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Al Dar Money Market Fund DARINVS.MF  بالعربية

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Shariah Compliant |  NAV 0.892 KWD   + 0.001  + 0.163%  (06 May 2013)

Fund Facts

Objective To achieve financial returns competitive with the conventional short and medium-term financial instruments available in the Kuwaiti market
Asset Type Money Market
Geographic Focus Kuwait
Currency KWD
Structure Open - Ended
Inception Date April  2004
NAV Frequency Weekly
Fund Manager Al Dar Asset Management Company
Domicile Kuwait
Eligibility Open to all investors
Zawya Code Zawya Code DARINVS.MF
Min. Subscription  (3,000 units)

Investment Strategy

The fund's assets will be invested mainly in Shariah compliant financial instruments available in the Kuwaiti market such as Sukuk, Mudarabah, Islamic bonds issued by institutions, banks or companies.

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FUND PERFORMANCE

NAV (KWD) 06 May 2013

0.892
YTD* + 3.018%
Since Inception - 10.774%
Change + 0.001 ( 0.163%)
Previous Close 29 Apr 2013 0.891
12 Months High 25 Jun 2012 1.243
12 Months Low 23 Jul 2012 0.833
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