Kuwaiti Equity Fund (Alseef) – ALBILAD Investment


Current Unit Price (19/05/2013) .53
Change Since Previous close 0.00
Previous close (15/05/2013) .53
1 Year High (05/05/2013) 0.54
1 Year Low (05/09/2012) 0.49


Returns:

1 Month Return(%) 0.28

6 Month Return(%) 3.63

1 Year Return(%) 7.92

3 Year Return(%) -1.78
Currency: KWD Management Fee: 1.8%
Category: Stock ARAB Sub Category: Shari'ah Compliant
Date of Inception: 01/01/2006 Price at Inception: 1
Classification: Growth Minimum Initial subscription: 800
Additional Subscription: 200 Portfolio Type: Open Ended
Listing/Registration: Kingdom of Saudi Arabia Risk: High
Subscription deadline: - Redemption deadline: -
Valuation Date: Weekly Announced on: Saturday
Fund Assets: 3,325,000,000 Fund Benchmark: Kuwaiti Islamic shares Performance

Fund Objective:
The fund seeks to achieve its major objective of growing the value of invested capital in the long term (at least three years) through investment on equities of blue chip companies that is characterized by attractiveness and outstanding performance in the Kuwait Stock Market. The fund, to achieve this objective, employ a passive investment policies to minimize the risks attached to the investment on the equities generally through diversifying and allocating the investment among the different sectors based on the strategic and investment anticipations that are decided by the fund management.
Investment Policy:
The fund is actively managed to provide investors with risk distribution across the equities of selective listed and non- listed Kuwaiti companies on the Kuwait Stock Market to enable the fund achieving its objective of growing the invested capital in the long term.
Fund's Benefits:
Kuwaiti stock fund "Al Saief" has many unique benefits: Commitment with Sharia laws in all investment transactions. Efficient investment by employing wise strategies which are focused on investment in the shares of blue chip companies for the long term in the GGC countries. The fund is managed by a specialized team according to the modern scientific techniques. Achieves good returns. therefore, saves your search efforts for ideal investment opportunities. Easy to subscribe in the fund and receiving it's subscription amounts in all the bank's branches. Easy liquidation of the fund investments enabling a quick financial liquidity and easy to redeem units (withdraw) partially or totally. Bank Albilad charges its clients minimum fees against the investment services. Offered statement of account to the clients periodically.

Sectors' Diversification
Banking 61.4%
Services 17.6%
Cash 8.5%
Real Estate 5.1%
Investment 4.5%
Others 2.9%

Major Investments
Kuwait Finance House
Boubyan Bank
Kuwait International Bank
Ahli United Bank
Zain

 


Fund Manager's Contact Information:
City: Riyadh Website: www.albiladinvest.com
Address: AlWorod district , King Abdullah Ro Email: malismail@albiladinvest.com
P.O. Box: 140 Telex: -
Postal Code: 11411 Telephone: 0096612918888
Fax: 0096612039899 Mobile: -
Note: All funds facts are updated continuously, however, it's strongly recommended to revert to the respective fund manager for the latest information before making any investment decision.

Mutual Funds (Funds managed under ALBILAD Investment )

Fund Name Category Sub Category Last Unit Price Valuation Date One year change
GCC Real-Estate Equity Fund (Aqaar) Stock ARAB Shari'ah Compliant 0.51 19/05/2013 21.22%
Kuwaiti Equity Fund (Alseef) Stock ARAB Shari'ah Compliant 0.53 19/05/2013 7.92%
GCC Banks & Financial Institutions Equity Fund (Amwal) Stock Intl Shari'ah Compliant 0.62 19/05/2013 -0.87%
Saudi Pure Equity Fund (Asayel) Stock Local Shari'ah Compliant 0.48 19/05/2013 14.52%
Al-Murabih SAR Murabaha Fund Trade Finance Local Shari'ah Compliant 1.15 19/05/2013 1.24%
Ithmar Sharia Compliant Saudi Equity Fund Stock Local Shari'ah Compliant 1.16 19/05/2013 N/A
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