Boubyan Multi Asset Holding Fund
Fund Objective
The fund aims to achieve a return on the money invested in a manner consistent with the provisions of Islamic Shariah, through pooling funds from investors in order to invest on their behalf in other Islamic investment funds, licensed and monitored by the official supervisory authorities in the country of origin.
Executive Committee
- Badria Hamad Al Humaidhi
- Asok Kumar Ayinikkal
- Mohammad Mane Alajmi
- Omar Abdulaziz AlRasheed
Net Asset Value (NAV): USD 10.8539
| Performance (as of 25-March-2024) | |
| Cumulative 1 Week Return | 0.57% |
| Cumulative MTD Return | 1.48% |
| Cumulative 1 Month Return | 1.52% |
| Cumulative YTD Return | 1.97% |
| Cumulative 1 Year Return | 8.65% |
| Cumulative Return Since Inception (26/04/2016) | 34.48% |
| Annualized Return Since Inception (26/04/2016) | 4.29% |
| Note: Above returns are inclusive of Share dividend distributed | |
Monthly Report
Monthly Commentary
Subscription Form
Articles of Association
Fund Strategy
Investing in Islamic funds of diversified assets, short and medium term cash instruments, Wakala deposits and Murabaha with banks. The fund may also invest in other investment funds with similar investment objectives, with the possibility of subscribing and redeeming weekly.
Why invest in the Boubyan Multi Asset Holding Fund?
- Invest in US Dollars
- Invest in local and international Islamic investment funds
- Invest in different asset classes
- Invest in different sectors
- Shariah-Compliant investment
- Weekly subscriptions and redemptions
- The Fund serves investors with a long-term investment strategy
Fund Facts
| Fund structure | Open-ended |
| Fund type | Fund of Funds, which aims to invest in other licensed funds |
| Currency | US Dollar |
| Liquidity | Weekly |
| Capital | Variable (from USD 18 million to 1,000 million) |
| NAV calculation date | End of every month |
| Minimum subscription | USD 5,000 with any additional amount thereafter |
| Subscription fees | None |
| Redemption fees | None |
| Management fees | 1% of the Net Asset Value |
| Performance fees | None |
| Fund manager | Boubyan Capital Investment Company K.S.C.C. |
| Sub-manager | Franklin Templeton Investments (UK) |
| Distributor | Boubyan Bank K.S.C. |
| Custodian & investment controller | Gulf Custody Company K.S.C.C. |
| Shari'a auditor | Al-Mashora & Al-Raya for Islamic Financial Consulting |
| Auditor | KPMG Safi Al-Mutawa & Partners |