Ahli Capital Investment Company (ABK Capital) , the investment arm of the AL Ahli Bank of Kuwait (ABK) , announced the launch of “Ahli Capital Money Market Fund in Kuwaiti Dinars” licensed by the Capital Markets Authority (License No. LCIS/2024/0003), as part of its plans to provide more investment solutions, meet the needs of all its customer segments, and keep pace with the ongoing developments in the investment sector.
The new fund aims to enhance Ahli Capital’s presence in the market and enhance its competitive position among customers.
Through it, the company focuses on providing a low-risk and highly liquid investment tool for investors, along with the goal of achieving returns that exceed the returns of fixed deposits in Kuwaiti Dinars.
“Ahli Capital Money Market Fund in Kuwaiti Dinar “invests in a variety of high-quality monetary instruments, including bank deposits, sukuks, and bonds issued or guaranteed by the governments of the Gulf Cooperation Council countries, which helps the company achieve the aspirations of clients and increase their confidence in the level of service they receive.
On this occasion, Ali Etsh, Vice President of Asset Management at Ahli Capital, said, “We are constantly working to be close to our clients and help them succeed in their investment plans, and the launch of Ahli Capital Money Market Fund in Kuwaiti Dinar is to provide a low-risk investment option that keeps pace with developments in the sector,”
He added “it is noting that “Ahli Capital” adopts a well-thought-out strategy in managing investments that is flexible and in line with developments in financial markets in Kuwait and around the world.
And said “ Ahli Capital Money Market Fund in Kuwaiti Dinars is open in dinars, and the minimum subscription is 1000 dinars, and it is managed by the company's highly qualified and experienced team, stressing the company's continuous efforts to provide flexible investment opportunities for all clients, as the fund allows clients to subscribe and redeem on a weekly basis, and he indicated that the launch of the fund reflects the company's high experience and its ability to provide investment solutions that meet clients' investment goals.
Also, he confirmed that Ahli Capital continues to offer more investment solutions that enrich its products, contribute to attracting more clients to its ever-growing family, and establish new standards in the sector, while committing to providing exceptional and innovative services, to enhance its position as a trusted advisor and preferred investment partner for clients, revealing that it is working to seize the best opportunities in order to provide the best returns, and face challenges in the investment sector in the best possible way.