KWD 62.96 Million

Net assets

KWD 5.44

NAV/Unit*

11.27 %

Year to date

*as of 24 Nov 2022

Fund Objective

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

Fund Performance

Fund price performance vs benchmark

Rebased @1 KWD since inception

Keyfacts

KWD 62.96 Million

Net assets

KWD 5.44

NAV/Unit

Open-ended

Type

Kuwait Financial Centre K.P.S.C.

Fund manager

Jun 2001

Fund inception

1.75% of net fund income

Managerment Fees

0.50%

Subscription fees

0.50%

Redemption fees

100 Units

Min. Subscription

Weekly

Fund valuation

Gulf Custody Company

Custodian

KPMG Safi Al-Mutawa & Parters

Auditors

  • KFH.KW
  • NBKK.KW
  • AUBK.KW
  • BOUK.KW
  • AGLT.KW
  • Industrials
    18.27%
  • Unquoted
    0.65%
  • System.Object
    1.59%
  • Basic Materials
    6.63%
  • Real Estate
    1.03%
  • Financial Services
    13.07%
  • Banking
    69.53%
  • Telcommunications
    10.21%
  • Insurance
    3.98%
  • Consumer Discretionary
    1.29%

Resources

Markaz MIDAF Fund - Factsheet as of 31 Oct 2022

Markaz MIDAF Fund - Factsheet Archive

Markaz MIDAF Fund - Articles of Association (A)

Markaz MIDAF Fund - Subscription Form

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

Abdullatif Al Nusif

Fund executive committee member

Abdullatif Al Nusif