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
- Badria Hamad Al Humaidhi
- Hadi Oussama Salame
- Asok Kumar Ayinikkal
- Ali Habeeb Atesh
Net Asset Value (NAV): USD 10.8086
| Performance (as of 04-Aug-2020) | |
| Annualized 1 Week Return | 1.000% |
| Annualized 1 Month Return | 1.100% |
| Annualized 3 Months Return | 1.290% |
| Annualized 6 Months Return | 1.505% |
| 12 Months Return | 1.905% |
| Annualized YTD Return | 1.575% |
| Cumulative YTD Return | 0.949% |
| Annualized Return Since Inception (22-05-2014) | 1.285% |
| Cumulative Return Since Inception (22-05-2014) | 8.086% |
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 |