Fund Objective
To provide capital appreciation and income to its investor by investing in Kuwaiti, Arab and GCC Sharia compliant listed and unlisted equities in the industrial and petroleum service sectors.
Fund Features
Only sharia compliant fund in Kuwait that invests across a broad spectrum of basic material and industrial companies in the GCC markets. The fund offers prospect of high returns commensurate with its risk profile as the constituents operate in cyclical and macro sensitive sectors. The fund targets blue chip companies that are strategically important to GCC economies and takes advantage of cyclical upturns in the economy.
Top 5 Holdings
Saudi Arabian Oil Co
Industries Qatar
SABIC Agri-Nutrients Co.
Saudi Arabian Mining Co.
Saudi Basic Industries Corp.