The AFC Iraq Fund Class D shares returned +15.9% in April 2023 with a NAV of USD 1,005.88 versus its benchmark, the Rabee Securities RSISX USD Index (RSISUSD index), which gained 12.5% during the month.
For the year, the AFC Iraq Fund is up 47.9%, outperforming the index’s increase of 36.7%.
Since inception, the fund has gained 0.6% while the RSISUSD index is down 28.2%, an outperformance of 28.8%.
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