| The Fund Structure | Open-ended Fund investing in GCC securities |
| Regulated by | Capital Market Authority, Sultanate of Oman |
| Fund Objectives | Generation of dividend income along with capital growth from an actively managed portfolio comprising of high dividend yield companies listed in GCC markets and with limited exposure to other equity and fixed income opportunities in the GCC region |
| Investment Manager | National Bank of Oman SAOG |
| Fund Currency | Rial Omani (RO) |
| Subscription/Redemption Frequency | Weekly |
| Minimum Subscription | RO 2,000 for new subscriptions and RO 1,000 for subscriptions by existing Unitholders of the Fund |
| Maximum Subscription | Open |
| Valuation Frequency | At the end of working day on Monday closing value of each week, published on the next working day. |
| Custodian | Gulf Custody Company SAOC, Oman |
| Fund Administrator | National Bank of Oman SAOG |
| Auditor | PricewaterhouseCoopers LLP |
| Legal Advisors | SNR Denton |
| Eligible Investors | The Fund is open for investment to all individual, Institution, Omani and non-Omani investors. |
| Subscription Fee | Up to 2% |
| Redemption Fee | - 2%, if redeemed within 6 months of subscription.
- 1% if redeemed within remaining 6 months period, in the first year of subscription.
Redemption fees will be retained by the Fund |
| Management Fees | The investment manager is entitled to management fees of 1.1% per annum of the Net Assets of the Fund. |
| Performance Fees | The Investment Manager is entitled to a performance fee of 10% on any annual return exceeding 10%. The Investment Manager will not impose any performance fees if the Fund’s performance is 10% or below. Performance fees are calculated and payable at the end of the financial year.
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