Our local exchange traded equity fund, Sarv, was launched in June 2019. Sarv is an open-ended fund that is regulated by Iran’s Securities & Exchange Organization (SEO). Sarv has been one of the top performing funds in Iran and is mainly comprised of companies listed on the Tehran Stock Exchange.

Key Features of the Fund:

  • Trading flexibility
  • Low trading cost
  • Low volatility
  • High liquidity
  • No investment minimum
  • No minimum holding period
  • Tax-exempt (both on dividends and capital gain)
  • Transparent and regulated platform

Our Investment Strategy:

  • Bottom-up fundamental analysis at sector and single-stock levels, with macro and
    technical overlay
  • Risk-adjusted investment returns in a well-diversified portfolio
  • Griffon’s fundamental research-based investment process drives alpha generation
  • Actively managed fund with frequent changes in equity exposure
  • Use of leverage