National Investments Company

Investing in Selective GCC
Sharia Compliant equities

Overview

Performance

Historical NAVs

Reports

Subscription

Al-Darij Fund: Overview

Established: 12/07/2003

Fund Objective

To provide capital appreciation and income through investment primarily in listed and unlisted Sharia compliant equities in Kuwait and the Gulf region.

Performance: To Maximize the Funds expected Total Returns on a risk adjusted basis by trading in listed and unlisted Sharia'a compliant equities in Kuwait and the GCC.

Diversification: To provide diversification among Sharia compliant equities in a variety of sectors through out the gulf region based on liquidity, capital appreciation and dividend yield.

Liquidity: To create a liquid vehicle for investors wishing to benefit from the potential return of an investment fund dedicated to Islamic guidelines.

Benefits of the Fund

Provides exposure to Sharia compliant equities in Kuwait and the GCC through one single liquid investment vehicle.

Provides a single investment tool with the objective of achieving returns higher than traditional Islamic Deposits.

Takes advantage of above average returns for investors who do not have the time or lack the means to enter these markets and manage the risk.

Terms & Conditions

Fund name	Subscription and Redemption
Al-Darij Investment Fund	Monthly Subscription / Redemption Fee = 0.5%
Fund Manager	Management Fee
National Investments Company	1% p.a
Term of the Fund	Incentive Fee
5 years, renewable	only 20% of the amount by which the annualized rate of return exceeds 10%
Fund Capital	Net Asset Value
KD 5 to 100 Milion	calculated on the last trading day of every month
Paid up Capital	Dividends
KD 44,003,453	Semi-annually
Asset Value	Investment Trustee
KD 19,549,515	Boubyan Bank
Base Currency	Nominal Value
Kuwaiti Dinar	KD 1
Minimum Investment	Auditors
1,000 Units	Burgan BDO - Ali Al-Hasawi & Co
Islamic Shari'a Committee
Dr. Khaled Mazkour Al-Mazkour, Dr. Mohammad Abdul Razzaq Al-Tabtabaei, Dr. Yousef Hassan Al-Sharah

Al-Darij Fund: Performance Details

Historical Performance Summary

Best Month

Up Months

Worst Month

Down Months

Avg. Monthly

Top 5 Holdings

Index

Inception 12/07/2003

Begin of year 01/01/2010

This Month 28/02/2010

Since Previous Month

YTD

Since Inception

Al-Darij Investment Fund

0.412

0.444

15.31%

7.88%

91.93%

Kuwait Sharia Compliant Index

163.9

183.5

209.4

17.22%

14.17%

27.78%

NIC 50 Index (Weighted)

2438.2

4171.6

4728.3

18.95%

13.34%

93.93%

KSE Market Index (Weighted)

229.5

385.8

425.2

13.5%

10.21%

85.17%

Al-Darij Fund: Historical NAVs

Year

Al-Darij Fund: Reports

Report Name

Al-Darij Fund: How To Subscribe
To apply for any of NIC's investment funds please fax the following items to +965 22494748 or mail to
National Investments Company Khaleejia Building Mezzanine floor Sharq Kuwait City
Subscription form: please download and print the subscription form provided on the selected fund's web page and kindly fill out all required information including signature.
Required identification:
Individuals:
Kuwait Residents - Civil ID
Non-Kuwaiti residents - Passport Copy

Companies:
Trade License
Articles of Association
Board Resolution
Authorized Signatories
Copy of check deposit slip or funds transfer confirmation ( please see below for payment instructions).

Please allow 2 working days for confirmation of receipt of documents. If you do not receive a confirmation by the third working day please contact: NIC Client Servicing DEPT. at +965 1821112 ext. 6679 - 6680 - 6681 - 6682

The deadline for subscription in NIC's Local & Regional funds is the 25th of every month. Where the 25th falls on a weekend NIC will only consider those subscriptions received on the working day immediately prior to the 25th.

Al-Darij Investment Fund Subscription Form Click here to download

Payment Instructions For Wire Transfer
Beneficiary: Al-Darij Investment Fund Kuwait Finance House Head Office Account Number (011010544179)

For Check Payment
In the name of: Al-Darij Investment Fund