The Fund seeks long-term positive returns with a low level of risk by investing in Gulf and regional debt instruments denominated in US Dollar or local currencies pegged to the US Dollar such as the local currencies of the Gulf Cooperation Council Countries. The Fund may also invest in money market funds and/or other debt instruments funds which are licensed by the Authority or by a foreign regulatory body in accordance with regulatory standards and conditions that are at least similar to those applied by the Authority, and/or in deposits.
Regional Bond and Sukuk Investment Fund
Latest Price NAV
USD
10.89
as of
7/Sep/23
Objective
Performance
3 Yrs Performance
-3.50
5 Yrs Performance
1.97
10 Yrs Performance
N.A
Top Holdings
1.
ABDPOC 2 1/2 05/06/3
5.81
%
2.
QNBK 1.375 01/26/26
5.41
%
3.
GLXPA 2.625 03/31/36
4.99
%
4.
ALDAR 3 7/8 10/22/29
4.65
%
5.
BSFNC 5.500 23/11/27
4.49
%
Portfolio Composition
1.
Saudi Arabia
36.1
%
2.
United Arab Emirates
34.4
%
3.
Qatar
12.2
%
4.
Kuwait
8.4
%
5.
Bahrain
7.4
%
6.
Oman
1.3
%
7.
Cash
0.2
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
0.75
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:
Watani Inv
Website :
https://nbkcapital.com/