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Tijari India Fund was launched in January 2007. Provides an opportunity to investors to participate and benefit from the booming Indian economy. In an innovative diversification mode, this Fund invests in other Funds that invest in Indian Equity markets.

 

Inception Date Net Asset Value Per Unit (KD) As of Return Since Inception Year to Date Fund Size (KD)
30/01/2007 0.765 11-05-09 -23.50% 9.60% 4.6 M
                       

 


  

Fund Objective
• To achieve superior returns over the medium
   to longer term horizon. 
 


 Fund Strategy
• The Fund are invested its assets in indian equity
   markets
• Available surplus cash is invested in all type
  of liquid Money Market instruments.
 


 Fund Description
• Open-ended Fund.
• Life of the Fund is 10 years.
• Fund's capital will be in the range of
  KD 5 Million to KD 100 Million.
• Minimum subscription is 500 Units
  (and in multiples of 100 units thereafter).


 Client Assurance
• CBK will maintain a minimum 5% investment in the
  Fund at all times.


Fees
• Subscription fees : 1.00%
• Redemption fees : 0.25%
• Management fees : 1.50%
• Custody fees : 0.10% 
   


 Subscription/Redemption
• Weekly Subscription; applications can be submitted
  up to Monday (NAV Day) not later than 1 PM.
• Redemption is available twice a month.
  (on 2nd and 4th Monday). Redemption applications
  must be submitted 7 working days prior to
  prescribed day.


Target Clients
• The Fund is open to all Kuwaiti nationals, Expatriates,Corporations and Institutions.


 

 

  
 

 

 

 

  

 Fund Manager Commercial Bank of Kuwait
 Custodian Gulf Custody Company
 Selling Agent Commercial Bank of Kuwait
 Auditors

Bader & Co. Pricewaterhousecoopers

 

 


 


  


 

Monthly Fact Sheets
March 2009
February 2009
 
 

 

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