Assets Management is managing two flagship equity funds and they are:
An opened-end fund, seeks capital appreciation through investment in equities listed on the Kuwait Stock Exchange.
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 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 Managers Fees||1.25% per annum in addition to performance fee of 10% of returns that exceed 10% per annum|
- 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),
|Telephone||1889000 Ext (369), (313), (297) 22446381 / 22446380|
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