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Investment Funds

  • NET ASSET VALUE

    KWD 0.7184

  • MONTH TO DATE RETURN

    (0.68%)

  • YEAR TO DATE RETURN

    6.46%

  • RETURN SINCE INCEPTION

    296.05%

  • GEOGRAPHIC FOCUS

    Kuwait

  • ASSET VALUE

    KWD 140,409,301

  • FUND STRUCTURE

    Open-Ended

  • NAV FREQUENCY

    Weekly
    NAV:
    KWD0.7097 As of 18/1/2024

  • DIVIDEND SINCE INCEPTION

    CASH: 70%
    BONUS: 160%

As of March 28, 2024

Fund Objective

To provide capital appreciation and income primarily through investment in listed equities on the Boursa Kuwait and investment in unlisted equities in the State of Kuwait.

Fund Features

Established back in 2001 and considered among the oldest and largest conventional fund in the region with a track record of over two decades. Invested companies are diligently screened on qualitative and quantitative parameters. The fund has a diversified shareholder base including government institutions, corporates and retail investors.

Top 5 Holdings

Agility Public Warehousing Company

Kuwait Finance House

Mobile Telecommunications Company

National Bank of Kuwait

Ahli United Bank BSC

   

Sector Distribution

Geographical Distribution

How To Subscribe And Redeem

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.

Fund Name
Al Wataniya Investment Fund
Subscription and Redemption
Weekly Subscription / Redemption Fee = None
Fund Manager

National Investments Company
Management Fee
1.0% per annum
Term of the Fund
10 years, renewable
Incentive Fee
Only 15% of the amount by which the annualized return of
the fund exceeds the Total Return benchmark. Fund returns
must be positive.
Net Asset Value
Calculated on the last trading day of every week
Fund Capital
KWD 25 to 300 million
Paid Up Capital
KWD 199,264,325
Dividends
Quarterly or Annually
Asset Value
KWD 139,720,261
Registrar
Gulf Custodian Company
Base Currency
Kuwaiti Dinar
Custodian & Investment Controller
Kuwait Clearing Company
Nominal Value
KWD 1.000
Minimum Investment
1,000 Units with multiples of 1 Unit
Auditors

Khaled Hasan Ibrahim Alahmed-ALSOOR Certified Public
Accountants
Fund Capital:

KWD 25 To 300 Million
  • NET ASSET VALUE

    KWD 0.4015

  • MONTH TO DATE RETURN

    (2.29%)

  • YEAR TO DATE RETURN

    3.61%

  • RETURN SINCE INCEPTION

    93.50%

  • GEOGRAPHIC FOCUS

    Kuwait

  • ASSET VALUE

    KWD 7,564,635

  • FUND STRUCTURE

    Open-Ended

  • NAV FREQUENCY

    Monthly

  • DIVIDEND SINCE INCEPTION

    CASH: 54.9%
    BONUS:103%

As of March 31, 2024

Fund Objective

To provide capital appreciation and income through investing primarily in listed and unlisted Sharia-compliant equities in Kuwait and the GCC.

Fund Features

Established back in 2003 and considered among the oldest sharia compliant fund in the region. Focuses on blue chip companies that have consistently delivered good operating performance. The fund has offered generous cash dividends to unit holders and has a diversified shareholder base including corporates and retail investors.

Top 5 Holdings

Agility Public Warehousing Company

Kuwait Finance House

Mobile Telecommunications Company

Boubyan Bank

Boubyan Petrochemical Co KSCP

 

Sector Distribution

Geographical Distribution

 

How To Subscribe And Redeem

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.

Fund Name
Al Darij Investment Fund
Subscription and Redemption
Monthly Subscription / Redemption Fee = 0.5%
Fund Manager

National Investments Company
Incentive Fee
1% per annum
Term of the Fund
10 years, renewable
Performance Fee
Only 20% of the amount by which the annualized rate of return exceeds 10%
Fund Capital
KWD 5 to 100 million
Net Asset Value
Calculated on the last trading day of every month
Paid Up Capital
KWD 19,382,715
Dividends
Quarterly or Annually
Asset Value
KWD 7,712,537
Registrar
Kuwait Clearing Company K.S.C
Base Currency
Kuwaiti Dinar
Custodian & Investment Controller
Kuwait Clearing Company K.S.C
Minimum Investment
1,000 Units
Nominal Value
KWD 1.000
Auditors
Khaled Hasan Ibrahim Alahmed-ALSOOR Certified Public
Accountants
External Sharia Auditor

Osol for Sharia Advisory

  • NET ASSET VALUE

    KWD 1.0666

  • MONTH TO DATE RETURN

    (2.23%)

  • YEAR TO DATE RETURN

    6.09%

  • RETURN SINCE INCEPTION

    122.24%

  • GEOGRAPHIC FOCUS

    GCC and Arab

  • ASSET VALUE

    KWD 11,927,614

  • FUND STRUCTURE

    Open-Ended

  • NAV FREQUENCY

    Monthly

  • DIVIDEND SINCE INCEPTION

    CASH: 44%
    BONUS: 50%

As of March 31, 2024

Fund Objective

To provide capital appreciation and income through investing primarily in listed and unlisted equities in the services and telecommunications sectors in Kuwait and the Arab region, which abide by Islamic Sharia.

