Al Ahli Bank of Kuwait (ABK) offers retail and commercial banking services. The bank offerings include various types of accounts, deposits, and cards. ABK provides loans, letters of credit and guarantees, and payment services, with particular emphasis on financing construction, real estate, and trade finance.
Executive summary
| Fund name | Al Ahli Kuwaiti Fund |
| Fund objective | To achieve capital growth through investing in Kuwait Stock Exchange companies by realizing capital returns above the market average. |
| Fund manager | Ahli Capital Investment Company K.S.C.C. |
| Custodians | Kuwait Clearing Company |
| Management fees | 1.5% annually |
| Auditors | Deloitte & Touche, Al Wazzan & Co. |
| Launch date | 2nd February 2003 |
| Participation | Open to all nationalities |
| Subscription / Redemption | Monthly |
| Minimum subscription | One thousand units |
| Unit valuation | NAV of last day of the month |
| Performance | +161.13% (since inception) +7.27% (YTD 22) -6.35% (MTD 22) |
| Net asset value | KD 0.9986949 (As on 30-6-22) |
| Next dealing date | 28-7-22 |
Dividends
| Year | Cash | Bonus |
| 2003 | 180 fils | – |
| 2004 | 70 fils | – |
| 2005 | 105 fils | 15.6% |
| 2006 | 120 fils | – |
| 2007 | 160 fils | – |
| 2009 | 60 fils | – |
| 2010 | 80 fils | – |
| 2012 | 50 fils | – |
| 2017 | 54 fils | – |
| 2018 | 54 fils | – |
| 2019 | – | 8% |