Coast Investment Fund

One of the most prominent funds in Kuwait. Established on 3/31/2002 and is managed by Coast Investment & Development Company KSC (Closed).

IN 2006, CIF was ranked one of the top three best funds in the Kuwaiti market based on Goal Advisors Publication.

CIF adopts a seamless strategic and an analytic approach towards enhancing returns to fund holders.

The objective of CIF is to attain attractive growth with pre- analyzed risk controls.

CIF management team keeps in mind the valuation relative to growth, keeping a updated information on our complete database on the local companies in the market and maintain minimal loss.

Fund Summary

Fund Manager
Coast Investment & Development Company

Country of Domicile
Kuwait

Fund Structure
Open-Ended Fund

Denomination
KWD

Unit Price
KD 1

Minimum Investment
1,000 Units

Subscription
Monthly

Redemption
Monthly

NAV Disclosure
Monthly

Management Fee
1% per annum

Custodian Fee
0.0625% per annum

Custodian
Gulf Bank

Investment Controller Fees
0.0625% per annum

Auditors
BDO Al Nisf & Partners

Fund Performance

Fund Date NAV Change YTD Change
Coast Investment Fund -
Historical NAV
February 0.948 0.53% 6.16%
2024

Articles of Association

العربية