My Tools

  • Loans Calculator

    Calculate the loan amount you can borrow or alternatively, the monthly payments you can afford.

    How much can i... borrow afford
    KD

    You can borrow only a maximum amount of.

    Calculate

    Rate of interest is 5.0% pa.

    KD
    KD
    24 Months

    Adjust repayment tenure to change EMI

    This is for demonstrative purpose only. Call 1801801 or visit a branch for exact calculations.

  • Term Deposit Calculator

    This is for demonstrative purposes only. Call 1801801 or visit a branch for exact calculations.

  • I would like to apply
  • Branch / ATM Locator
  • Al Jawhara

    Al Jawhara, Kuwait's Best Prize!

    KD
    Calculate

    The minimum deposit is KD 50 and for 1 month. Terms & conditions apply.

  • Weather

    oC Feels like
    oC

    Humidity %
    Wind From
    Wind Speed kph
    Sunrise
    Sunset
    Updated:
  • Prayer Timings

    Kuwait Prayer Times
    Tuesday,September 30,2014

    • Fajr 04:20 AM
    • Sunrise 05:40 AM
    • Dhuhr 11:39 AM
    • Asr 03:03 PM
    • Maghrib 05:36 PM
    • Isha 07:06 PM
  • Ask a Question
  • Market Indices
    Price: 980-10
    Open: 990High: 990
    Low: 980Close: 980
    Volume: 5,242,468
    • Summary
      StatusIndexChange %Volume
      Market Closed6446.80 242,424,960
    • Top Gainers

      Company Chg. % Cur. Price
      PAPCO9.43116
      ARKAN6.67128
      KCIC6.6764
      SECH5.5695
      KAMCO5.26120
      ALSHAMEL5.26100
      NAPESCO5.08620
      GFC3.9579
      GFH3.9539.50
      NICBM3.85216
    • Top Losers
      Company Chg. % Cur. Price
      KCIN-13.851120
      KSHC-7.1432.50
      AMAR-6.2560
      TAHSSILAT-6.0278
      AJWAN-5.8181
      MADAR-3.7751
      FUTUREKID-3.64106
      BIIHC-3.1991
      PEARL-2.9416.50
      INJAZZAT-2.4480
    • By Volume
      Company Volume Price
      ITHMR`R42,008,90956
      GFH`R17,286,14539.50
      ALMAL`R13,548,31054
      SECH`R11,012,17495
      COAST`R10,616,36682
      BAYANINV`R7,673,83190
      ALMADINA`R7,337,80739
      MAYADEEN`R6,740,61254
      MANAZEL`R6,493,35563
      ALDEERA`R5,938,02524.50
  • Currency Converter

    Error: Generic error message here.

    10000

    Click here to view the Currency Rates

Islamic Global Real Estate Securities Fund - Class A

Overview

Objective

The objective of the Fund is to provide its shareholders with long-term growth through investing in a diversified portfolio of global real estate securities. The fund offers two Portfolios:

- Class A Portfolio:
The Class A Portfolio of the Fund will invest substantially all of its assets in the Class A Portfolio of the Wafra-Pramerica Fund. Class A Portfolio of the Wafra-Pramerica Fund may incur Portfolio Leverage on a Shariah compliant basis. Such Portfolio Leverage would be in addition to any Property Leverage affecting the entities in which the Wafra-Pramerica Fund invests.

The two portfolios of the Wafra-Pramerica Fund will seek to make investments in a diversified portfolio of real estate securities in compliance with the Shariah Criteria. Real estate securities include securities of real estate investment, development and operating companies, including real estate investment trusts, and the securities of companies providing management and investment advisory services to real estate investment, development and operating companies.

Fund Features

  • Well diversified Global Real Estate Securities
  • Monthly liquidity
  • Two different Classes of Shares
  • All Investments are in accordance with the Islamic Shariah Principles
Performance As of 31 August 2014Class A
Cumulative Returns since Inception

9.81%

Annualized Returns since Inception1.49%
YTD Returns14.09%
1 Month Return2.14%
3 Months Return3.93%
6 Months Return8.73%
1 Year Returns13.95%
2 Year Returns (annualized)4.62%
3 Year Returns (annualized)6.41%
5 Year Returns (annualized)10.85%

Risk Level

 

Got Questions?

 

Send to a Friend Print this page

Send to a Friend