Assets Management is managing two flagship equity funds and they are:
Capital appreciation through investment in equities listed on the Kuwait Stock Exchange. Investment in non-listed equities is allowed to a maximum of 20% of Fund Net Asset Value.
Currency: Kuwaiti Dinars
Fund Manager: Kuwait Finance & Investment Company
Custodian & Administrator: Gulf Clearing Company
Auditor: RSM Al Bazie Co. - Public Accountants
Minimum Subscription: 1000 units and its multiples with par value of One (1) Kuwaiti Dinar.
Subscription Fees: Up to 2% of subscription amount.
Fund Manager's Fees: 1.25% per annum in addition to performance fee of 10% of returns
that exceed 10% per annum.
Inception Date : 20/06/2005
All Correspondence to the Fund Manager Can be sent to the following address:
Kuwait Finance and Investment Company (KFIC)-Sharq-Ahmad Al-Jaber Street-Al-Arabia Tower-P.O.Box 21521 Safat 13037 Kuwait
Telephone: 1889000 Ext (369), (313), (297)
The management seeks to create diversity and expand its fund basket, through managing and marketing funds in different sectors and asset classes. And it always studies its client's investment needs and search for investment opportunities suits their requirements and act in accordance with the market conditions.
click here to view : www.al-bashaerfund.com