KWD 92.73 Million

Net assets

KWD 6.77

NAV/Unit*

-1.16 %

Year to date

*as of 16 Jan 2025

Fund Objective

Achieve long-term capital appreciation by investing in blue-chip companies listed on Boursa Kuwait.

Fund Performance

Fund price performance vs benchmark

Rebased @1 KWD since inception

Benchmark changes:

• KIC Index since inception to 2012

• S&P Kuwait TR LCY from 2013

• S&P Kuwait Capped 10% TR LCY from 2014

• S&P Kuwait Domestic Liquid Capped Select Index TR KWD from June 2016

Keyfacts

KWD 92.73 Million

Net assets

KWD 6.77

NAV/Unit

Open-ended

Type

Kuwait Financial Centre K.P.S.C.

Fund manager

Dec 1999

Fund inception

1% of net fund income

Management Fees

15% of positive return above benchmark, capped at 1.5% of AUM p.a.

Incentive Fees

-

Subscription fees

-

Redemption fees

100 Units

Min. Subscription

Weekly

Fund valuation

Gulf Custody Company

Custodian

PricewaterhouseCoopers Al-Shatti &Co.

Auditors

Portfolio

  • KFH.KW
  • NBKK.KW
  • GBKK.KW
  • AGHC.KW
  • ZAIN.KW
  • Banking
    44.78%
  • Financial Services
    23.72%
  • Telcommunications
    8.00%
  • Insurance
    5.42%
  • Real Estate
    4.06%
  • Industrials
    10.53%
  • Consumer Discretionary
    2.63%

Resources

Markaz Mumtaz Fund - Factsheet as of 31 Dec 2024

Markaz Mumtaz Fund - Factsheet Archive

Markaz Mumtaz Fund - Articles of Association (A)

Markaz Mumtaz Fund - Subscription Form

Markaz Mumtaz Fund Appendix to Articles of Association

Fund Executive Committee Members

Ghazi Al Osaimi

Fund executive committee member

Ghazi Al Osaimi

Ahmed Al Shalfan

Fund executive committee member

Ahmed Al Shalfan

Fahad Al Rushaid

Fund executive committee member

Fahad Al Rushaid

Hamad Al Khudhair

Fund executive committee member

Hamad Al Khudhair