Home Investments Boubyan KD Money Market Fund II

Boubyan KD Money Market Fund II

Fund Objective

Providing Shariah-Compliant competitive returns as the Fund seeks to increase the Net Asset Value while realizing a high liquidity level.

Executive Committee

Badria Hamad Al Humaidhi
Asok Kumar Ayinikkal
Mohammad Mane Alajmi

Net Asset Value (NAV): KWD 1.11778

Performance (as of 22-Nov-2022)
Annualized 1 Week Return	2.800%
Annualized 1 Month Return	2.684%
Annualized 3 Months Return	2.340%
Annualized 6 Months Return	2.073%
Annualized YTD Return	1.885%
Annualized Return Since Inception (03/08/2016)	1.867%
Cumulative YTD Return	1.684%
Cumulative 1 Year Return	1.848%
Cumulative 2 Years Return	3.199%
Cumulative 3 Years Return	5.210%
Cumulative 5 Years Return	9.967%
Cumulative Return Since Inception (03/08/2016)	11.778%

Monthly Report

Subscription Form

Articles of Association

Fund Strategy

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 KD Money Market Fund II?

Potential returns higher than one month KD fixed deposit rate.
High quality and low risk investments.
Flexible online subscriptions and redemptions
Weekly liquidity

Fund Facts

Fund structure	Open-ended
Fund type	Money market fund
Currency	Kuwaiti Dinar
Liquidity	Weekly
Capital	Variable (from KD 5 million to 1.5 billion)
Minimum subscription	KD 1,000 with any additional amount thereafter
Subscription fees	None
Redemption fees	None
Management fees	Up to 1% of the Net Asset Value
Performance fees	None
Fund manager	Boubyan Capital Investment Company K.S.C.C.
Distributor	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	KPMG Safi Al-Mutawa & Partners