Boubyan USD Liquidity Fund
As of 28/7/2015, the par value of the fund’s units have been adjusted from USD100/unit to USD10/unit. This change did not affect total value.
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
- Omar Abdulaziz AlRasheed
- Abdulmohsen Sameer Al Gharaballi
Net Asset Value (NAV): USD 11.8375
Performance (as of 03-September-2024) | |
Annualized 1 Week Return | 4.500% |
Annualized 1 Month Return | 4.506% |
Annualized 3 Months Return | 4.524% |
Annualized 6 Months Return | 4.549% |
Annualized YTD Return | 4.568% |
Annualized Return Since Inception (22/05/2014) | 1.761% |
Cumulative YTD Return | 3.134% |
Cumulative 1 Year Return | 4.562% |
Cumulative 2 Years Return | 7.951% |
Cumulative 3 Years Return | 8.812% |
Cumulative 5 Years Return | 11.357% |
Cumulative Return Since Inception (22/05/2014) | 18.375% |
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 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
Fund Facts
Fund structure | Open-ended |
Currency | US Dollar |
Capital | Variable (from USD 7 million to 360 million) |
Minimum subscription | USD 1,000 |
Subscription fees | None |
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 | Shura Sharia Consultancy |
Auditor | Ernst & Young |