Fund Objective
• The Fund seeks to provide above average returns.
• Targets liquidity, capital gains and dividend
  distributions.
• Attempts to maintain lowest risk by lowering the
  correlation within the Fund holdings.
• Diversifying the Fund holdings between GCC
  countries taking in to account the market cap
  weightings of the respective Stock Exchanges
  and market conditions.

 Fund Strategy
• The Fund's assets will be invested mainly in stocks
  listed on the GCC Stock Exchanges.
• The Fund also invest in Money Market Funds as well
  as in equity linked instruments and in IPO's.
• Fund may not invest more than 25% of Fund's
  assets in any one country nor more than 10%
  of the assets in any single Stock.
• The Fund will invest in GCC Companies that fit the
  following criteria :
• Steady growth in revenues
• Strong operational income
• Strong balance sheets
• Attractive P/E & P/BV ratios  

Fund Description
• Life of the Fund is 10 years. Capital range is
  KD 5 Million to KD 100 Million.
• Minimum Subscription is 500 Units.

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

Fees
• Subscription fees 1%
• No redemption fees
• Management fees 1.5% p.a.
• Custody fees 0.125% 
 

Subscription/Redemption
• Subscription/Redemption is available monthly,
  on the last Wednesday of each month.

• Subscription & Redemption application must be submitted 7 working days prior to NAV Day not later than 1 p.m.