SICO fixed income fund outperforms regional benchmark in 2014

Manama, Kingdom of Bahrain,25 January 2015: Securities & Investment Company (SICO), licensed by the Central Bank of Bahrain as a conventional wholesale bank, announced today that its Fixed Income Fund outperformed its respective benchmark and peers during 2014.

In its first full year of operations, the Fund delivered a return of 8.7 per cent compared with 6.9 per cent by its benchmark, the Barclays Emerging Markets GCC Bond Index. Since inception, the return has been 7.8 per cent, outperforming the index by 1.4 per cent net of fees. The Fund paid its first dividend in 2014 at US$ 2.25 per unit.

The full press release in english & Arabic can be downloaded here .