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Boubyan USD Liquidity Fund
Achieve competitive returns with an open-end fund strategy
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
- Ali Habeeb Atesh
- Mohammad Mane Alajmi
Net Asset Value (NAV): USD 10.9293
Performance (as of 07-June-2022) | |
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Annualized 1 Week Return | 0.900% |
Annualized 1 Month Return | 0.847% |
Annualized 3 Months Return | 0.736% |
Annualized 6 Months Return | 0.661% |
12 Months Return | 0.612% |
Annualized YTD Return | 0.681% |
Cumulative YTD Return | 1.139% |
Annualized Return Since Inception (22/05/2014) | 0.298% |
Cumulative Return Since Inception (22/05/2014) | 9.293% |
Fund Strategy
An open-end fund that allows entry and exit of investors with the aim of realizing competitive returns.
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 | |
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Fund structure | Open-ended |
Currency | US Dollar |
Capital | Variable (from USD 18 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 | Al-Mashora & Al-Raya for Islamic Financial Consulting |
Auditor | Ernst & Young |