The UAE ETF landscape is entering a new chapter as Lunate announced that all Chimera-branded ETFs will officially be renamed under the Lunate brand effective 1 July 2026.
The move completes the integration of Chimera's ETF platform into Lunate's broader asset management business and establishes a single investment brand across the firm's public and private market offerings.
There will be no changes to investment objectives, portfolio holdings, benchmark methodologies, ISINs, trading symbols, fund structures, or operational processes. Existing investors will continue to hold the same ETFs with identical investment exposure.
From Chimera to Lunate
The rebranding reflects the rapid evolution of Lunate into one of the Middle East's largest independent alternative investment managers.
Lunate was launched in 2024 following the combination of Chimera Capital's investment platform with Abu Dhabi's growing alternative asset management ecosystem. Backed by Abu Dhabi capital and headquartered in ADGM, the firm has expanded rapidly across private equity, venture capital, private credit, public markets, real estate and multi-asset solutions.
Today, Lunate manages more than US$110 billion in assets, making it one of the largest investment managers headquartered in the GCC. The firm serves sovereign wealth funds, pension funds, institutions, family offices and private investors across global markets.
While Lunate has become internationally recognized for its private market investments, it has also built one of the region's most comprehensive ETF and shariah platform.
One of the GCC's Largest ETF Issuers
Originally launched under the Chimera brand, the ETF platform has grown into one of the largest ETF franchises in the Middle East.
The platform now spans multiple asset classes and investment themes including:
- UAE equities
- Saudi Arabian equities
- Kuwait equities
- Turkey equities
- China and Hong Kong equities
- India equities
- Japan equities
- Germany equities
- Global Sukuk
- UAE bonds
- US Treasury Bills
- US Shariah equities
- GCC dividend strategies
- Artificial Intelligence
- Quantum Computing
The product range includes both locally listed ETFs on the Abu Dhabi Securities Exchange as well as UCITS ETFs designed for international investors.
Earlier this year, Lunate also expanded into next-generation technology investing with the launch of thematic UCITS ETFs covering Artificial Intelligence infrastructure and Quantum Computing, highlighting the firm's ambition to become a regional leader in innovative investment solutions.
Lunate the Largest Shariah ETF issuer
With the completion of the rebranding, Lunate also becomes the world's largest issuer of Shariah-compliant ETFs by product offering. The firm's Islamic ETF platform now spans 11 Shariah ETFs covering GCC markets, developed and emerging market equities, global Sukuk, and Shariah-compliant U.S. Treasury Bill strategies. This breadth of offerings makes Lunate the most comprehensive provider of listed Islamic ETFs globally, giving investors access to diversified, rules-based investment solutions across virtually every major asset class while supporting the continued growth of Islamic capital markets.
Complete List of Name Changes
Beginning on 1 July 2026, investors will see the following changes:
- Chimera Umbrella Fund → Lunate Umbrella Fund
- Chimera UCITS ICAV → Lunate UCITS ICAV
ETF name changes include:
- LUNATE S&P UAE Shariah ETF
- LUNATE S&P UAE UCITS ETF
- LUNATE S&P KSA Shariah Value ETF
- LUNATE S&P Kuwait Shariah Value ETF
- LUNATE S&P US Shariah Growth ETF
- LUNATE S&P US Shariah Value ETF
- LUNATE S&P Turkey Shariah ETF
- LUNATE FTSE ADX 15 ETF
- LUNATE S&P China HK Shariah ETF
- LUNATE S&P Pakistan UCITS ETF
- LUNATE S&P India Shariah ETF
- LUNATE JP Morgan UAE Bond UCITS ETF
- LUNATE S&P Japan UCITS ETF
- LUNATE JP Morgan Global Sukuk Shariah ETF
- LUNATE S&P Germany UCITS ETF
- LUNATE iBoxx US Treasury Bill Shariah ETF
- LUNATE Solactive GCC Shariah Dividend ETF
What Investors Need to Know
Lunate confirmed that only the branding will change. Existing ETF investors do not need to take any action, and all investment strategies, portfolio holdings, benchmark indices, liquidity arrangements and trading symbols will remain unchanged unless separately announced.
However, brokers, custodians, market makers and institutional investors using automated reporting systems, reconciliation tools or file naming conventions should update their internal processes to reflect the new Lunate branding.
A Stronger Global Identity
The move brings all of Lunate's investment capabilities under a single global brand as the firm continues to expand internationally. As ETF adoption accelerates across the Middle East, the unified Lunate brand is expected to strengthen the firm's visibility with both regional and international investors while reinforcing Abu Dhabi's position as an emerging global asset management hub.
