Al Dar Real Estate Fund

Al Dar Real Estate Fund
  • Characterized geographic distribution of assets
  • Return exceeding the similar local real estate Funds' performance
  • Excellent mean for investing in the real estate sector
  • The Fund aims at investing the Fund capital in the shares of listed and non-listed companies in the stock exchange market, inside the State of Kuwait and the GCC, and at investing the cash available in the appropriate Islamic financial investment tools that do not entail funding purposes according to what is deemed appropriate by the Fund Manager and that in order to realize good returns to subscribers according to the rules and conditions mentioned in the Articles of Association of the Fund and according to the legal regulations approved by the Fatwa and Shariah Supervisory Board to the Fund.

    Date of Establishment : 12 August 2002
    Type of Fund : Variable
    Currency : Kuwaiti Dinar
    Authorized Capital : from 5 to 50 million Kuwaiti Dinars
    Fund Manager : Al Dar Asset Management Company
    Fund duration : 10 years
    Investment Trustee : Gulf Custody Company

  • Subscription
    Right of subscription : Open for all categories and nationalities inside the State of Kuwait and abroad
    Subscription : Monthly
    Minimum Subscription : 1,000 units and its multiples
    Subscription Fees : To be determined by the Fund Manager
    Evaluation : Monthly
    Management Fees : 2% annually
    Redemption : Semi-Annual (June-December)
    Minimum Redemption : 1,000 units and its multiples
    Redemption Fees : None
As on : 30/06/2015
  • Net asset value
  • Return since inception
  • Yearly return till date
  • Monthly Return till date