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					                                                                                                                                                                                                                                                                                               ARAB TIMES, SATURDAY, JUNE 18, 2011
       BUSINESS                                                                                                                                                                                                                                                                                                                                  38


                             Jordan’s bourse up 10.3 pts                                                                            BAE’s program over-runs cost                                                                                                                US bond yields hit ‘11 lows
       The benchmark for the Jordanian bourse increased 10.3 points through last                                            British aerospace and defence group BAE said one of its pro-                                        Yields on US government bonds reached                         es. The price of the 10-year Treasury note
       week’s trading yet lost six percent in daily trading, according to data of the                                       grammes had incurred cost over-runs which would lead to a 160                                       2011 lows as investors poured money into                      rose 40.62 cents for every $100 invested
       local stock market released on Friday.                                                                               million pound ($258.7 million) charge for the company.                                              less risky investments. Greece’s deepening                    late Thursday. The dip in price pushed the
          The benchmark was up upon closing of the week session to 2,159.3                                                    “Following recent sea trials, subsequent related engineering                                      political turmoil is causing fears that the                   yield down to 2.92 percent from 2.97 per-
       points, compared to 2,149 points the previous week, with an increase of                                              reviews and customer discussions, BAE Systems has concluded                                         country could default on its debt, causing                    cent late Wednesday.
       10.3 percent.                                                                                                        that it will incur significantly higher than planned costs to complete                              widespread disruptions in global financial                       Greek      Prime     Minister    George
          Daily stock volume amounted to $14.6 million, compared to $15.6 million                                           the Omani Offshore Patrol Vessel programme,” it said in a state-                                    markets.                                                      Papandreou is facing down a party revolt
       of the previous week, dropping six percent.                                                                          ment on Friday.                                                                                        The yield on the two-year Treasury note                    over austerity measures demanded by inter-
          The weekly overall stock volume reached $78.2 million.                                                              “As a consequence the group anticipates a charge of approxi-                                      went as low as 0.33 percent Thursday, and                     national lenders. If the measures fail and
          The financial sector came first with 68.1 percent of the overall traded                                           mately 160 million pounds, pretax, will be required in its 2011 first-                              the yield on the 10-year note went as low as                  Greece defaults, it could undermine confi-
       shares, the industrial sector came in second with 16.8 percent, while the                                            half accounts,” it added.                                                                           2.88 percent. Both were lows for the year.                    dence in the debt of other European coun-
       services sector came in third with 15.1 percent.                                                                       BAE shares were down 0.9 percent in early afternoon trade.                                           Bond yields fall and their prices rise when                tries and send the value of the euro curren-
          Stocks of 72 companies rose and those of 90 ones dropped. (KUNA)                                                  (RTRS)                                                                                              demand for lower-risk investments increas-                    cy plunging. (AP)




Markets weekahead — Greece, Greece, oh and yes, the Fed
LONDON, June 17, (RTRS): Given                                   are going to need a shove — one way                        banks have risen and European bank                        banks would take on their Greek debt                  officer of PIMCO, the world’s largest                          Bank of New York Mellon says its
the questions hanging over investors                             or the other — before they choose a                        shares have hit their lowest level in                     holdings if there were a default.                     bond fund manager, has said, for                            custodial flow data has shown less
— potential sovereign debt default,                              firm direction.                                            nearly two years.                                            Beyond the euro zone debt crisis,                  example, that he expects a QE3 to                           demand for German and French debt
slowing global growth, higher interest                              The Greek debt crisis, currently                           Even long-time believers in the                        investors are also seeking clarity on                 take the form of interest rate caps on                      in the past two to three months, a shift
rates, surging oil prices — a contrari-                          personified by anti-austerity street                       ability of the euro zone to sort things                   the true state of the economic slow-                  2-3-year Treasuries.                                        from the safe-haven buying of such
an might think 2011 is actually going                            riots, government reshuffling and                          out are sounding more concerned.                          down and on the direction of mone-                       Others are less persuaded that the
pretty well.                                                     stratospheric yields and bond-insur-                          “The big open question is whether                      tary policy.                                          Fed will feel the need to add to policy                     paper that had been seen in the past 15
   Nearly half way through the year,                             ance prices, obviously has great shove                     Greece will accept the strings attached                      The coming week should provide                     that already includes ultra-low inter-                      months.
