Fund Overview
The Fund seeks to invest in money market instruments to increase its net asset value, maintain a high level of liquidity, and provide attractive returns compared to similar investments. The Fund seeks to provide enhanced returns compared to KD fixed deposits while maintaining weekly liquidity.
Fund Objective
The Fund’s strategy is to invest in money market instruments such as bank deposits, Sukuk and/or bonds issued by the governments of the Gulf Cooperation Council countries or issued under their guarantee, any bonds and/or Sukuk that are BBB rated or better, and other money market funds.