Treasury
| Al Ahli Gulf Fund
 


Bahrain, KSA, Kuwait, Oman, Qatar, UAE.

Al Ahli Gulf Fundoffers you an exciting and unique opportunity to invest in some of the world's fastest growing economies: the six countries of the GCC. The fund is managed by skilled teams of local professionals who have considerable knowledge and experience with large local financial institutions.

Fund name
Al Ahli Gulf Fund
Fund objective
To achieve capital growth investing in the shares of companies registered across the GCC Stock Exchange, realizing outstanding investment returns above the market average with an acceptable level of investment risk.
Fund manager
Al Ahli Bank of Kuwait
Local manager
Al Ahli Bank of Kuwait
National Bank of Abu Dhabi (UAE)
Bank of Muscat (Oman)
Sico ( Bahrain & Qatar & Saudi )
Custodians
Kuwait Clearing Company
Management fees
1.25% annually
Auditors
MOORE STEPHENS
Launch date
10 February 2003
Participation
Open to all nationalities
Subscription/Redemption
Monthly
Distribution of profits
Min. 50% of annual NAV increase
Minimum subscription
Multiple of thousand units
Unit valuation
NAV of last Monday of every month
Performance
+67.850 % (since inception)
-12.016 % (YTD 11)
+0.319 % (MTD 11)
Net asset value
KD 0.743496 (As on 31/10/2011)
Next dealing date
28/11/2011
Fund size
KD 16.77 M
ABK participation
5-10% of the fund capital

Dividends
Year Div. date Cash Bonus
2004 28-Feb-05 180 fils  -
2005 24-Apr-06 222 fils 22.3%
2006 16-Apr-07 50 fils  -
2007 20-Apr-08 130 fils  -
2009 25-Apr-10 60 fils  -

For more information please call Ahlan Ahli 1 899 899 or Apply online.