KWD 54.04 Million

Net assets

KWD 1.7

NAV/Unit*

3.6 %

Year to date

*as of 31 Mar 2024

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 54.04 Million

Net assets

KWD 1.7

NAV/Unit

Open-ended

Type

Kuwait Financial Centre K.P.S.C.

Fund manager

Nov 2003

Fund inception

1.625% of net fund income

Management Fees

0.50%

Subscription fees

0.50%

Redemption fees

100 Units

Min. Subscription

Monthly

Fund valuation

Gulf Custody Company

Custodian

KPMG Safi Al-Mutawa & Parters

Auditors

Portfolio

  • NBKK.KW
  • KFH.KW
  • AUBK.KW
  • AGHC.KW
  • MABK.KW
  • Telcommunications
    8.14%
  • Unquoted
    0.95%
  • System.Object
    0.04%
  • Basic Materials
    5.11%
  • Financial Services
    22.45%
  • Industrials
    13.99%
  • Banking
    60.05%
  • Consumer Discretionary
    1.23%
  • Real Estate
    11.54%
  • Consumer Staples
    0.75%
  • Insurance
    2.17%

Resources

Forsa Financial Fund - Factsheet as of 31 Mar 2024

Forsa Financial Fund - Factsheet Archive

Forsa Financial Fund - Fund Subscription Form

Forsa Financial Fund - Articles of Association (A)

Forsa Financial 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