Global 10 Large Cap Index Fund

Fund Summary

Fund Structure: 
Open Ended
Launch Date: 
Nov, 2000
Domicile: 
KUWAIT
Geographic Focus: 
Kuwait
Currency: 
KUWAITI DINAR (KWD)
NAV Frequency: 
Weekly
Benchmark: 
S & P Global 10 Large Cap index
Custodian: 
Kuwait Clearing Company K.S.C.
Auditors: 
Deloitte & Touche Al-Wazzan & Co.
Regulator: 
Capital Markets Authority, Kuwait

Fund Objective & Strategy

The Fund seeks to track the performance of the S&P 10 Large Cap Index by investing in the 10 largest companies by market capitalization listed on the Kuwait Stock Exchange

Performance

Performance as at Sep-2017.

 

YTD

1 Year

3 Years

5 Years

Since Inception

Fund

20.50%

30.90%

-7.94%

-0.56%

289.62%

Index

17.37%

27.83%

-17.24%

-15.47%

153.76%

Net Asset Value (NAV)

NAV Date: 
19 October 2017
Fund NAV: 
1.309796

Past performance is not a guide to future returns. All the information contained in this document is believed to be reliable but may be inaccurate or incomplete. A full explanation of the characteristics of the investment is given in the prospectus. Any opinions stated are honestly held but are not guaranteed. The outlook expressed in this fact sheet represents the views of the fund manager at the time of preparation and are not necessarily those of the Global Investment House as a whole. They may be subject to change and should not be interpreted as investment advice. The document is meant for financial promotion and does not provide you with all the facts you need to make an informed decision about investing and hence is not intended to constitute investment advice. The information provided should not be considered as a recommendation or solicitation to purchase, sell or hold these securities. It should also not be assumed that any investment in these securities was or will be, profitable.