MENA Asset Management Survey 2012 - National Bank of Abu Dhabi

Dubai International Financial Centre / Qatar Financial Centre
Exchange Traded Funds
Questions Dubai International Financial Centre
(DIFC)
Application fee Exempt Fund $0; Public Fund $1,000 (if
umbrella, plus $1,000 for each sub fund)
Annual fee Initial period - Exempt Fund $4,000;
Public fund $4,000
Subsequent (annual) - Exempt Fund
$4,000;
Public Fund $4,000
Stock exchange application fee Fees are differentiated for funds with
rebates possible for volume
Closed ended funds, ETFs, ETCs
Application fee
Primary US$ 5,000
Secondary US$ 2,500
Initial fee
Primary US$5K/fund cap US$30K/day
Secondary As above
Annual fee
Primary US$ 5K - US$50K
Secondary As above
Annual Listing fees for close ended funds /
Qatar Financial Centre (QFC)
US$10,000
If the fund is not an umbrella
fund or is an umbrella fund with
only 1 sub fund—US$ 2,000; or
If the fund is an umbrella fund
with 2 or more sub funds—
whichever is the lesser of the
following:
US$ 1,000 x number of sub funds.
Same as application fee.
Application fee for the first year is prorated
based on the number of whole
months remaining
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