The fund will seek long-term capital appreciation by investing primarily in Kuwaiti domiciled, listed equities. From time-to-time, and not ordinarily exceeding 20% of the NAV of the Fund, the Investment Manager may choose to invest in non-Kuwaiti stocks that he deems to have significant exposure to the Kuwaiti economy. To help measure the success of the Fund, its performance will be measured against the Benchmark (S&P Kuwait Custom Index).
NAV KD
As of 27 Sep 2023
As of 27 Sep 2023
Performance | Fund | Benchmark |
---|---|---|
First Financial Year | -38.22% | -47.47% |
Annualized 3 Years (Since Inception) | -17.62% | -16.61% |
Annualized 6 Years (Since Inception) | -5.82% | -6.27% |
Annualized 9 Years (Since Inception) | -6.07% | -5.59% |
Annualized 12 Years (Since Inception) | -1.56% | -0.58% |
End of 2nd Quarter 2023 (Since Inception) | 6.59% | 19.22% |
Cumulative Return Since Inception | 3.92% | 14.23% |
Annualized Return Since Inception | 0.24% | 0.82% |
Annualized Standard Deviation | 15.44% | 20.29% |
Fund Structure:
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Fund Manager Contact:
Senior Managing Director - Head of Asset Management
Managing Director - MENA Asset Management
VP - MENA Asset Management
AVP - MENA Asset Management
Analyst - MENA Asset Management
VP - MENA Asset Management