Ahli Capital KD Money Market Fund

Fund Overview

The Fund seeks to invest in money market instruments to increase its net asset value, maintain a high level of liquidity, and provide attractive returns compared to similar investments. The Fund seeks to provide enhanced returns compared to KD fixed deposits while maintaining weekly liquidity.

Fund Objective

The Fund’s strategy is to invest in money market instruments such as bank deposits, Sukuk and/or bonds issued by the governments of the Gulf Cooperation Council countries or issued under their guarantee, any bonds and/or Sukuk that are BBB rated or better, and other money market funds.
Fund Type Money Market Fund
Fund Structure Open-Ended
Risk Categorization Open-Ended
Currency KWD
Subscription/Redemption Weekly
Minimum Subscription KD 1,000
Inception Date October 2024
Fund Manager Ahli Capital Investment Company K.S.C.C.
Custodian & Investment Controller Kuwait International Trustee Company K.S.C.C
External Auditor Deloitte & Touche Al Wazzan & Co
Bader A. Al-Wazzan
Subscription Fee None
Management Fee Up to 1%
Committee
  • Rajesh George
  • Wajih Al-Boustany
  • Ali Atesh
  • Talal Al-Othman
  • Khaled Al-Duaij