Fund Description
• Life of the Fund is 10 years; with a
  KD 5 to 200 Million Capital Range.
• Minimum Subscription 500 Units;
  Maximum Subscription 50%
  of the total number of issued 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%
• Custody fees 0.125%   

Subscription/Redemption
• Subscription/Redemption shall take place on Thursdays every two weeks.

• Subscription applications can be submitted up to Thursday (NAV Day) not later than 1 p.m.

• Redemption applications must be submitted 7 working days prior to (NAV Day). 

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

Benchmark
• Global Kuwait Only Index
• KIC Kuwait Only Index