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A professional approach to the Kuwait Stock Exchange
Executive summary
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Fund name |
Al Ahli Kuwaiti Fund |
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Fund objective
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To achieve capital growth through investing in Kuwait Stock Exchange companies by
realizing capital returns above the market average.
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Fund manager
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Al Ahli Bank of Kuwait
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Custodians |
Kuwait Clearing Company
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Management fees
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1.5% annually
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Auditors |
MOORE STEPHENS |
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Launch date
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2nd February 2003
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Participation |
Open to all nationalities |
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Subscription/Redemption
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Monthly
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Minimum subscription |
Multiple of thousand units |
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Unit valuation
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NAV of last Wednesday of every month
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Performance |
+79.78 % (since inception)
-0.45 % (YTD 12)
-0.45 % (MTD 12)
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Net asset value
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KD 0.856780 (As on 25/01/2012)
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Next dealing date |
29/02/2012
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Fund size
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KD 35.44 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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| 2003 | 28-Feb-05 | 180 fils | - |
| 2004 | 23-Feb-05 | 70 fils | - |
| 2005 | 26-Apr-06 | 105 fils | 15.6% |
| 2006 | 16-Apr-07 | 120 fils | - |
| 2007 | 17-Apr-08 | 160 fils | - |
| 2009 | 25-Apr-10 | 60 fils | - |
For more information please call Ahlan Ahli 1 899
899
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