world stocks are only slightly lower                             potential.                                                 to current and future support,” Holger                    some new fodder.                                      est rates.                                                     The ECB’s commitment to tighten-
than they were at the beginning of the                              Investors, for the most part, still                     Schmieding, chief economist at                               The key event will be the meeting                     “The Fed will acknowledge the                            ing, however, will to a certain extend
year, the currency that is supposed to                           seem confident that the European                           Germany’s Berenberg bank, said in a                       of the US Federal Reserve on Tuesday                  weaker macro data without promising                         depend on the robustness of the euro
be under threat, the euro, is actually                           Union and International Monetary                           note. “Tail risks are serious.”                           and Wednesday and the accompany-                      any new action,” Sarasin bank told its                      zone economy.
stronger, and companies are doing                                Fund will solve the problem in the                            The coming week is almost certain                      ing press conference by Fed Chairman                  clients. “The conclusion is likely to be                       There will be a snapshot on
fine.                                                            short term — hence the lack of stock                       to be volatile as a result of the deep-                   Ben Bernanke.                                         that not much change or action should                       Thursday when flash estimates for the
   It points to an investment commu-                             market panic.                                              ening Greek crisis. An EU summit                             Investors have been preparing for                  be expected from the Fed in the sec-                        euro zone manufacturing and services
nity that has far from given up the                                 But some doubts are creeping in,                        towards the end of the week may pro-                      the end of the Fed’s asset-buying                     ond half of 2011.”                                          come out, one of first takes on how
ghost, with many still holding on to                             primarily because of the vehemence                         vide some clarity.                                        quantative easing programme, known                       Even without a QE3, meanwhile,
the belief that the second half will                             with which some Greeks are reacting                           Investors are not, of course, worried                  as QE2, with some wondering                           Treasuries have the potential to out-                       June is progressing.
bring with it renewed economic                                   to internal reform and cost-cutting                        about Greece itself because it is an                      whether some form of QE3 will be                      perform core German debt as there is                           They are expected to show a further
vigour to put things back on track.                              efforts. Unruly default is no longer                       economic minnow. The fear is of con-                      forthcoming because of the stagnant                   little sign of US tightening while the                      decline, but not to signal any major
   But at the same time, investors are                           completely ruled out.                                      tagion to other, larger countries such                    US recovery.                                          European Central Bank has already                           retrenchment from relatively good
very cautious. Which means that they                                Dollar funding costs for euro zone                      as Spain and of the hit that many                            Bill Gross, the co-chief investment                embarked on that course.                                    growth.


