For the whole year, the company outperformed an 18.4% rise in the Qatar Exchange (QE) Index.
Its NAV per share before dividends was down 6.4% in the final quarter, against a 10.5% drop in the QE Index.
As a whole, Qatar’s real GDP rose by 6% in the third quarter of 2014 compared to Q3 2013, largely fuelled by the non-hydrocarbon sector, which grew by 12%.
The state was in the top 10 best performing indices in the world for 2014, and has $30bn of new projects lined up in 2015.
The company’s top holdings are currently in Qatar National Bank (18% of NAV), Commercial Bank of Qatar (9.4% of NAV), and Qatar Islamic Bank (6.9% of NAV).
Qatar Investment Fund was formed in 2007 with the aim of capitalising on the investment opportunities in Qatar and the Gulf Cooperation Council region, arising from the economic growth being experienced in the area.
It invests in quoted Qatari equities listed on the Qatar Exchange in addition to companies soon to be listed.
