Chimera Capital Limited lists an exchange-traded fund tracking the performance of liquid UAE listed stocks on DFM

Chimera

Seif Fikry, Chief Executive Officer (CEO) of Chimera Capital Limited, an Abu-Dhabi-based asset management firm and subsidiary of Chimera Investments LLC, 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).

The liquid, fully fungible, fully tradeable and transparent fund has been designed to track the performance of the S&P UAE BMI Liquid 20/35 Capped Index (Bloomberg: SPUAECAN), 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.

Mr. Hassan Al Serkal, CEO of DFM and Mr. Hamed Ali, CEO of Nasdaq Dubai and Deputy CEO of DFM as well as senior representatives from firms collaborating with Chimera Capital in listing the new fund have attended the bell ringing ceremony.

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