                                                                                                                                                                                                                                                                                              investment funds
     Funds Fund Manager Valution Valued date Currency    Net Asset Prev NAV Prev NAV Dated                                                                                                Funds Fund Manager Valution Valued date Currency    Net Asset Prev NAV Prev NAV Dated
                                             Value (NAV)                                                                                                                                                                          Value (NAV)
 ————————————————————————————————————————————————————————————————————————————————————————————————————                                                                                 ————————————————————————————————————————————————————————————————————————————————————————————————————
National Bank of Kuwait                                                                                                                                                                                     Al-Noor Fund                   Global Bi-weekly June 07, 2011  SAR 157.551 157.305 June 05, 2011
                                                                                                                                                                                                            Global Saudi Equity Fund       Global Daily     June 07, 2011  SAR 157.665 157.201 June 05, 2011
Money Market Funds        Watani KD Money Market Fund                    NBK Global Asset Management Co. Ltd.      Weekly    June 14, 2011  KD       1.356     1.356 June 07, 2011
                          Watani KD Money Market Fund (Islamic)          NBK Global Asset Management Co. Ltd.      Weekly    June 14, 2011  KD       1.145     1.145 June 07, 2011    Money Market Funds    Global KD Money Market Fund    Global Weekly    June 09, 2011  KD    1.194   1.193 June 02, 2011
                          Watani Foreign Currency Money Market Fund      NBK Global Asset Management Co. Ltd.      Weekly    June 14, 2011  USD      1.264     1.264 June 07, 2011                          Global USD Money Market Fund   Global Monthly    June 07, 2011 USD 136.150 136.130 May 31, 2011
Watani Foreign Currency Money Market Fund (Euro)                         NBK Global Asset Management Co. Ltd.      Weekly    June 14, 2011  Euro     1.223     1.223 June 07, 2011    Islamic Real E. Funds Global US Real Estate Fund     Global Quarterly June 30, 2009  USD   0.265   0.378 Nov 31, 2009
                          Watani USD Money Market Fund (Acc              NBK Global Asset Management Co. Ltd.      Weekly    June 14, 2011  USD      1.078     1.078 June 07, 2011                          GCC Real Estate Fund           Global Quarterly June 30, 2009  USD   0.675   0.710 March 31, 2009
                          to Islamic Shariah principles)                                                                                                                                                    Global Asia Real Estate Fund   Global Quarterly June 30, 2009  USD   0.850   0.857 March 31, 2009
Equity Funds              NBK Gulf Equity Fund                           NBK                                       Weekly    June 09, 2011  USD      1.038     1.053 June 02, 2011                          Global Real Estate Ijarah Fund Global Quarterly Dec 31, 2008   USD 850.790
                          NBK Kuwait Equity Fund                         NBK                                       Weekly    June 09, 2011  KD       0.641     0.639 June 02, 2011                          Global GCC Real Estate Fund II Global
                          NBK Qatar Equity Fund                          NBK                                       Weekly    June 09, 2011  USD      1.289     1.283 June 02, 2011    Private Equity Fund   Global Opportunistic Fund      Global Quarterly Sept 30, 2009  USD 106.060 107.180
Ijara Funds               Islamic Ijara Fund VI                          Wafra Capital Partners L.P Cayman Islands Monthly   May 31, 2011   USD     10.000    10.000 April 30, 2011                         Global Opportunistic Fund II   Global Quarterly Sept 30, 2009  USD 110.920 110.390 June 30, 2009
                          Islamic Ijara Fund VII                         Wafra Capital Partners L.P Cayman Islands Monthly   May 31, 2011   USD     10.000    10.000 April 30, 2011                         Private Equity Fund            Global Quarterly Sept 30, 2009  USD   0.829   0.859  June 30, 2009
                          Islamic Ijara Fund VIII                        Wafra Capital Partners L.P Cayman Islands Monthly   May 31, 2011   USD     10.000    10.000 April 30, 2011                         Global Buyout Fund             Global Quarterly Sept 30, 2009  USD 564.740 603.390 June 30, 2009
