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Bahrain, KSA, Kuwait, Oman, Qatar, UAE.
Al Ahli Gulf Fund offers 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.
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Fund name |
Al Ahli Gulf Fund |
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Fund objective
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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.
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Fund manager
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Al Ahli Bank of Kuwait
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Local manager |
Al Ahli Bank of Kuwait
National Bank of Abu Dhabi (UAE)
Bank of Muscat (Oman)
Sico ( Bahrain & Qatar & Saudi )
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Custodians
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Kuwait Clearing Company
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Management fees |
1.25% annually |
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Auditors
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MOORE STEPHENS
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Launch date |
10 February 2003 |
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Participation
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Open to all nationalities
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Subscription/Redemption |
Monthly |
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Distribution of profits
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Min. 50% of annual NAV increase
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Minimum subscription |
Multiple of thousand units |
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Unit valuation
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NAV of last Monday of every month
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Performance |
+68.65 % (since inception)
-1.39 % (YTD 12)
-1.39 % (MTD 12) |
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Net asset value
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KD 0.751514 (As on 30/01/2012)
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Next dealing date |
27/02/2012 |
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Fund size
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KD 16.78 M
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ABK participation |
5-10% of the fund capital |
Dividends
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Year
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Div. date
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Cash
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Bonus
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2004
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28-Feb-05
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180 fils
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-
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2005
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24-Apr-06
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222 fils
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22.3%
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2006
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16-Apr-07
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50 fils
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-
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| 2007
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20-Apr-08
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130 fils
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-
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2009
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25-Apr-10
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60 fils
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-
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For more information please call Ahlan Ahli 1 899
899
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