Fund Features

Only sharia compliant fund in Kuwait that invests across a broad spectrum of services. Due to the nature of its investment universe and our selection criteria, the fund usually demonstrates defensive traits and offers good diversification benefits in an otherwise pro cyclical macro environment. The fund historically has offered generous cash dividends to its unit holders and has a diversified shareholder base including corporates and retail investors.

Top 5 Holdings

Etihad Etisalat Co.

Saudi Telecom Co.

Dr. Sulaiman Al Habib Medical Services Group

Agility Public Warehousing

Abu Dhabi National Oil Company for Distribution PJSC

How To Subscribe And Redeem

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.

Fund Name

Zajil Services & Telecommunications Fund

Subscription and Redemption
Monthly Subscription / Redemption Fee = 0.5%
Fund Manager
National Investments Company
Management Fee
1% per annum
Term of the Fund
10 years, renewable
Performance Fee
Only 20% of the amount by which the annualized rate of return exceeds 10%
Fund Capital
KWD 5 to 100 million
Net Asset Value
Calculated on the last trading day of every month
Paid Up Capital
KWD 11,674,747
Dividends
Quarterly or Annually
Asset Value
KWD 11,566,377
Registrar
Kuwait Clearing Company
Base Currency
Kuwaiti Dinar
Custodian & Investment Controller
Kuwait Clearing Company
Nominal Value
KWD 1.000
Minimum Investment
1,000 Units
Auditors

Khaled Hasan Ibrahim Alahmed-ALSOOR Certified Public
Accountants
External Sharia Auditor

    • Osol for Sharia Advisory
  • NET ASSET VALUE

    KWD 0.6655

  • MONTH TO DATE RETURN

    1.12%

  • YEAR TO DATE RETURN

    (0.83%)

  • RETURN SINCE INCEPTION

    (4.49%)

  • GEOGRAPHIC FOCUS

    GCC and Arab

  • ASSET VALUE

    KWD 4,723,205

  • FUND STRUCTURE

    Open-Ended

  • NAV FREQUENCY

    Monthly

  • DIVIDEND SINCE INCEPTION

    CASH:23%
    BONUS:8%

As of March 31, 2024

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.

Sector Distribution

Geographical Distribution

 

How To Subscribe And Redeem

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.

Fund Name

Mawarid Industrial and Petroleum Services Fund
Subscription and Redemption
Monthly Subscription / Redemption Fee = 0.5%
Fund Manager
National Investments Company
Management Fee
1% per annum
Term of the Fund
10 years, renewable
Performance Fee
Only 20% of the amount by which the annualized rate of return exceeds 10%
Fund Capital
KWD 5 to 100 million
Net Asset Value
Calculated on the last trading day of every month
Paid Up Capital
KWD 7,325,898
Dividends
Quarterly or Annually
Asset Value
KWD 4,892,807
Registrar
Kuwait Clearing Company K.S.C
Base Currency
Kuwaiti Dinar
Custodian & Investment Controller
Kuwait Clearing Company K.S.C
Nominal Value
KWD 1.000
Minimum Investment
10,000 Units with increments of 1000 units
Auditors
Khaled Hasan Ibrahim Alahmed-ALSOOR Certified Public
Accountants
External Shari'a Auditor

Osol for Sharia Advisory

  • NET ASSET VALUE

    USD 1.1355

  • MONTH TO DATE RETURN

    2.92%

  • YEAR TO DATE RETURN

    0.78%

  • RETURN SINCE INCEPTION

    18.55%

  • GEOGRAPHIC FOCUS

    GCC

  • ASSET VALUE

    USD 36,074,906

  • FUND STRUCTURE

    Open-Ended

  • NAV FREQUENCY

    Monthly

  • DIVIDEND SINCE INCEPTION

    CASH:5%

As of March 31, 2024

Fund Objective

The primary objective of the fund is to seek long-term capital appreciation. The fund will aim to achieve this investment objective by investing in various equity securities listed on the stock markets of the GCC Region complying with the Shariah principles.

Fund Features

The fund holdings are diversified across different sectors and themes. Asset allocation and security selection is based on a stringent criterion that focuses on quality of earnings and valuation metrics. The fund has a diversified shareholder base including corporate and retail investors. The fund is denominated in USD and is established in the Kingdom of Bahrain.

Top 5 Holdings

Al Rajhi Bank

Kuwait Finance House

Industries Qatar

Emirates Telecom. Group Company (Etisalat Group) PJSC

Qatar Islamic Bank

 

Sector Distribution

Geographical Distribution

 

Fund Name
Al Mada Investment Fund
Subscription and Redemption
Monthly Subscription / Redemption Fee = 0.5%
Fund Manager
National Investments Company
Management Fee
1% per annum
Term of the Fund
Indefinite
Performance Fee
Only 20% of the amount by which the annualized rate of return exceeds 10%
Fund Capital
USD 20 to 300 million
Net Asset Value
Calculated on the last trading day of every month
Paid Up Capital
USD 32,300,979
Dividends
Dividends shall be paid at the discretion of the Fund Manager
Asset Value
USD 35,362,769
Custodian & Investment Controller
SICO Funds Services Company B.S.C.
Base Currency
US Dollar
Registrar
SICO Funds Services Company B.S.C.
Minimum Investment
5,000 Units
Nominal Value
USD 1.000
Islamic Shari'a Committee
Raqaba Global For Sharia Consultation Ltd.
Auditors
Ernst & Young, Bahrain
myNIC