                          Islamic Ijara Fund IX                          Wafra Capital Partners L.P Cayman Islands Monthly   April 30, 2011 USD     10.000    10.000 March 31, 2011   Country Fund          Palestine Dedicated Fund       Global Monthly   March 31, 2011 USD  89.910  87.350 Feb 28, 2011
                          Islamic Ijara Fund X                           Wafra Capital Partners L.P Cayman Islands Monthly   May 31, 2011   USD     10.000    10.000 April 30, 2011                         Global Egypt Fund              Global Monthly   April 30, 2011 USD  48.360  51.050 March 31, 2011
                          Islamic Ijara Fund XI                          Wafra Capital Partners LP Cayman Islands  Monthly   May 31, 2011   USD     10.000    10.000 April 30, 2011   Sectoral Funds        EPADI Fund                     Global Weekly    June 07, 2011  USD 110.500 112.410 May 31, 2011
                          Thahabi Ijara Fund III                         Wafra Capital Partners L.P Cayman Islands Monthly   April 30, 2011 USD     10.000    10.000 March 31, 2011   Islamic Funds         Global GCC Islamic Fund        Global Weekly    June 07, 2011  USD  82.580  84.100 May 31, 2011
                          Thahabi Ijara Fund V                           Wafra Capital Partners L.P Cayman Islands Monthly   May 31, 2011   USD     10.000    10.000 March 31, 2011                         Al-Durra Islamic Fund          Global Monthly   June 07, 2011  KD    1.176   1.174 June 02, 2011
                          Thahabi Ijara Fund VI                          Wafra Capital Partners L.P Cayman Islands Monthly   May 31, 2011   USD     10.000    10.000 April 30, 2011                         Global Islamic Funds of Fund   Global Monthly   Feb 28, 2011   USD  78.260  85.010 Sept 30, 2010
                          Thahabi Ijara Fund VII                         Wafra Capital Partners L.P Cayman Islands Monthly   April 30, 2011 USD     10.000    10.000 March 31, 2011                         Global Islamic Fund            Global Weekly    June 02, 2011  KD    1.305   1.305 May 26, 2011
                          Islamic KD Ijara Fund I                        Wafra Capital Partners L.P Cayman Islands Monthly   May 31, 2011   USD     10.000    10.000 March 31, 2011     ————————————————————————————————————————————————————————————————————————————————————————————————————
                          Islamic KD Ijara Fund II                       Wafra Capital Partners L.P Cayman Islands Monthly   April 30, 2011 KD      10.000    10.000 April 30, 2011
                          Islamic KD Ijara Fund III                      Wafra Capital Partners L.P Cayman Islands Monthly   April 30, 2011 KD      10.000    10.000 April 30, 2011
                                                                                                                                                                                      Kuwait Finance & Investment Co (KFIC)
                                                                                                                                                                                                  Al Wasm Fund                KFIC                      Monthly June 08, 2011 KD  0.362 0.365 June 01, 2011
                          Islamic KD Ijara Fund IV                       Wafra Capital Partners L.P Cayman Islands Monthly   May 31, 2011   USD     10.000    10.000 April 30, 2011
                                                                                                                                                                                                  Al Basha’er GCC Equity Fund KFIC & Gulf Finance House Monthly May 31, 2011  USD 7.330 7.530 April 30, 2011
Alternative Funds         Watani US Real Estate Income & Growth Fund     NBK Global Asset Management Co. Ltd.      Monthly   Dec 31, 2010   KD      10.000    10.000 Sept 30, 2010
                                                                                                                                                                                      ————————————————————————————————————————————————————————————————————————————————————————————————————
Watani European Real Estate Fund                                         NBK Global Asset Management Co. Ltd.      Quarterly Dec 31, 2010   USD  1,000.000 1,000.000 Sept 30, 2010
                          Central European Real Estate Fund              NBK Global Asset Management Co. Ltd.      Quarterly Dec 31, 2010   USD  1,000.000 1,000.000 Sept 30, 2010    KAMCO
                          Islamic European Real Estate Fund – A          Wafra Capital Partners L.P Cayman Islands Quarterly Dec 31, 2010   USD  1,000.000 1,000.000 Sept 30, 2010                Bond & High Yield Fund                   KAMCO Quarterly March 31, 2010 KD 1.065 1.063 Dec 31, 2010
                          Islamic European Real Estate Fund – B          Wafra Capital Partners L.P Cayman Islands Quarterly Dec 31, 2010   USD  1,000.000 1,000.000 Sept 30, 2010                KAMCO Investment Fund                    KAMCO Quarterly May 31, 2011   KD 0.998 1.034 April 28, 2011
