| Inception Date |
Net Asset Value Per Unit (KD) |
As of | Return Since Inception (%) |
Year to Date (%) |
Fund Size (KD) |
|---|---|---|---|---|---|
| 11/07/2006 | 0.435 | 11-MAR-10 | -42.58% | 12.69% | 3.2 Million |
| Fund Manager | CBK Capital |
|---|---|
| Custodian | Gulf Custody Company |
| Selling Agent | Commercial Bank of Kuwait |
| Auditors | Bader & Co Pricewaterhousecoopers |
| year | Bonus | Cash | Tijari Islamic Fund
|---|---|---|
| 2007 |
10 |
0 |
| 2007 |
20 |
0 |
| Total | 30 | 0% |
Monthly Factsheets
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- 2010 Calendars
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Fund Objective
• To create relatively higher returns for investors by
investing in a diversified and risk-controlled manner
in Sharia Compliant Companies that are listed on
the Kuwait Stock Exchange.
Fund Strategy
• The Fund's assets will be invested mainly in stocks
listed on the Kuwait Stock Exchange.
• The Fund may invest in large cap as well as medium
cap Companies.
• The Fund will invest in Sharia Compliant Companies
that fit the following criteria
• Steady growth in revenues
• Strong operational income Fund Objective
• Strong balance sheets Fund Objective
• Attractive P/E & P/BV ratios
Fund Description
• Life of the Fund is 10 years
• Capital range of KD 5 Million to KD 100 Million
• Minimum subscription 500 Units;
Maximum subscription 50%
of the total number of issued units.
Fees
• Subscription fees 1.00%
• Redemption fees 0.25%
• Management fees 1.50%
• Custody fees 0.125%
Client Assurance
• CBK Capital will maintain a minimum 5% investment
in the Fund at all times.
Subscription/Redemption
• Subscription and Redemption shall take place
on Thursdays every two weeks.
• Subscription applications can be submitted up to Thursday (NAV Day) not later than 1p.m.
• Redemption applications must be submitted 7 working days prior to NAV Day.
Target Clients
• The Fund is open to all Kuwaiti nationals,
Expatriates, Corporations and Institutions.
Benchmark
• Al-Madar Islamic Index
For any inquiries or Information about the Fund, please contact | For any inquiries related to Subscription/Redemption, please contact | ||||||||||||||||
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