Globals 10 Large Cap. is awarded as the Best Performing Fund in 2006 by Lipper-Reuters

Mr. Bader AL-Sumait, Executive Vice President of Global said, that Global 10 Large Cap. Fund is listed in the Kuwait Stock Exchange and has continued to achieve high and stable returns since the funds inception.

Since the beginning of this year, the fund has achieved considerable returns and satisfactory results to the investors, the fund's profits were distributed to its shareholders of 200 free units making it the largest percentage of distribution for a local investment in Kuwait.
It is worth noting that the minimum investment is 1,000 units and investors can enjoy low administrative fees of 1/2 %. Also, the fund has an advantage of high liquidity and weekly redemption.

AL-Sumait emphasized, that 10. Large Cap. Fund received an award as the best performing fund by "Lipper-Reuters" in the G.C.C. which proves the capabilities of the funds performance in a positive way.

He continued that the net value of the funds unit at the end of the month is KD 1.915 (after distribution of profits), thus achieving 474.4% performance since the funds inception which also achieved 19.751% since the beginning of the year.

AL-Sumait pointed that the fund invests in the ten largest companies listed on the Kuwait Stock Exchange in terms of the market value, and in each month the ratio of investment is determined in each company.

As a result, the 10 large companies achieved good results in the last period exceeding some expectations by achieving positive growth rates.
He added that he expected that the continuation of the ten components will continue their bullish performance.

On the other hand, AL- Sumait added that the funds investment policy and strategy depends on the reinvestment of all capital gains distributions and profits while leaving behind a selection to investors to recover the profits earned on their investments.

AL-Sumait ended by saying the different benefits of investing in the fund is that it has distinct investment strategies that enables it to achieve the highest possible returns with the lowest risk and the funds performance proves this.