                          Islamic Asian Real Estate Fund                 Wafra Investment Advisory Group Inc       Quarterly Dec 31, 2010   USD  1,000.000 1,000.000 Sept 30, 2010                Kuwait Private Equity Opportunities Fund KAMCO Quarterly March 31, 2010 KD 0.782 0.803 Dec 31, 2010
                          Islamic China India Real Estate Fund           Wafra Capital Partners L.P Cayman Islands Quarterly Dec 31, 2010   USD  1,000.000 1,000.000 Sept 30, 2010                Kuwait Education Fund                    KAMCO Weekly    Dec 31, 2010   KD 0.985 0.830 June 30, 2010
                          NBK Multi-Strategy Hedge Fund                  NBK Global Asset Management Co. Ltd.      Monthly   Dec 31, 2010   USD  1,000,000 1,085.690 June 30, 2009                Al Jazi Money Market Fund                KAMCO Weekly    April 12, 2011 KD 0.299 0.299 April 05, 2011
RE Security Funds         Islamic Global RE Securities Fund Class A      Wafra Capital Partners L.P.               Monthly   April 30, 2011 USD    948.584   914.927 March 31, 2011   ————————————————————————————————————————————————————————————————————————————————————————————————————
                          Islamic Global RE Securities Fund Class B      Wafra Capital Partners L.P.               Monthly   April 30, 2011 USD    983.704   949.307 March 31, 2011   Al Madar Finance
                          Islamic Turkey Real Estate Fund                Wafra Capital Partners L.P.                         Mar 19, 2009   USD  1,000.000                                        Shuwaikh Real Estate Fund Al Madar           Quarterly Mar 31, 2009 KD  1.161 1.217 May 05, 2009
Multi Asset Funds         Thahabi Multi Asset Fund – Con Portfolio       Frontier Capital Management (Jersey) Ltd  Monthly   April 30, 2011 USD     97.562    95.579 March 31, 2011               US index Fund             Al Madar           Bi-Weekly May 13, 2011 USD 1.730 1.773 April 29, 2011
                          Thahabi Multi Asset Fund – Mo Portfolio        Frontier Capital Management (Jersey) Ltd  Monthly   April 30, 2011 USD     90.446    86.837 March 31, 2011   ————————————————————————————————————————————————————————————————————————————————————————————————————
                          NBK Frontier Multi Asset Fund – Con Portfolio  Frontier Capital Management (Jersey) Ltd  Monthly   April 30, 2011 USD     97.562    95.579 March 31, 2011   Al Madina Finance & Investment Co.
                          NBK Frontier Multi Asset Fund – Mo Portfolio   Frontier Capital Management (Jersey) Ltd  Monthly   April 30, 2011 USD     90.446    86.837 March 31, 2011               India Fund              Al Madina            Monthly   July 31, 2010 KD 0.814 0.890 June 30, 2010
                          NBK Frontier Multi Asset Fund – Plus Portfolio Frontier Capital Management (Jersey) Ltd  Monthly   Feb 28, 2011   USD     77.838    73.247 March 31, 2011
  ————————————————————————————————————————————————————————————————————————————————————————————————————                                                                                            Al Madina Fund          Al Madina            Quarterly Mar 31, 2010  KD 0.603 0.581 Dec 31, 2009
                                                                                                                                                                                      ————————————————————————————————————————————————————————————————————————————————————————————————————
Gulf Bank                                                                                                                                                                             Wafra International Investment Co.
             Al Basha’er GCC Equity Fund        Kwt. Fin. & Inv. Co. & Gulf Fin. House Monthly May 31, 2011   USD 7.330 7.530 April 30, 2011
             Coast Fund                         Coast Investment Co.                   Monthly April 30, 2011 KD  0.828 0.782 March 31, 2011                                                      Wafra Equity Fund       Wafra Co.            Monthly May 31, 2011 KD 0.843 0.877 April 30, 2011
             Noor Fund for Local & Arab Equity  Noor Financial Investment Co.          Monthly March 31, 2011 KD  0.620 0.622 Feb 28, 2011                                                        Wafra Bond Fund         Wafra Co.            Monthly May 31, 2011 KD 1.056 1.053 April 30, 2011
             Sanaya Dow Jones Kuwait Index Fund Industrial & Financial Investment Co.  Monthly May 31, 2011   KD  0.634 0.620 March 31, 2011                                                      Fajir Islamic Fund      Wafra Co.            Monthly May 31, 2011 KD 0.561 0.583 April 30, 2011
 ————————————————————————————————————————————————————————————————————————————————————————————————————                                                                                 ————————————————————————————————————————————————————————————————————————————————————————————————————
Commercial Bank                                                                                                                                                                       Shuaa Capital Co.
