The Fund seeks longterm capital appreciation by investing in promising securities with an active strategy in the regional markets to achieve high risk adjusted returns and provides monthly liquidity to its unit holders.
Noor GCC Islamic Fund
Latest Price NAV
USD
3.36
as of
31/Aug/23
Objective
Key Facts
Launch Date :
2/Sep/07
Asset Type :
EquityBase Currency :
Kuwait DinarTotal Net Asset (USD M) :
22.82
Benchmark :
S&P GCC Composite Shariah TR
Dividend Type :
N.A
Income Distribution :
Retained
Total Expense Ratio % :
N.A
Geographical Focus :
GCC
Shariah Compliant
Shariah
Performance
3 Yrs Performance
8.87
5 Yrs Performance
5.45
10 Yrs Performance
3.84
Top Holdings
1.
Kuwait Finance House
2.
Al Rajhi Bank
3.
Industries Qatar
4.
Al Dar Properties
5.
Etisalat
Portfolio Composition
1.
Saudi Arabia
27
%
2.
Cash
21
%
3.
Kuwait
21
%
4.
Qatar
16
%
5.
United Arab Emirates
15
%
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 :
2
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
0.5
Contact
Company Name:
Noor
Website :
www.noorinvestment.com