A professional approach to the Kuwait Stock Exchange
Executive summary
|
Fund name
|
Al Ahli Kuwaiti Fund
|
|
Fund objective
|
To achieve capital growth through investing in Kuwait Stock Exchange companies by
realizing capital returns above the market average.
|
|
Fund manager
|
Ahli Capital Investment Company K.S.C.C.
|
|
Custodians
|
Kuwait Clearing Company
|
|
Management fees
|
1.5% annually
|
|
Auditors
|
Deloitte & Touche, Al Wazzan & Co.
|
|
Launch date
|
2nd February 2003
|
|
Participation
|
Open to all nationalities
|
|
Subscription / Redemption
|
Monthly
|
|
Minimum subscription
|
One thousand units
|
|
Unit valuation
|
NAV of last day of the month
|
|
Performance
|
+161.13% (since inception)
+7.27% (YTD 22)
-6.35% (MTD 22)
|
|
Net asset value
|
KD 0.9986949 (As on 30-6-22)
|
|
Next dealing date
|
28-7-22
|
Dividends
| Year
|
Cash
|
Bonus
|
| 2003
|
180 fils
|
-
|
| 2004
|
70 fils
|
-
|
| 2005
|
105 fils
|
15.6%
|
| 2006
|
120 fils
|
-
|
| 2007
|
160 fils
|
-
|
| 2009
|
60 fils
|
-
|
| 2010
|
80 fils
|
-
|
| 2012
|
50 fils
|
-
|
| 2017
|
54 fils
|
-
|
| 2018
|
54 fils
|
-
|
| 2019
|
-
|
8%
|
For more information please call Ahli Capital 1832832