News

7 March 2019

New Investment strategy for Global 10 Large Cap Index Fund

Following the outstanding performance of Global 10 Large Cap Index Fund since its inception in 2000, reporting returns of 329.9% compared to 177.8% for the index, and to take advantage of developments in Boursa Kuwait, the Fund's investment strategy has been amended effective 10th of March 2019.

Instead of tracking the performance of S&P 10 large cap index, the fund will track the performance of the Premier Market Index which includes more companies with high levels of liquidity, market capitalization and transparency. Accordingly, the Fund's name has been changed to “Global Premier Market Index Fund".

 

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