First Abu Dhabi Bank (FAB) has launched the FAB Thematic Rotation Fund, a multiple-thematic investment vehicle.
The fund is part of the OneShare umbrella fund, regulated by the Central Bank of Ireland.
It will invest in multiple sectors, geographies and asset classes.
According to the bank, the fund will focus on several so-called ‘megatrends’ defined by the thematic taxonomy devised by ETF analytics firm Trackinsight.
These trends include technology innovation, rising urbanisation, environmental changes, next-gen economies and demographic shifts.
©2022 funds global mena