FUND OBJECTIVE
This fund aims to achieve long-term capital appreciation and diversify risk globally by investing in licensed funds that provide exposure across multiple asset classes and global markets.
| Fund Type |
Fund of Funds |
| Fund Structure |
Open-Ended |
| Risk Categorization |
Moderate |
| Currency |
KWD |
| Subscription/Redemption |
Monthly |
| Minimum Subscription |
KD 500 |
| Inception Date |
November 2018 |
| Fund Manager |
|
| Investment Manager |
BlackRock Asset Management UK Ltd. |
| Custodian & Investment Controller |
Gulf Clearing Company K.S.C.C. |
| Subscription Fee |
1% |
| Management Fee |
1.35% per annum |
| External Auditor |
Deloitte & Touche Al Wazzan & Co |
| Committee |
|