investors (both institutions & individuals) who are seeking capital appreciation with lower risk.