Boubyan USD Liquidity Fund
Providing Shariah-Compliant competitive returns as the Fund seeks to increase the Net Asset Value while realizing a high liquidity level.
- Badria Hamad Al Humaidhi
- Asok Kumar Ayinikkal
- Ali Habeeb Atesh
- Mohammad Mane Alajmi
Net Asset Value (NAV): USD 10.9360
|Performance (as of 28-June-2022)|
|Annualized 1 Week Return||1.150%|
|Annualized 1 Month Return||1.013%|
|Annualized 3 Months Return||0.837%|
|Annualized 6 Months Return||0.719%|
|12 Months Return||0.644%|
|Annualized YTD Return||0.722%|
|Cumulative YTD Return||1.139%|
|Annualized Return Since Inception (22/05/2014)||0.359%|
|Cumulative Return Since Inception (22/05/2014)||9.360%|
The fund will invest in short and medium term Shariah-Compliant instruments, Wakalah and Murabaha deposits with banks, and high quality government and/or corporate Sukuk. The fund may also invest in other investment funds that have a similar investment objective.
Why invest in the Boubyan USD Liquidity Fund?
- Potential returns higher than one month USD fixed deposit rate.
- High quality and low risk investments.
- Flexible online subscriptions and redemptions
- Weekly liquidity
|Capital||Variable (from USD 18 million to 360 million)|
|Minimum subscription||USD 1,000|
|Management fees||Up to 1% per annum|
|Fund manager||Boubyan Capital Investment Company K.S.C.C.|
|Promoter||Boubyan Bank K.S.C.|
|Custodian & investment controller||Gulf Custody Company K.S.C.C.|
|Shari'a auditor||Al-Mashora & Al-Raya for Islamic Financial Consulting|
|Auditor||Ernst & Young|