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Markaz Fixed Income Fund (KFCFIXE.MF)

NAV 11.592USD 0.023-0.200%
Also known as: Markaz Fixed Income Fund|As of 17 May 2018

Fund Facts

StatusActive
Asset Type Bond
Geographic FocusGCC
DomicileKuwait
Lipper GlobalBond USD High Yield
StructureKW - Close-ended Fund
Inception DateDecember 2010
CurrencyUSD
Fund Size18,658,119 USD
NAV FrequencyPricing Weekly on Thursday
AdministratorKuwait Financial Centre K.P.S.C.
Sponsor Kuwait Financial Centre
Kuwait Financial Centre K.P.S.C.
Fund ManagerKuwait Financial Centre K.P.S.C.
Investment AdvisorKuwait Financial Centre K.P.S.C.

Fund Returns

1 Month-.398%
3 Months-.679%
YTD*-.509%
1 YearGet Lipper
3 YearsGet Lipper
5 YearsGet Lipper
Since InceptionGet Lipper

Ratios

Beta0.274
Alpha-0.146
Sharpe Ratio-0.280
Information RatioGet Lipper
Annusalised Standard DeviationGet Lipper

Investment Strategy

The objective of the Fund is to provide investors steady return with reduced risks by investing in high grade, high quality Bonds and Sukuk issued or guaranteed by sovereign, quasi sovereign institutions and highly rated corporations, in the Gulf Cooperation Council (GCC) countries in particular and Middle East and North Africa (MENA) countries to a lesser degree.L ife of the fund is 5 years and can be extendable to similar terms.

Fund Performance

NAV (SAR)
11.592
Change
0.023 (-0.200%)
Previous Close
11.570
12 Months High
11.680
12 Months Low
11.511

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