Global Al-Mamoun Fund

Fund Summary

Fund Structure: 
Open Ended
Launch Date: 
Feb, 2001
Domicile: 
KUWAIT
Geographic Focus: 
Kuwait
Currency: 
KUWAITI DINAR (KWD)
NAV Frequency: 
Weekly
Benchmark: 
S & P Global Mamoun index
Custodian: 
Gulf Custody Company, Kuwait
Auditors: 
Deloitte & Touche Al-Wazzan & Co.
Regulator: 
Capital Markets Authority, Kuwait

Fund Objective & Strategy

The fund seeks to achieve long-term capital appreciation by investing in a diversified portfolio of stocks listed on the Kuwait Stock Exchange

The investment process is based on a bottom-up stock selection methodology along with a macroeconomic overlay to identify growth opportunities in Kuwait

The fund invests in multiple sectors and growth/value categories

Performance

Performance as at Oct-2017.

 

YTD

1 Year

3 Years

5 Years

Since Inception

Fund

5.00%

7.06%

1.13%

9.43%

101.01%

Index

10.95%

19.21%

-13.02%

-8.66%

122.40%

Net Asset Value (NAV)

NAV Date: 
16 November 2017
Fund NAV: 
0.660479

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.