Home Investments Local and GCC Equity Fund

Local and GCC Equity Fund

Fund Objective

The Fund seeks to appreciate its capital in a Sharia-Compliant manner by investing in the securities of companies listed on Boursa Kuwait and other GCC stock markets while focusing on blue chips. This aims at generating competitive return within an acceptable risk level. The Fund aims at distributing funds, if any, on an annual basis upon the discretion of the Fund Manager.

Executive Committee

Badria Hamad Al Humaidhi
Asok Kumar Ayinikkal
Ali Habeeb Atesh
Mohammad Mane Alajmi

Net Asset Value (NAV): KWD 1.1818

Performance (as of 27-June-2022)
CumulativeÂ 1 Week Return	1.48%
Cumulative MTD Return	-5.62%
Cumulative 1 Month Return	-5.62%
Cumulative YTD Return	1.32%
Cumulative 1 Year Return	4.24%
Cumulative Return Since Inception (16/01/2020)	20.68%
Annualized Return Since Inception (16/01/2020)	8.45%

Monthly Report

Subscription Form

Articles of Association

Fund Strategy

Invest in in the securities of companies listed on Boursa Kuwait and other GCC stock markets while focusing on blue chips. The Fund Manager may invest in sovereign sukuk issued by the governments of the GCC countries, or guaranteed by the same, at the time of investment and/or other securities & debt instruments funds or other money market funds which are Shariah-Compliant.

Why invest in the Local and GCC Equity Fund?

Low minimum investment
Well diversified Portfolio
Flexible online subscriptions and redemptions
Possible annual distributions
Weekly liquidity

Fund Facts

Fund structure	Open-ended
Fund type	Equity Fund
Currency	Kuwaiti Dinar
Liquidity	Weekly
Capital	KWD 5,000,000 to KWD 1,000,000,000
Minimum subscription	KWD 1,000
Subscription fees	None
Redemption fees	None
Management fees	0.75%
Performance fees	None
Fund Manager	Boubyan Capital Investment Company K.S.C.C.
Custodian & Investment Controller	Kuwait Clearing Company
Shari'a Auditor	Legitimate Audit House Company K.S.C.C.