In The News

Wednesday, March 3, 2021
Chimera Capital launches the Chimera S&P UAE UCITS ETF
CNBC Arabiya

Chimera Capital Limited launches the Chimera S&P UAE UCITS ETF, which replicates and tracks the performance of the S&P UAE BMI Liquid 30/35 Index. Seif Fikry, the CEO of Chimera, commented on the opportunities the fund unlocks for prospective investors in the region.

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Wednesday, March 3, 2021
Chimera Capital launches the Chimera S&P UAE UCITS ETF on the ADX
Dubai TV

The CEO of Chimera Capital, Seif Fikry, said that the launch of the fund has been a milestone for the company and that it is a testament to Chimera’s ability to not only manage and operate local funds, but also internationally regulated funds from Europe and the United States.

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Wednesday, March 3, 2021
Chimera Capital Limited lists an exchange-traded fund tracking the performance of liquid UAE listed stocks on DFM
Government of Dubai Media Office

Seif Fikry, Chief Executive Officer (CEO) of Chimera Capital Limited, an Abu-Dhabi-based asset management firm and subsidiary of Chimera Investments LLC, today rang the Dubai Financial Market (DFM) market-opening bell to celebrate the listing of Chimera S&P UAE UCITS ETF (Bloomberg: CHAE), on the DFM under the trading symbol (CHAE).

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Tuesday, February 23, 2021
Fekry for Al Sharq: The Chimera Capital fund is anticipating flows of AED 8 million
Bloomberg Asharq

The CEO of Chimera Capital Limited, Seif Fikry, said that the company has listed the Chimera S&P UAE UCITS ETF. Fikry indicated that on its first trading session, the fund has seen over AED 1.5 million in volume and is anticipating to close at inflows between AED 5 million and AED 8 million.

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Tuesday, February 23, 2021
ADX lists Chimera S&P UAE UCITS ETF Fund
Mubasher

The Abu Dhabi Securities Exchange (ADX) has announced the listing of Chimera S&P UAE UCITS ETF Share Class D – Income under the market symbol (CHAEIN) starting from Tuesday, 23 February. The index is comprised of the largest and most liquid stocks in the UAE.

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Tuesday, February 23, 2021
Chimera Capital lists the second exchange traded fund on the ADX
Bloomberg Asharq Business

Abu Dhabi Securities Exchange (ADX) has broadened its offering of products and services further with the listing of Chimera S&P UAE UCITS ETF under the trading symbol (CHAEIN), a liquid, fully fungible, fully tradeable, and transparent exchange-traded fund (ETF), a sub-fund of the recently launched Chimera UCITS ICAV.

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Tuesday, February 23, 2021
Chimera’s AED 110.6 million fund trades on the ADX and DFM
Al Khaleej

Seif Fikry, CEO of Chimera Capital, revealed that the company’s first traded fund has been registered as primary and secondary trading with more than 110.6 million dirhams, including 102.3 million dirhams on the Abu Dhabi Stock Exchange and 8.3 million dirhams on the Dubai Financial Market

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Tuesday, February 23, 2021
Abu Dhabi's Chimera Capital lists new ETF on DFM
Zawya

UAE-based asset management firm Chimera Capital listed its exchange-traded fund (ETF) on the Dubai Financial Market (DFM) on Wednesday. The Chimera S&P UAE UCITS ETF has been designed to track the performance of the S&P UAE BMI Liquid 20/35 Capped Index, which includes the largest stocks by capitalization in the UAE.

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Tuesday, February 23, 2021
Chimera Capital Limited launches and lists an exchange-traded fund tracking the performance of liquid UAE listed stocks on ADX
Zawya

Chimera Capital Limited announces today the launch and listing of its Chimera S&P UAE UCITS ETF (Bloomberg: CHAEIN). The fund has been designed to track the performance of the S&P UAE BMI Liquid 20/35 Capped Index (Bloomberg: SPUAECAP), an index provided by S&P Dow Jones Indices which seeks to measure the performance of liquid UAE listed stocks. The index includes the largest stocks by capitalization in the United Arab Emirates, providing exposure to the UAE economy.

