The fund seeks to obtain returns through investments in Islamic Sharia Equities in Kuwait Boursa with weekly subscriptions and redemptions in Sharia Compliant Equities.
Markaz Islamic Fund
Latest Price NAV
USD
7.61
as of
7/Sep/23
Objective
Key Facts
Launch Date :
15/Oct/03
Asset Type :
EquityBase Currency :
Kuwait DinarTotal Net Asset (USD M) :
49.54
Benchmark :
Index is not available on Lipper Database
Dividend Type :
N.A
Income Distribution :
Paid
Total Expense Ratio % :
N.A
Geographical Focus :
Kuwait
Shariah Compliant
Shariah
Performance
3 Yrs Performance
8.63
5 Yrs Performance
6.06
10 Yrs Performance
2.71
Top Holdings
1.
Kuwait Finance House
2.
Boubyan Bank
3.
Mobile Telecommunication Co. (ZAIN)
4.
Agility Public Warehousing
5.
National Industries Group (Holding)
Portfolio Composition
1.
Kuwait
84
%
2.
Cash
16
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
1.5
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
N.A
Actual Charge :
0.5
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
0.5
Contact
Company Name:
Kwt Fincl Centre
Website :
www.markaz.com