Daman Investments has pioneered Feeder Fund Structuring in the UAE mainland. This investment structure approved by the Securities & Commodities Authority of UAE (SCA) enables a retail investor in the UAE to invest into a feeder fund, which in turn invests into a master fund that is domiciled in a foreign jurisdiction.
This structure enables retail investors in the UAE to gain exposure to offshore funds and ensure that the investors will benefit from the expertise and investment decisions made by the master fund’s manager.
Each feeder fund created by Daman will collect investments from retail investors in the UAE and channel them into the respective master fund domiciled in other recognized jurisdictions globally.
The master fund, which pools resources from multiple investors, will manage the collective assets and makes investment decisions.
As fund manager, Daman will be responsible for the following activities pertaining to the feeder funds:
| # | Name | Prospectus | Supplements |
|---|---|---|---|
| 1 | Allianz Income and Growth AE – AM - USD | ||
| 2 | Allianz Income and Growth AE – RM - USD | ||
| 3 | Allianz Income and Growth AE – AM - H2 - EUR | ||
| 4 | Allianz Income and Growth AE – RM - H2 - EUR | ||
| 5 | Allianz Global Artificial Intelligence AE – AT - USD | ||
| 6 | Allianz Global Artificial Intelligence AE – AT - EUR |
Please note that the auditor for the feeder fund will be the local office of the appointed auditor at master fund level.
| Name | Share class | Factsheet | Prospectus | Supplements |
|---|---|---|---|---|
| Allianz Income and Growth AE | AM - USD |  |
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| Allianz Income and Growth AE | RM - USD | |
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| Allianz Income and Growth AE | AM - H2 - EUR | |
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| Allianz Income and Growth AE | RM - H2 - EUR | |
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| Allianz Global Artificial Intelligence AE | AT - USD | |
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| Allianz Global Artificial Intelligence AE | AT - EUR | |
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Daman Investments PSC (“Daman”) is a private joint stock company operating under the regulation, control and supervision of the Securities & Commodities Authority of the UAE (“SCA”). Daman is licensed and authorised by the SCA- License Number-301043 for the conduct of the following financial activities: (i) Portfolios Management (Category 2- Dealing in Investment); (ii) Investment Fund Management. (Category 2- Dealing in Investment); and (iii) Promotion (Category 5- Arranging and Advice).
Daman was registered in the Commercial Register on 14 November 2006 as a Private Joint Stock Company with registration number 1001646. Daman is incorporated in Dubai, UAE and operates as an independent entity licensed. Daman’s issued share capital is AED 268,823,500. Pursuant to SCA guidelines, Daman’s capital adequacy ratio must demonstrate a strong capacity to absorb unforeseen losses by having significant and sufficient capital reserves.
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Daman Investments is regulated by the
Emirates Securities and Commodities Authority (SCA).
Daman Investments © 2024 All Rights Reserved
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