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Tuesday, February 23, 2021
Chimera Capital unveils UAE equity ETF
ETF Strategy

Abu Dhabi-based asset manager Chimera Capital has unveiled a new ETF in the United Arab Emirates providing exposure to companies listed on the federation’s three domestic stock exchanges. The fund tracks the S&P UAE BMI Liquid 20/35 Capped Index using direct physical replication. The index, created by S&P Dow Jones Indices, measures the performance of UAE-listed stocks with sufficient liquidity while limiting concentration in the largest constituents.

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Tuesday, February 23, 2021
Chimera Capital launches ETF tracking performance of liquid UAE listed stocks on ADX
ETF Express

Chimera Capital has launched the Chimera S&P UAE UCITS ETF, a liquid, fully fungible, fully tradable, and transparent exchange-traded fund (ETF). The fund has been designed to track the performance of the S&P UAE BMI Liquid 20/35 Capped Index (Bloomberg: SPUAECAP), an index provided by S&P Dow Jones Indices which seeks to measure the performance of liquid UAE listed stocks.

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Tuesday, February 23, 2021
Tap into UAE blue-chip stocks the 'ETF' way as Chimera closes second fund
Gulf News

Chimera has given investors the opportunity to access some of the most heavily traded UAE stocks via an ETF – the Chimera S&P UAE UCITS ETF that replicates and tracks the performance of the S&P UAE BMI Liquid 30/35 Index.

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Monday, 11 January 2021
Assets of UAE's first ETF climb above Dh50m just six months after its listing
The National

Assets managed by the Chimera S&P UAE Shariah Exchange Traded Fund climbed to more than Dh50 million ($13.6m) just six months after the UAE’s first ETF started trading on the country’s two stock exchanges. The ETF now ranks as the third-largest in the Middle East and North Africa region, Abu Dhabi-based asset management firm Chimera Capital said in a statement on Monday.

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Monday, 11 January 2021
Chimera Capital’s ETF Surpasses Dh 50 Million AUM Milestone in Only Six Months
Albawaba

In a strong sign of the popularity in its ETF, Chimera Capital LLC, an Abu Dhabi-based asset management firm, announces today that it has surpassed AED 50 million (USD 13.6 million) in assets under management (AUM) in its Chimera S&P UAE Shariah Exchange Traded Fund (ETF).

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Monday, 11 January 2021
Chimera Capital’s ETF surpasses AED 50 million AUM milestone in only six months
ETF Express

Abu Dhabi-based asset management firm Chimera Capital has surpassed AED50 million (USD13.6 million) in assets under management (AUM) in its Chimera S&P UAE Shariah Exchange Traded Fund (ETF).

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Monday, 11 January 2021
Chimera Capital's ETF exceeds AED 50 m in assets under management
Mubasher

Chimera S&P UAE Shariah Exchange Traded Fund (ETF), owned by Chimera Capital, has exceeded AED 50 million ($13.6 million) in assets under management (AUM) in six months. Listed on the Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) in August 2020, the Chimera S&P UAE Shariah ETF became the third-largest ETF listed in the MENA region, according to a press release on Monday. Chimera Capital's ETF tracks the S&P UAE Domestic Shariah Liquid 35/20 Capped Index.

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Monday, 11 January 2021
Chimera Capital's ETF surpasses AED 50 million AUM milestone in only six months
Zawya

The Chimera S&P UAE Shariah ETF is ranked amongst the top three largest ETFs listed in the MENA's stock exchanges.

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Monday, 11 January 2021
Chimera Capital's ETF assets under management surpass AED 50 million in just six months
Arabian Business

Chimera Capital LLC announces today that it has surpassed AED 50 million (USD 13.6 million) in assets under management (AUM) in its Chimera S&P UAE Shariah Exchange Traded Fund (ETF).

