Tharwa Islamic Fund Report - March 2018

Transcription

1. Tharwa TharwaIslamic IslamicFund Fund Monthly Report Report Monthly Aug March 2007 2018 Fund NAV & Performance 0.625 MTD 1.27% No. of Units 3,883,000 YTD 3.34% Net Assets 2,425,584 ITD -37.53% N A V KWD Key Facts Fund Duration : 15 Years Fund Capital : 5 to 100 million KD Fund Manager : Tharwa Investment Co. Year Custodian : Kuwait Clearing Co. 2014 Financial Auditor : BDO Al Nisf & Partners Sharia Supervisory Dar Al-Raqaba Authorities: Minimum Investment : 1,000 Units Additional Investment : 1 Unit Fund Currency : Kuwaiti Dinar Entry ( Subscription) : Weekly Feb Mar Apr May 1.57% 1.56% 0.82% 2.60% 2015 1.99% 3.85% -4.03% 2016 -8.05% 4.66% June* July Aug Sep Oct Nov -3.44% -5.91% 8.12% 8.32% -0.39% -7.47% -8.07% -5.86% 8.72% -2.06% -2.56% 0.21% -12.19% -1.82% -3.55% -5.22% -2.49% -18.77% 4.15% 5.06% -2.30% 1.27% 3.78% -0.41% -2.43% -2.25% -2.14% 3.07% 3.59% 2017 3.96% -3.38% -2.25% -0.27% 2.00% 0.86% 3.93% 1.43% 2.53% 2018 4.32% -2.19% 5.01% -1.33% -3.29% -3.66% Dec 1.27% 3.34% NAV Cumulative Return - Since Inception Weekly 50% 0.250 % 40% Redemption Fee : 0.250 % Geographical Diversification 20% Management Fee : 1.750% 10% Custodian Fee : 0.125% Saudi Arabia 29.37% 30% UAE 23.16% Mar-18 May-17 Jul-16 Sep-15 Nov-14 Jan-14 Mar-13 May-12 Jul-11 Sep-10 Nov-09 -30% Jan-09 Khaled A. Al-Fares Mar-08 -20% May-07 0% -10% Sami I. Al-Hasawi -40% Fund Objectives To obtain high returns with minimum risk, through investing in Companies listed on the Kuwait and GCC Markets and whose activities or dealings does not conflict with the regulations and controls of the Islamic Sharia. Further, to invest surplus funds in Murabaha with certified Islamic Banks and Institutions and ensuring that all transactions of the Fund are in compliance with the rules of the Islamic Sharia in accordance with the instructions of the Sharia Supervisory Authorities -50% Kuwait 41.89% -60% Sector Diversification QTR 5.58% Top Five Holding Country 1- Bobyan Petrochemicals Co. Kuwait Contact Details 2-Agility Kuwait Tharwa Investment Company Tel.: +965 222 43 000 Fax : +965 222 43 098 3- Alinma Bank Saudi 4-Al-Rajhi Banking Saudi 5- Dubai Islamic Bank UAE Follow Us -9.43% 60% Subscription Fee : Abdullatif Al-Muzaini YTD * Fund Started on 22 June 2007 Exit ( Redemption) : Fund Directors : Jan Banks 58.9% Real Estate 10.2% Industry 14.7% Services 14.6% Cash 1.6%
2. Tharwa Investment Co . ‫تنويه‬ ‫وفي‬. ‫ وهذا التقرير ليس دعوة لالشتراك في أي من وحدات الصناديق االستثمارية أو أي من استراتيجياتها‬.‫تم إعداد هذا التقرير ألغراض المعلومات العامة وبغرض توزيعها لذات الغرض‬ ‫ على المستثمرين الراغبين في االستثمار في الصندوق أن يقوموا بشكل دائم وبعناية تامة بمراجعة الوثائق التي تحكم عمل الصندوق ) نشرة اإلصدار و النظام األساسي‬،‫جميع األحوال‬ ‫ كما عليهم أن يراجعوا أداء الصندوق‬،‫للصندوق (والتي تحتوي على المعلومات المتعلقة بأهداف االستثمار والعمليات والقواعد المطبقة بشأن الضرائب والرسوم والنفقات ومخاطر االستثمار‬ .‫طيلة فترة استثمارهم فيه‬ ‫ وثروة تخلي مسؤوليتها عن تلك االخطاء السالفة البيان في حال‬، ‫والمعلومات المستخدمة في هذا التقرير قد تكون عرضة لألخطاء الفنية أو االخطاء المادية المطبعية الخارجة عن السيطرة‬ . ‫ورودها بالتقرير‬ Disclaimer This report is prepared for general circulation and is circulated for general information only. This report is not an invitation to subscribe to units of any investment fund therein. At all times prospective investors considering an investment in a fund or program should carefully review fund’s governing documents )Fund`s Prospectus and Article of Association) describing the investment goals approach, operations, applicability of taxes, fees, expenses, risks of investing and review the fund’s or program’s performance over time. The information used in this report may be subject to technical or typographical errors beyond our reasonable control, Tharwa disclaims any responsibility in all those errors above in the report received Tharwa Investment Co. Al-Sharq, Arraya Tower, Abdulaziz Hamad AlSaqer St., P.O. Box 811 Safat, 13009 Kuwait