ABK ‘launches’ Ahli Int’l Multi Asset Holding Fund
KUWAIT CITY, July 15: In line with its ‘simpler banking’ strategy to offer easy banking to clients, Ahli Capital Investment Company (ACIC), the investment arm of Al Ahli Bank of Kuwait (ABK), has again partnered with BlackRock Investment Management, who are currently the world’s largest asset manager ($6.3trn as of 31 March 2018) providing the underlying building blocks, to launch the Ahli International Multi Asset Holding Fund. This new fund provides diversified international investments over multiple asset classes and is licensed and regulated by the Capital Market Authority of Kuwait. The Fund’s currency is in Kuwaiti Dinars and the minimum subscription is KD 500.
Muhsen M. Al-Harbi, Chief Executive Officer of Ahli Capital Investment Company said “We are extremely excited about this fund, as we believe it can provide long-term capital appreciation while diversifying risk globally with international investments spread across different asset classes. This is also an excellent way to save money, with higher returns than most savings accounts and with the added benefit of being able to subscribe and redeem on a monthly basis.”
The underlying investments of this fund are continually monitored, reviewed and rebalanced to ensure the best risk adjusted returns. The fund provides investors exposure to multiple asset classes as well as multiple geographical regions and industry sectors.
More information about the fund can be found on www.ahli-capital.com or call 1832832.