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Monday, 11 January 2021
CEO of Chimera Capital: ETF’s trading volume on ADX reaches AED 82 million
Al Ittihad

The Chimera S&P UAE Shariah Exchange Traded Fund (ETF) recorded primary and secondary trading in excess of AED 81.9 million on the Abu Dhabi Securities Exchange (ADX) and AED 3.5 million on the Dubai Financial Market (DFM).

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Monday, 11 January 2021
Chimera Capital's ETF assets surpass AED50 million mark in six months
Sanadeq

Abu Dhabi-based asset management firm Chimera Capital has surpassed AED 50 million (USD 13.6 million) in assets under management (AUM) in its Chimera S&P UAE Shariah Exchange Traded Fund (ETF).

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Monday, 11 January 2021
Chimera Capital's ETF assets amount to AED 50 million
Al Bayan

Chimera Capital LLC announces today that it has surpassed AED 50 million in assets under management (AUM) in its Chimera S&P UAE Shariah Exchange Traded Fund (ETF). The fund tracks the S&P UAE Domestic Shariah Liquid 35/20 Capped Index (Bloomberg: SPSHDAAN).

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Monday, 11 January 2021
Chimera Capital: Assets managed by the Chimera S&P UAE Shariah Exchange Traded Fund climbed to more than Dh 50 million.
Argaam

Abu Dhabi-based asset management firm Chimera Capital has surpassed AED 50 million (USD 13.6 million) in assets under management (AUM) in its Chimera S&P UAE Shariah Exchange Traded Fund (ETF). The Chimera S&P UAE Shariah ETF tracks the S&P UAE Domestic Shariah Liquid 35/20 Capped Index (SPSHDAAN) and is the first sub-fund of the Chimera Umbrella Fund, the first fund of its kind that was authorised from Securities and Commodities Authority (SCA) of the UAE.

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Saturday, 19 December 2020
Investment lessons: Now is the time to focus on ETF assets in the MENA region
Gulf Business

Locally-listed ETFs are a simple, cost-effective and efficient investment tool and will increasingly be used as such in the coming months and years.

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Friday, 18 December 2020
ETFs are vital for investment diversification in the region
Al Bayan

Despite the coronavirus pandemic, exchange-traded funds have proven to be a resilient investment product, with investors pledging $428 billion in ETFs so far this year, up 57% compared with the same period last year. This year, with the introduction of local-grown ETFs, it is time for Gulf investors to seize the opportunity to invest in ETF funds.

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Friday, 23 October 2020
Why Gulf investors should add ETFs to their portfolios
The National

In March 2020, the Financial Times reported that Covid-19 had put an abrupt halt to the “rapidly expanding $6 trillion ETF industry”. Fear and caution reigned amid concerns about a looming global economic meltdown. However, despite the coronavirus pandemic, exchange-traded funds have proven to be a resilient investment, with investors ploughing $428 billion in new cash in ETFs so far this year, up 57 per cent compared with the same period last year.

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Wednesday, August 26, 2020
Chimera Capital LLC’s Fund Establishment
Global Legal Chronicle

Herbert Smith Freehills’ has advised Chimera Capital LLC on the establishment of the Chimera Umbrella Fund. Chimera Umbrella Fund is an on-shore public fund pursuing a novel ‘market-first’ exchange-traded fund (“ETF”) structure in the UAE.

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Tuesday, August 18, 2020
DFM Welcomes the Listing of Chimera Capital’s ETF
Emarat El Youm

Seif Fikry, the CEO of Chimera Capital, an Abu Dhabi-based asset management firm wholly owned by Chimera Investments, rang the start of the trading bell for its Chimera S&P UAE Shariah ETF – Share Class B on the Dubai Financial Market under the ticker (CHAESHIN).

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Tuesday, August 18, 2020
Etisalat and Dubai Islamic Bank Hold Largest Weight on the Chimera S&P UAE Shariah ETF
Al Bayan

Chimera Capital announced that the shares of Emirates Telecommunications Group (Etisalat) and Dubai Islamic Bank hold the largest weight in the Chimera S&P UAE Shariah ETF, at 33.08% and 18.9% respectively. There are four authorized participants for the fund, EFG Hermes, Shuaa Securities, BH Mubasher Financial Services and Arqaam Securities.

