Boubyan USD Liquidity Fund
As of 28/7/2015, the par value of the fund’s units have been adjusted from USD100/unit to USD10/unit. This change did not affect total value.
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
- Omar Abdulaziz AlRasheed
- Abdulmohsen Sameer Al Gharaballi
Net Asset Value (NAV): USD 11.9606
| Performance (as of 26-November-2024) | |
| Annualized 1 Week Return | 4.250% |
| Annualized 1 Month Return | 4.318% |
| Annualized 3 Months Return | 4.466% |
| Annualized 6 Months Return | 4.520% |
| Annualized YTD Return | 4.576% |
| Annualized Return Since Inception (22/05/2014) | 1.838% |
| Cumulative YTD Return | 4.207% |
| Cumulative 1 Year Return | 4.638% |
| Cumulative 2 Years Return | 8.535% |
| Cumulative 3 Years Return | 9.814% |
| Cumulative 5 Years Return | 11.935% |
| Cumulative Return Since Inception (22/05/2014) | 19.606% |
Monthly Report
Subscription Form
Articles of Association
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 USD Liquidity Fund?
- Potential returns higher than one month USD fixed deposit rate.
- High quality and low risk investments.
- Flexible online subscriptions and redemptions
- Weekly liquidity
Fund Facts
| Fund structure | Open-ended |
| Currency | US Dollar |
| Capital | Variable (from USD 7 million to 360 million) |
| Minimum subscription | USD 1,000 |
| Subscription fees | None |
| Management fees | Up to 1% per annum |
| Fund manager | Boubyan Capital Investment Company K.S.C.C. |
| Promoter | Boubyan Bank K.S.C. |
| Custodian & investment controller | Gulf Custody Company K.S.C.C. |
| Shari'a auditor | Shura Sharia Consultancy |
| Auditor | Ernst & Young |