Fund Portfolio

Investment Summary

Navoiyazot is one of the largest enterprises in the chemical industry of Uzbekistan, engaged in the processing of natural gas into mineral fertilizers, the production of chemical reagents for gold mining and low-tonnage chemical products. In the main areas of its activity, the company occupies a leading position in the national market.

Investment Summary

Regional Electric Networks JSC Hududiy elektr tarmoqlari is responsible for the distribution and supply of electricity to consumers in Uzbekistan. The company manages regional electric networks and ensures the delivery of electricity to both industrial and residential consumers. It operates through 12 regional branches and 2 regional enterprises, focusing on the maintenance, development, and modernization of electrical networks.

Investment Summary

Uzsuvtaminot is responsible for the management of water resources in Uzbekistan, aiming to increase the level and improve the quality of water supply and sewage services. The company operates various water supply and sewage systems across the country, ensuring that the population has access to clean drinking water and efficient sewage services.

Investment Summary

Hududgaztaminot provides natural and liquefied gas to consumers across Uzbekistan. Established on July 9, 2019, the company plays a significant role in the energy sector of Uzbekistan, particularly in distributing natural gas to residential, commercial, and industrial consumers across the country. It is responsible for maintaining the infrastructure related to gas transportation, ensuring safe and reliable delivery of gas, and contributing to the overall energy supply system.

Investment Summary

O'zbekiston MET is a power transmission operator in Uzbekistan. The main activities of the company are the operation and development of the main electric networks of the Republic of Uzbekistan, the supply of electricity through the main electric networks and the implementation of interstate transit, cooperation with electric power systems of neighboring states.

Investment Summary

Uzbektelecom was founded in 1992 and is one of the largest telecommunications service operators in Uzbekistan. The company provides a wide range of services, including landline telephone, cellular, internet service provider, and GPS services.

Investment Summary

Thermal Power Plants is responsible for generating electricity and providing heat to meet the needs of the economy and the population of Uzbekistan. The company operates 7 thermal power plants, 3 thermal power cogeneration plant centers, and 3 service companies.

Investment Summary

Uzbekhydroenergo is a leading hydropower company in Uzbekistan, focusing on the generation of electricity from hydroelectric power plants. The company is involved in various activities, including the construction, operation, and maintenance of power plants, as well as the production of specialized equipment for hydropower plants.

Investment Summary

Investment Summary

Xalq Bank was founded in 1875, transformed into the state commercial bank Xalq Bank in 1995, and renamed into Joint Stock Commercial Xalq Bank in 2015. Xalq Bank (also known as the People's Bank of the Republic of Uzbekistan) is a government-owned, full-service universal bank located in Tashkent. It offers a wide range of advanced and favorable services and products to both individuals and corporate clients. The bank has the widest branch network in Uzbekistan, with 275 branches.

Investment Summary

The Uzbek Commodity Exchange (UZEX) was established in April 1994. Today, it is the largest trading platform in Central Asia and a dynamically developing commodity exchange in the CIS countries. The exchange's activities aim to create the necessary conditions for trading in exchange commodities by organizing and conducting public and open exchange trading based on established rules. UZEX plays a significant role in providing equitable access to highly liquid commodity assets produced in the country, such as ferrous and nonferrous metals, petroleum products, cotton fiber, fertilizers, sugar, wheat flour, and corn.

Investment Summary

Uzbekinvest is a leading export-import insurance company in Uzbekistan. It operates in the field of "General Insurance" and provides services in all 17 insurance classes according to the insurance business classification. The company was established in April 1994 and reorganized into the National Export-Import Insurance Company with the status of the official state agent in export credit and investments insurance in February 1997.

Investment Summary

Uzbekistan Airways is the flag carrier of Uzbekistan, founded on January 28, 1992. The airline operates a robust fleet of over 30 modern aircraft and serves both domestic and international destinations. The airline also performs scheduled, charter passenger, and cargo transportation, including low-cost services under the Uzbekistan Airways Express brand.

Investment Summary

Temiryo'linfratuzilma is a company formed from the restructuring of "O'zbekiston temir yo'llari" AJ. The company is responsible for the development, modernization, and maintenance of railway infrastructure in Uzbekistan. The company is responsible for implementing a unified technical policy in the field of railway transport, ensuring the safe and efficient use of railway infrastructure, and managing railway facilities.

Investment Summary

Toshshahartransxizmat is the public transport company responsible for operating ground public transport in Tashkent. The company manages a fleet of buses and ensures the provision of reliable and efficient public transportation services to the residents of Tashkent.