Boubyan KD Money Market Fund II
Fund Objective
Providing Shariah-Compliant competitive returns as the Fund seeks to increase the Net Asset Value while realizing a high liquidity level.
Executive Committee
- Badria Hamad Al Humaidhi
- Asok Kumar Ayinikkal
- Mohammad Mane Alajmi
- Abdulmohsen Sameer Al Gharaballi
Net Asset Value (NAV): KWD 1.30224
|
Performance (as of 03- November-2026) |
|
|
Annualized 1 Week Return |
4.000% |
|
Annualized 1 Month Return |
3.954% |
|
Annualized 3 Months Return |
3.855% |
|
Annualized 6 Months Return |
3.829% |
|
Annualized YTD Return |
3.835% |
|
Annualized Return Since Inception (03-08-2016) |
2.947% |
|
Cumulative YTD Return |
3.226% |
|
Cumulative 1 Year Return |
3.832% |
|
Cumulative 2 Years Return |
7.760% |
|
Cumulative 3 Years Return |
12.246% |
|
Cumulative 5 Years Return |
18.760% |
|
Cumulative Return Since Inception (03-08-2016) |
30.224% |
Fund Strategy
The fund will invest in short and medium term Shariah-Compliant instruments, Wakalah and Murabaha deposits with banks, and high quality government and/or corporate Sukuk. The fund may also invest in other investment funds that have a similar investment objective.
Why invest in the Boubyan KD Money Market Fund II?
- Potential returns higher than one month KD fixed deposit rate.
- High quality and low risk investments.
- Flexible online subscriptions and redemptions
- Weekly liquidity
Fund Facts
| Fund structure | Open-ended |
| Fund type | Money market fund |
| Currency | Kuwaiti Dinar |
| Liquidity | Weekly |
| Capital | Variable (from KD 2 Million to 1.5 Billon) |
| Minimum subscription | KD 1,000 with any additional amount thereafter |
| Subscription fees | None |
| Redemption fees | None |
| Management fees | Up to 1% of the Net Asset Value |
| Performance fees | None |
| Fund manager | Boubyan Capital Investment Company K.S.C.C. |
| 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 |