FCP VALEURS AL KAOUTHER

FCP VALEURS AL KAOUTHER

Is a unit trust for individual and institutional investors seek of the benefits of collective management, ensuring compliance with the investment rules of Islamic finance. Furthermore, a Shari'a supervisory committee, represented by Cheikh Mohamed Mokhtar Sellami, was formed to monitor the compliance of products and procedures with the principles of Islamic law.
Net Asset
Value in TND
-1.57%
Return
In 2019
1.11
Million Tunisian Dinars
of assets under management

FCP VALEURS AL KAOUTHER

ensuring compliance with the investment rules of Islamic finance

INVESTMENT FOCUS

The FCP VALEURS AL KAOUTHER will be invested as follows:

  • Minimum 50% of assets in shares of listed companies.
  • Maximum 30% of assets in cash investments.
  • A high proportion of 20% of assets in cash and cash equivalents.
For the portion invested in equities,FCP VALEURS AL KAOUTHER aims to put in stocks with the following characteristics:
  • Growth opportunities (sectoral and intrinsic) promising medium-term.
  • A recovery considered attractive compared to the market (PER and dividend / yield multiples of Enterprise Value).
  • Respect the rules accepted by the COMMITTEE OF CONFORMITY (Passing through several filters sectoral, financial ...).

TERMS OF SUBSCRIPTION AND REDEMPTION

The subscription price is equal to the Net Asset Value. The redemption of units is possible at any time throughout the life of the Fund. However, for any purchase made before the expiry of three years, the price will be reduced by exit fees:

  • 3% of net asset value and that, in case of an exit in a period not exceeding one (1) year from the date of subscription.
  • 2% of Net Asset Value in case of an exit in a period between one (1) and two (2) years from the date of subscription.
  • 1% of Net Asset Value in case of an exit in a period between two (2) and three (3) years from the date of subscription.
  • No exit fee if the holding period is more than three (3) years.
Applications for subscription and redemption are made exclusively with TUNISIE VALEURS through its branch network.

Return

In 2019, the net return of the fund stood at -1.57%.