Al Mada Investment Fund
Monthly Subscription / Redemption Fee = 0.5%
National Investments Company
Indefinite
Only 20% of the amount by which the annualized rate of return exceeds 10%
USD 20 to 300 million
Calculated on the last trading day of every month
USD 37,247,595
Dividends shall be paid at the discretion of the Fund Manager
USD 30,973,593
SICO FUNDS SERVICES COMPANY B.S.C.
US Dollar
5,000 Units
USD 1.000
Ernst & Young, Bahrain
You are able to print the applications of subscription and redemption from the website and submit them along with a copy of the required documents via email CRM@nic.com.kw
Or you can visit the company with the required documents at the following address.
National Investments Company Kuwait City, Sharq, Al Mutanabi Street, Block 7, Khaleejia Building, 10th Floor, Wealth Management Sector
For further assistance, please call the Client Relations Department on the operator number
1821112 Ext: 6681 / 6739.
Please attach a copy of the following according to the business type:
For Foreign Companies outside Kuwait:
In case there is a controlling person, official documents should be authenticated.
Government entities:
In addition to a 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 Services Department at +965 22266666 Ext. 6680 / 6739.
The deadline for subscription and redemption is the 15th of every month. Where the 15th falls on a weekend NIC will only consider those subscriptions or redemptions received on the working day immediately prior to the 15th.
Beneficiary: AL MADA INVEST - NATIONAL INVESTMENTS FUND Co.
Bank Name: Ahli United Bank, Bahrain
Account Number: 0016-250381-001
IBAN No.: BH82 AUBB 0001 6250 3810 01
Swift Code: AUBBBHBM
Correspondent Bank: JP Morgan Chase Bank, N.A.CHASUS33/4000937913
In the name of: Al Mada Investment Fund