 Money Market Funds
Equity Funds
Ijara Funds
Alternative Funds
Multi Asset Funds
|
|
|
|
|
|
|
|
|
|
|
|
| |
The Fund Is Closed For New Investors | |
Fund objective & Strategy:
The Fund invest in a diversified portfolio of office, warehouse, retail and residential properties that offer a balanced mix of core properties and properties that promise superior growth and added value potential. Special focus will be given to the German market and a carefully selected allocation will be made to emerging markets such as Russia and Turkey. All the investments in the Fund will be in accordance with the Islamic Sharr'ah Principles.
Investment Feature:
• Well-diversified portfolio of European real estate investments.
• Euro denominated.
• Quarterly income distribution.
• All investment are in according to the Islamic Shari'ah principles.
Fund Facts |
| Legal Structure: |
A closed-ended Fund (up to 12 months investment period). |
| Offering Period: |
November 5, 2006 - November 23, 2006. |
| Offering Price: |
Euro 1,000 per unit. |
| Minimum Investment: |
Euro 250,000. |
| Placement Fee: |
A one time fee up to 2.25% upon subscription. |
| Management Fee: |
1.75% per annum. |
| Fund Distributor: |
National Bank of Kuwait S.A.K. |
| Fund Manager: |
Wafra Capital. |
| Fund Advisor: |
Pramerica. |
| Auditor: |
Deloitte. |
| Reporting: |
Quarterly performance reports and annual audited financial statements. |
| Risk Level: |
 |
| |
|
| |
|
|
|
|
|
|
|
|
