• NET ASSET VALUE (NAV)

    NAV Date

    Next NAV Valuation

    NAV Value

    1.000 KWD
    • PERFORMANCE
    • ALLOCATION
    • MANAGEMENT
    • FUND OVERVIEW
    • FUND OBJECTIVES
    • FACT SHEETS
    • LITERATURE
    • SUBSCRIPTION FORM
    • REDEMPTION FORM
    • CHART
    • TABLE

    EARLY PERFORMANCE ENDING 31st DECEMBER 2020

    ________ Fund ________ Benchmark ________ Difference

    EARLY PERFORMANCE ENDING 31st DECEMBER 2020

    2014 2015 2016 2017 2018 2019 2020
    Fund
    Benchmark
    Difference
    • TOP 5 HOLDINGS
    • SECTOR ALLOCATIONS
    • COUNTRY ALLOCATIONS
    • TARIK JERKHI

      TARIK JERKHI

      SENIOR VICE PRESIDENT

      Mr. Jerkhi has over 18 years of proven experience in the Investment sector. As Senior Vice President of Asset Management Division, he is directly managing Al Ritaj’s investments locally, GCC and internationally.

    • NOURA AL SHAMS

      NOURA AL SHAMS

      ASSISTANT VICE PRESIDENT

      Ms. Al Shams is the Assistant Vice President in the Asset Management Division – Regional Markets. She has over 8 years of Investment experience in GCC Markets. Her core experience lies in Wealth Management, Corporate Banking, GCC Capital Markets, Investment Relations, Real Estate Management, and Government bids and tenders.

    Fund Manager: Al Ritaj Investment Company - K.S.C. K.S.C.C.
    Fund Structure: Open-ended
    Asset Class: Equity
    Liquidity: Weekly
    Domicile: Kuwait
    Fund Size: KWD 5 – 50 mn
    Geographic Focus: GCC Markets
    Base Currency: Kuwait Dinar (KWD)
    Initial Investment: KWD 1.000
    Subsequent Investment: At NAV Valuation
    Valuation Frequency: Weekly
    Subscription: 2%
    Management: 1% p.a.
    Custodian: 0.15% p.a.
    Performance: 15% over 15% p.a.
    Redemption: None
    Redemption Frequency: Weekly
    Custodian & Investment Controller: Kuwait Clearing Company
    Auditors: Deloitte & Touche

     

    The Fund seeks long-term capital appreciation by investing in the stock of companies in the Gulf Cooperation Council. The Fund will follow an active management strategy of allocating its investments between the various markets in the GCC. The Fund’s objective is to achieve optimal returns over the long term by reducing the risk that comes from investing in equity markets of the GCC. Allocation among the various markets in the GCC will contribute towards achieving this objective, and also with investing in other investment funds, based on the investment expectations and strategy of the Fund Manager.

      Fact Sheets will be available on the next NAV valuation date