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Prospectus | FAQs This Plan is open for new Investors
 Plan Objective:

Allows investment in one or more of NBK's open-ended funds through monthly installments as low as US$100 per fund according to a number of special terms and conditions, which increase the flexibility of the normal requirements controlling the minimum investments, subscriptions and redemptions.
 
  • You must have an existing NBK deposit account or open one for fund transactions.
  • You must commit to a minimum of US$10,000 in subscriptions in any of the Plan Funds.
  • Allocate a regular monthly amount of no less than US$100 per fund to reach your target.
  • You can also make an initial lump sump investment, of no less than US$1,000 towards your target amount.
  • You have the choice of investing in any of the following funds:
    • Watani Global Equity Fund
    • Islamic Global Equity Fund
    • Islamic Healthcare Fund
  • You may change your Plan features twice a year without any charge for the first time and KD10 for the second time.
  • You will benefit from the Dollar Cost Averaging by purchasing more when the prices are low and fewer when the prices are high.
 In addition, as a Mustaqbal Account holder, you will receive discounted sales charges as follows:

 
 Fund
Normal
 Discounted
 Watani Global Equity Fund                        
2.50%
2.00%
 Islamic Global Equity Fund                        
2.50%
2.00%
 Islamic Healthcare Fund
2.50%
2.00%
 
 
 Fund Facts
 
Monthly Investment Amount:
 Minimum of US$100 per fund.
Target Commitment Amount: Minimum of US$10,000 per fund in subscriptions to one or more funds.
Structure of the Plan: Subscription monies are invested at the Fund(s) net asset value on the first Valuation Day of each calendar month.
Changes to the Plan: Two changes are allowed per year. The second change has a KD10 charge.
Sales Charges: A one-time fee of up to 2.50% for equity funds and up to 1.75% for bond funds upon subscription. Al Mustaqbal customers are entitled to a discounted sales charge.
Distributor: National Bank of Kuwait SAK.
Reporting: Quarterly performance reports on all funds and Share/Unit Prices are available at NBK's web site.
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