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Monday, August 17, 2020
The Abu Dhabi Securities Exchange Lists the First Sharia Compliant Index Fund
Al Khaleej

The Abu Dhabi Securities Exchange today listed Chimera Capital's S&P UAE Shariah ETF in the market. The fund was designed to replicate the S&P UAE Domestic Shariah Liquid 35/20 Capped Index. The index is provided by S&P and tracks the performance of Sharia-compliant liquid stocks in the UAE, opening the way to a new and increasingly demanding asset class for investors seeking to enter the UAE market.

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Monday, August 17, 2020
UAE's First ETF Tracking Sharia-compliant Index Lists on UAE Markets
The National

The UAE's first exchange traded fund tracking a Sharia-compliant index began trading on the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market on Monday. Chimera Capital, an Abu Dhabi-based asset management firm wholly owned by Chimera Investments, listed its Chimera S&P UAE Shariah ETF – Share Class A in Abu Dhabi, ADX said in a filing. A separate listing for Share Class B took place on the DFM.

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Monday, August 17, 2020
The Abu Dhabi Securities Exchange Lists the First Sharia Compliant Index Fund
Al Arabiya

The Abu Dhabi Securities Exchange listed the Chimera S&P UAE Shariah ETF, which is designed to replicate the S&P UAE Domestic Shariah Liquid 35/20 Capped Index. The index tracks the performance of Sharia-compliant liquid stocks in the UAE, opening the way to a new and increasingly demanding asset class for investors seeking to open up to the UAE's economy.

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Monday, August 17, 2020
Chimera Capital Lists ETF in Dubai, Abu Dhabi Stock Exchange
Zawya

Abu-Dhabi-based asset management firm and subsidiary of Chimera Investments, Chimera Capital, listed its Umbrella Exchange Traded Fund (ETF) – Chimera S&P UAE Shariah ETF – on Abu Dhabi Securities Exchange and Dubai Financial Market. The fund replicates the S&P UAE Domestic Shariah Liquid 35/20 Capped Index, including the UAE largest stocks by market capitalization. The Class B units have been listed on the DFM under the trading symbol (CHAESHIN).

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Monday, August 17, 2020
Abu Dhabi Securities Exchange Lists Exchange-Traded Fund Tracking Shariah-Compliant Products
Al Bawaba

Abu Dhabi Securities Exchange (ADX) announced today that Chimera Capital LLC’s Exchange Traded Fund (ETF) has listed on the Exchange. The ETF has been designed to replicate the S&P UAE Domestic Shariah Liquid 35/20 Capped Index.

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Monday, August 17, 2020
Chimera Capital Rings the Opening Bell on the Dubai Financial Market
Al Khaleej

Seif Fikry, the CEO of Chimera Capital, an Abu Dhabi-based asset management firm wholly owned by Chimera Investments, rang the start of the trading bell for its Chimera S&P UAE Shariah ETF. The listing of the ETF marks an important step in line with the market’s strategy to diversify financial instruments by providing investors with a new tool to invest in the UAE’s pool of leading companies.

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Monday, August 17, 2020
Chimera Capital’s S&P UAE Sharia Compliant ETF Lists on the DFM and ADX
Argaam

The Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX) announced today the listing of Chimera Capital’s S&P UAE Sharia Compliant ETF, with Class-A shares listing on the ADX and will reinvest income into the fund and Class-B shares listing on the DFM will distribute any collected dividends to investors.

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Wednesday, July 22, 2020
Chimera Capital’s CEO discusses launch of new Shariah-compliant ETF
Dubaieye

Chimera Capital’s CEO, Seif Fikry, speaks to Dubaieye’s The Business Breakfast podcast and discusses the launch of the first ETF tracking a Shariah-compliant index in the UAE. The interview covers all aspects of the newly launched ETF, from the fund’s composition and index to where demand for the fund is expected to come from.

