KFIC | Funds
Equity Funds

Assets Management is managing two flagship equity funds and they are:

  • Al-Wasm Fund.
    An opened-end fund, seeks capital appreciation through investment in equities listed on the Kuwait Stock Exchange.


    Investment Objectives:

    Capital appreciation through investment in equities listed on the Kuwait Stock Exchange. Investment in non-listed equities is allowed to a maximum of 10% of Fund Net Asset Value.


    Fund Summary:

    Currency:                        Kuwaiti Dinars
    Fund Manager:                 Kuwait Finance & Investment Company
    Custodian & Administrator: Gulf Clearing Company
    Auditor:                          Price Waterhouse Coopers (AlShatti & Company)   
    Minimum Subscription:       1000 units and its multiples with par value of One (1) Kuwaiti Dinar.
    Subscription Fees:            Up to 2% of subscription amount.
    Fund Manager's Fees:       1.25%  per annum in addition to performance fee of 10% of returns

                                        that exceed 10% per annum.
    Inception Date :              20/06/2005


    Investment Features:
    • Experienced investment team with superior track record.
    • Opportunistic and active investment management style focused on stock picking.
    • Favorable investing and economic environment.
    • Weekly liquidity.


    All Correspondence to the Fund Manager Can be sent to the following address:

    Kuwait Finance and Investment Company (KFIC)-Sharq-Ahmad Al-Jaber Street-Al-Arabia Tower-P.O.Box 21521 Safat 13037 Kuwait


    Telephone: 1889000 Ext (369), (313), (297)

                    22446381 / 22446380
    Fax:          22421586
    Email:        Fund_wasm@kfic-kw.com
    Complaint:  complains@kfic-kw.com


  • Al-Basha'er GCC Equity Fund.
    An opened-end investment fund, which seeks medium to long-term capital appreciation, through investing primarily in the shares of GCC-listed Shari'ah compliant companies. Al Basha'er GCC Equity Fund won the 'Lipper Fund Award' in 2006 & 2008 by topping the Sharia'a compliant GCC Equity Fund category. www.al-bashaerfund.com

The management seeks to create diversity and expand its fund basket, through managing and marketing funds in different sectors and asset classes. And it always studies its client's investment needs and search for investment opportunities suits their requirements and act in accordance with the market conditions.

click here to view : www.al-bashaerfund.com