AL AHLI GULF FUND
Al Ahli Gulf Fund was launched in August 2003 and is domiciled in Kuwait. It is regulated by the Capital Markets Authority (CMA) and has one of the longest track records among funds invested in GCC equities. SICO Bahrain acts as the sub-fund manager on the non-Kuwait allocation of this fund.
FUND OBJECTIVE
This Fund aims to achieve long-term capital appreciation by investing in the shares of companies listed across all GCC exchanges. The Fund aims to achieve optimal returns in the long term by minimizing the risks involved in the equity markets.
| Fund Type |
Equity Fund |
| Fund Structure |
Open-Ended |
| Risk Categorization |
Growth |
| Currency |
KWD |
| Subscription/Redemption |
Monthly |
| Minimum Subscription |
1000 Units |
| Inception Date |
August 2003 |
| Fund Manager |
Ahli Capital Investment Company K.S.C.C |
| Sub-Fund Manager |
SICO - Securities and Investment Company |
| Custodian & Investment Controller |
Kuwait International Trustee Company K.S.C.C |
| Subscription Fee |
2% |
| Management Fee |
1.25% per annum |
| External Auditor |
Bader A. Al-Wazzan - Deloitte & Touche Al Wazzan & Co |
| Committee |
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