Gulf Equity Investment Fund
Objective & Strategy
- The Fund seeks long-term capital appreciation by investing in equities of companies in the Gulf Cooperation Council. The Fund will follow an active strategy of allocating its investments between the various markets in the GCC. The Fund’s objective is to achieve absolute returns over the long term by reducing the risk that comes from investing in equity markets of the GCC. Allocation among the various markets in the GCC will contribute towards achieving this objective, along with investing in money market instruments such as deposits or equivalent in Islamic banks, sukuk or bonds issued or guaranteed by the governments of the GCC, either in Kuwaiti Dinars or any other foreign currency, and also with investing in other investment funds, based on the investment expectations and strategy of the Fund Manager, and by following the investment restrictions mentioned in this Article without these investments conflicting with the rules of law (7) of 2010 Executive By-law thereof and its amendments and the resolutions, and instructions.