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Wednesday, July 22, 2020
Abu Dhabi asset manager launches Shariah-compliant ETF
The National

Chimera Capital, an Abu Dhabi asset management company and subsidiary of Chimera Investments, launched an exchange traded fund that will be available to investors through the UAE’s two main stock exchanges. The Chimera S&P UAE Shariah ETF will have two different share classes that will track a Shariah-compliant index compiled from stocks listed in Abu Dhabi and Dubai.

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Tuesday, July 21, 2020
Chimera Capital launches first exchange-traded fund tracking S&P Shariah-compliant index in the UAE
ETF Express

Chimera Capital, an Abu-Dhabi-based asset management firm and subsidiary of Chimera Investments, has launched the Chimera S&P UAE Shariah Exchange Traded Fund, a physical, in-kind, liquid and fully fungible ETF. The ETF has been designed to replicate the S&P UAE Domestic Shariah Liquid 35/20 Capped Index (Bloomberg: SPSHDAAP).

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Tuesday, July 21, 2020
BNY Mellon selected as ETF custodian for Chimera Capital
EU Bankers

BNY Mellon has been selected as custodian for Chimera Capital’s exchange-traded fund (ETF), the first of its kind in the UAE. While the fund will be managed by Chimera Capital, BNY Mellon’s London office will act as global custodian, while HSBC Middle East acts as local custodian.

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Tuesday, July 21, 2020
Chimera Capital launches the first exchange traded fund tracking the S&P Shariah-compliant index in the UAE
Dubaieye

Chimera Capital announced today the launch of its Chimera S&P UAE Shariah Exchange Traded Fund that has been designed to replicate the S&P UAE Domestic Shariah Liquid 35/20 Capped Index. The new fund provides investors with promising opportunities to benefit from a new product to invest in the UAE financial markets.

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Tuesday, July 21, 2020
Launch of the first ETF in Dubai and Abu Dhabi
Arabian Business

Sources in Dubai and Abu Dhabi revealed that the first ETF will be launched by Chimera Capital in the UAE and that the fund will be listed and made available to investors on both the Dubai Financial Market and Abu Dhabi Stock Exchange. The fund will be called the Chimera S&P UAE Shariah ETF and will operate under the Chimera Umbrella Fund and will offer two classes of shares.

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Tuesday, July 21, 2020
Chimera Capital’s Chief Investment Officer discusses the launch of the first exchange-traded fund tracking the S&P Shariah-compliant index in the UAE
Dubai Al Oula TV

Chimera Capital’s Chief Investment Officer (CIO) Sherif Salem discusses the launch of the of the first exchange-traded fund (ETF) tracking a UAE S&P Shariah-compliant index as well as the diversified opportunities presented to investors through this ETF.

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Tuesday, July 21, 2020
Chimera Capital’s CEO discusses launch of the first ETF tracking a Shariah-compliant index in the UAE with Al Arabiya’s Lara Habib
Al Arabiya TV

Chimera Capital’s CEO, Seif Fikry, discusses the launch of the company’s first ETF tracking the S&P Shariah-compliant index in the UAE. The ETF is called the Chimera S&P UAE Shariah ETF and will offer two classes of shares on the Abu Dhabi Stock Exchange (ADX) and the Dubai Financial Market (DFM).

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Tuesday, July 21, 2020
Launch of the first ETF tracking a Shariah-compliant index in the UAE
Al Bayan

Chimera Capital launched the first ETF that tracks a Shariah-compliant index in the UAE. It will operate under the Chimera Umbrella Fund and will be managed by Chimera Capital from its headquarters in the UAE. The list of authorized participants includes EFG Hermes UAE Limited, Shuaa Securities, and BH Mubasher Financial Services. .

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Tuesday, July 21, 2020
UAE asset manager to start ETF trading in Dubai and Abu Dhabi
Bloomberg

The first exchange-traded fund in the United Arab Emirates accessible to investors both in Dubai and Abu Dhabi is expected to list next month. The Chimera Umbrella Fund -- Chimera S&P UAE Shariah ETF will have two different share classes that will track a Shariah-compliant index compiled from stocks listed on the main exchanges in both emirates..

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