Watani US RealEstate Income & Growth Fund
Fund Facts
| Legal Structure: | An open-ended fund (with an initial 3-year lock-up period). |
| Inception Date: | April 1st, 2004. |
| Offering Price: | US$1000 per unit. |
| Minimum Investment: | US$500,000 with additional investments in multiples of US$10,000. |
| Placement Fee: | A one-time fee of up to 2% upon subscription. |
| Management Fee: | An annual fee of 1.50% |
| Fund Manager: | NBK Global Asset Management Company Limited |
| Fund Distributor: | National Bank of Kuwait S.A.K. |
| Fund Advisor: | J.P. Morgan Investment Management Inc. |
| Redemption Deadline: | By 1:00 pm on the preceding Monday |
| Auditor: | PriceWaterhouseCoopers L.L.P. |
| Reporting: | Semi-annual customer statements and annual audited financial statements. |
| Domicile of the fund: | Cayman Island |