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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.

 

Executive Committee

  1. Badria Hamad Al Humaidhi
  2. Asok Kumar Ayinikkal
  3. Mohammad Mane Alajmi
  4. Omar Abdulaziz AlRasheed
  5. Abdulmohsen Sameer Al Gharaballi

 

Net Asset Value (NAV): USD 11.9206

Performance (as of 29-October-2024)
Annualized 1 Week Return 4.500%
Annualized 1 Month Return 4.506%
Annualized 3 Months Return 4.524%
Annualized 6 Months Return 4.550%
Annualized YTD Return 4.584%
Annualized Return Since Inception (22/05/2014) 1.813%
Cumulative YTD Return 3.858%
Cumulative 1 Year Return 4.643%
Cumulative 2 Years Return 8.389%
Cumulative 3 Years Return 9.494%
Cumulative 5 Years Return 11.750%
Cumulative Return Since Inception (22/05/2014) 19.206%
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