Qatar Investment Fund PLC Edison initiates coverage on Qatar Investment Fund

TIDMQIF

Qatar Investment Fund PLC

02 December 2015

London, UK, 1 November 2015

Edison initiates coverage on Qatar Investment Fund

Qatar Investment Fund (QIF) offers exposure to growth in Qatar's diversifying economy, which is benefiting from prudently reinvested oil "super profits". Qatar is seeing above average GDP growth and its stock market has shown low correlation with the oil price. The fund seeks to capture the benefits of infrastructure investment, national development and diversification underpinned by wealth accumulated from hydrocarbon reserves. Prudence at national and fund level and the implicit government backing enjoyed by many of QIF's portfolio companies may make this an interesting fund for investors seeking capital growth and a yield of c 3%.

QIF is currently trading well below its three-year average discount to NAV (14.1%), at 3.2%, also below the average for EM investment trusts (9.5%). Qatar's growth prospects and relative stability, along with QIF's yield of just over 3%, suggest the narrower of the discount can be sustained.

Click here to view the full report

All reports published by Edison are available to download free of charge from its website. www.edisoninvestmentresearch.com

About Edison: We are an international equity advisory firm. We enable our client companies to achieve their capital market objectives. The team is made up of more than 80 analysts and investment professionals with many decades of experience. Our extensive company knowledge and industry expertise spans 10 business sectors and more than 700 listed companies globally. We give our corporate clients and investors privileged insight into global investment trends. Our distribution capability is key to ensuring that a global investor audience can access our investment knowledge. Edison is authorised and regulated by the Financial Conduct Authority.

Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities.

Contact details: Learn more at www.edisongroup.com and connect with Edison on:

 
 LinkedIn   www.linkedin.com/company/edison-investment-research 
---------  ---------------------------------------------------- 
 Twitter    www.twitter.com/Edison_Inv_Res 
---------  ---------------------------------------------------- 
 YouTube    www.youtube.com/edisonitv 
---------  ---------------------------------------------------- 
 Google+    https://plus.google.com/105425025202328783163/posts 
---------  ---------------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

NRABBBDDBXGBGUD

(END) Dow Jones Newswires

December 02, 2015 06:33 ET (11:33 GMT)