Objective

The objective of ‘Lucid Lebnani Fund LBP’ is to outperform the average return on Lebanese Pound deposits while providing liquidity twice a month. The fund does not charge or incur any custody, subscription, or redemption fees.

Investment Strategy

To invest in Lebanese Pound denominated securities and time deposits. May invest up to 20% in USD instruments. May use up to 20% leverage.

Description

Nominal Value LBP 10,000
Currency LBP
Valuation Daily
Subscription & Redemption Bi-Monthly
Minimum Initial Subscription LBP 150,000,000
Increment Subscription LBP 50,000,000
Investment Manager Lucid Investment Bank,SAL
Auditor Price Waterhouse Coopers
Regulator Capital Market Authority
Custody & Administration Midclear SAL
Subscription & Redemption Fee None

PORTFOLIO HOLDINGS

Objective

The objective of ‘Lucid Lebnani Fund LBP’ is to outperform the average return on Lebanese Pound deposits while providing liquidity twice a month. The Fund does not charge or incur any custody, subscription, or redemption fees.

Description

Nominal Value LBP 10,000
Currency LBP
Valuation Daily
Subscription & Redemption Bi-Monthly
Minimum Initial Subscription LBP 150,000,000
Increment Subscription LBP 50,000,000
Investment Manager Lucid Investment Bank,SAL
Auditor Price Waterhouse Coopers
Regulator Capital Market Authority
Custody & Administration Midclear SAL
Subscription &  Redemption Fee None

Investment Strategy

To invest in Lebanese Pound denominated securities and time deposits. May invest up to 20% in USD instruments. May use up to 20% leverage.

PORTFOLIO HOLDINGS

Disclaimer

This report has been prepared by Lucid Investment Bank sal Lebanon for information purpose only. It should be considered as an offer to sell, or a solicitation of an offer to buy. All reasonable care has been taken to ensure that the information contained herein is not untrue or misleading, but no representation is made as to its accuracy or completeness, no reliance should be placed on it and no liability is accepted for any loss arising from reliance on it. From time to time, Lucid Investment Bank may have any interest in any transaction, securities or commodities referred to this report. Also Lucid Investment Bank sal may perform services for, or solicit business from any company referred to in its report. Past performance is not necessarily a guide to future performance, the price of units may go down as well as up and cannot be guaranteed. Investors should read the prospectus before investing.