Forsa Financial Fund
Equity | Nov 2003
Fund Objective
The fund aims to achieve stable returns with low volatility by investing in the shares of companies listed on Boursa Kuwait, issuing and selling derivative instruments (Call Options) on Boursa Kuwait listed stocks.
Fund Performance
Fund price performance
Rebased @1 KWD since inception
Keyfacts
KWD 69.44 Million
Net assets
KWD 2.18
NAV/Unit
Open-ended
Type
Kuwait Financial Centre K.P.S.C.
Fund manager
Nov 2003
Fund inception
1.625% of net asset value
Management Fees
0.50%
Subscription fees
0.50%
Redemption fees
100 Units
Min. Subscription
Monthly
Fund valuation
Gulf Custody Company
Custodian
Grant Thornton Al-Qatami, Al-Aiban & Partners
Auditors
Portfolio
- GBKK.KW
- NBKK.KW
- KFH.KW
- AGHC.KW
- BOUK.KW
-
Banking45.19%
-
Financial Services21.15%
-
Real Estate13.48%
-
Industrials9.11%
-
Insurance2.16%
-
Energy1.63%
-
Consumer Discretionary4.38%
-
Telcommunications1.47%
-
Basic Materials0.59%
-
Consumer Staples0.22%
Fund Executive Committee Members
Ghazi Al Osaimi
Fund executive committee member
Ahmed Al Shalfan
Fund executive committee member
Hamad Al Khudair
Fund executive committee member
Mohammed AlGhannam
Fund executive committee member
