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Al-Safat Local Shares Equity (SAFLSEF.IF)

NAV 0.098KWD -0.0043.830%
Also known as: Al-Safat Local Shares Equity|Shariah Compliant|As of 30 Nov 2015

Fund Facts

StatusActive
Asset Type Equity
Geographic FocusKuwait
DomicileKuwait
Lipper GlobalEquity Kuwait
StructureKW - Open-ended Fund
Inception DateOctober 2007
CurrencyKWD
Fund Size2,329,767 KWD
NAV FrequencyPricing Monthly, 1 time at end
AdministratorAl Safat Investment Company K.S.C.
SponsorAl Safat Investment Company K.S.C.
Fund ManagerAl Safat Investment Company K.S.C.
Investment AdvisorAl Safat Investment Company K.S.C.

Fund Returns

1 Month.000%
3 Months.825%
YTD*-24.420%
1 YearGet Lipper
3 YearsGet Lipper
5 YearsGet Lipper
Since InceptionGet Lipper

Ratios

Beta0.615
Alpha-1.087
Sharpe Ratio-0.544
Information RatioGet Lipper
Annusalised Standard DeviationGet Lipper

Investment Strategy

The fund aims at achieving capital growth by investing its assets in selected shares of listed kuwaiti companies in the Kuwait stock exchange and as well non listed. The fund shall invest the surplus of the available funds in suitable financial instruments that are not for financing purposes. All investments shall be made in accordance to Islamic Sharia Standards as dictated by the Shariah Board.Shariah Panel: Al.Rayah Int`l Consulting & Training.

Fund Performance

NAV (SAR)
0.098
Change
-0.004 (3.830%)
Previous Close
0.102
12 Months High
0.139
12 Months Low
0.097

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