The fund aims to generate competitive Sharia compliant returns on the money invested. The fund will invest in short and medium term Sharia compliant instruments, Wakalah and Murabaha deposits with banks, and high quality government and/or corporate Sukuk. The fund may also invest in other investment funds that have a similar investment objective.
Boubyan KD Money Market Fund II
Latest Price NAV
USD
3.73
as of
8/Aug/23
Objective
Key Facts
Launch Date :
15/Aug/16
Asset Type :
Money MarketBase Currency :
Kuwait DinarTotal Net Asset (USD M) :
774.48
Benchmark :
Index is not available on Lipper Database
Dividend Type :
N.A
Income Distribution :
Retained
Total Expense Ratio % :
N.A
Geographical Focus :
Kuwait
Shariah Compliant
Shariah
Performance
3 Yrs Performance
1.73
5 Yrs Performance
1.81
10 Yrs Performance
N.A
Top Holdings
Portfolio Composition
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
1
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
N.A
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
N.A
Contact
Company Name:
Boubyan Bank KSC
Website :
www.bankboubyan.com