Monday 09, February 2009 by
SICO's Khaleej Equity Fund upgraded to AA
Bahrain-based SICO’s flagship fund, the Khaleej Equity Fund (a GCC Equity Fund), has been upgraded to a “AA” rating from the “A” rating awarded in December 2007. SICO’s Gulf Equity Fund (a GCC ex Saudi Fund), which was rated for the first time has also been awarded a “AA” rating. SICO’s other investment funds, SICO Selected Securities Fund (a Bahrain dedicated country Fund) and SICO Arab Financial Fund (a MENA based Financial sector Fund), have been awarded “A” ratings by Standard & Poor’s Fund Services.
