The Fund objective is to achieve competitive returns by investing in listed and unlisted companies in Kuwait mainly, Gulf and Arab markets and invest excess cash in money market instruments. All investments are compliant with the Islamic Shariah principles.
Al-Fajer Fund
Latest Price NAV
USD
3.21
as of
31/Jul/23
Objective
Key Facts
Launch Date :
30/Jun/05
Asset Type :
EquityBase Currency :
Kuwait DinarTotal Net Asset (USD M) :
125.68
Benchmark :
Index is not available on Lipper Database
Dividend Type :
Income
Income Distribution :
Paid
Total Expense Ratio % :
N.A
Geographical Focus :
Kuwait
Shariah Compliant
Shariah
Performance
3 Yrs Performance
8.76
5 Yrs Performance
5.76
10 Yrs Performance
3.83
Top Holdings
1.
KFH
18.6
%
2.
ZAIN
13.74
%
3.
BOUBYAN
13.62
%
4.
AGLTY
10.39
%
5.
NIND
7.38
%
Portfolio Composition
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
1.5
Initial Charges
Minimum Charge :
1
Maximum Charge :
2
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
0.5
Contact
Company Name:
Wafra
Website :
www.wafra-kuwait.com