AL AHLI KUWAITI FUND
Managed in-house by Ahli Capital Investment Company’s team of experienced fund managers, the Al Ahli Kuwaiti Fund is an ideal means to gain exposure to the Kuwaiti Equity Market. The fund is domiciled in Kuwait and regulated by the Capital Markets Authority (CMA). It was launched in February 2003, making it one of the funds with the longest track record of investing in Boursa Kuwait listed securities.
FUND OBJECTIVE
This fund aims to achieve long-term capital appreciation by investing in the shares of companies listed on Boursa Kuwait. 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 Initial Subscription |
1,000 Units |
| Inception Date |
February 2003 |
| Fund Manager |
Ahli Capital Investment Company K.S.C.C. |
| Custodian & Investment Controller |
Kuwait International Trustee Company K.S.C.C |
| Subscription Fee |
none |
| Management Fee |
1% per annum |
| External Auditor |
Bader A. Al-Wazzan - Deloitte & Touche Al Wazzan & Co |
| Committee |
|
