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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. fund fund

 

Executive Committee

  1. Badria Hamad Al Humaidhi
  2. Asok Kumar Ayinikkal
  3. Ali Habeeb Atesh
  4. Mohammad Mane Alajmi

 

Net Asset Value (NAV): USD 10.8671

Performance (as of 06-July-2021)
Annualized 1 Week Return 0.500%
Annualized 1 Month Return 0.490%
Annualized 3 Months Return 0.450%
Annualized 6 Months Return 0.431%
12 Months Return 0.627%
Annualized YTD Return 0.434%
Cumulative YTD Return 0.226%
Annualized Return Since Inception (22/05/2014) 1.200%
Cumulative Return Since Inception (22/05/2014) 8.671%
Monthly Report
Subscription Form
Articles of Association

Fund Strategy

An open-end fund that allows entry and exit of investors with the aim of realizing competitive returns.

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 18 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 Al-Mashora & Al-Raya for Islamic Financial Consulting
Auditor Ernst & Young