             Tijari Investment Fund  Commercial Bank of Kuwait Weekly      June 09, 2011 KD 0.470 0.469 June 02, 2011                                                                             Al Tawfeek Gulf Equity Fund Shuaa Capital    Tw. Monthly May 31, 2011  USD 69.353 69.336 May 15, 2011
             Tijari GCC Equity Fund  Commercial Bank of Kuwait Weekly      May 25, 2011  KD 0.574 0.593 April 27, 2011                                                                            Saudi Gateway Fund          Shuaa Capital    Weekly      June 07, 2011 USD  8.450  8.610 May 31, 2011
             Tijari Islamic Fund     Commercial Bank of Kuwait Tw. Monthly June 09, 2011 KD 0.386 0.386 June 02, 2011                                                                             The Arab Gateway Fund       Shuaa Capital    Weekly      June 07, 2011 USD 22.420 22.680 May 31, 2011
             Tijari Indian Fund      Commercial Bank of Kuwait Weekly      June 13, 2011 KD 1.036 1.031 June 06, 2011                                                                             Emirates Gateway Fund       Shuaa Capital    Weekly      June 07, 2011 AED  5.960  5.920 May 31 2011
 ————————————————————————————————————————————————————————————————————————————————————————————————————                                                                                             Qatar Gate Fund (Q)         Shuaa Capital    Monthly     May 31, 2011  QAR 90.210 92.390 April 30, 2011
Al Ahli Bank                                                                                                                                                                                      Qatar Gate Fund (N)         Shuaa Capital    Monthly     May 31, 2011  QAR 87.920 90.020 April 30, 2011
             Al Ahli Kuwaiti Fund    Al Ahli Bank         Monthly May 31, 2011 KD 0.964 1.010 May 24, 2011                                                                            ————————————————————————————————————————————————————————————————————————————————————————————————————
             Al Ahli Gulf Fund       Al Ahli Bank         Monthly May 30, 2011 KD 0.815 0.833 April 25, 2011                                                                          Investment Dar Co.
 ————————————————————————————————————————————————————————————————————————————————————————————————————                                                                                             Al Dar Real Estate Fund  Tharwa Investment Co    Monthly May 31, 2011  KD 1.033 1.033 April 30, 2011
Boubyan Bank                                                                                                                                                                                      Al Dar Funds of Fund     Al Dar Asset Management Weekly  May 31, 2011  KD 0.640 0.650 April 30, 2011
             Boubyan Financial Fund (USD)       Boubyan Bank Quarterly April 27, 2011 USD 9,041.210 9,041.479 April 6, 2011                                                                       Al Dar Money Market Fund Al Dar Asset Management Monthly June 06, 2011 KD 1.383 1.383 May 31, 2011
             Boubyan KD Money Market Fund (USD) Boubyan Bank Weekly    June 14, 2011  KD      1.002     1.001 May 24, 2011                                                                        Al Dar Securities Fund   Al Dar Asset Management Weekly  May 31, 2011  KD 0.613 0.630 April 30, 2011
             Global Real Estate Fund            Boubyan Bank Annually  March 31, 2010 KD      0.838     0.865 Dec 31, 2010                                                                        Al Nokhba Fund           Al Dar Asset Management Monthly May 31, 2011  KD 0.435 0.450 April 30, 2011
             Boubyan Sukuk Fund                 Boubyan Bank Daily     Jan 28, 2009   USD   953.680 1,001.180 May 11, 2011                                                            ————————————————————————————————————————————————————————————————————————————————————————————————————
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                                                                                                                                                                                      Al Aman Investment
Burgan Bank                                                                                                                                                                                       Al Aman Islamic Fund    Al Aman Investment   Weekly May 31, 2011 KD 0.507  0.526 April 28, 2011
             Burgan Financial Fund   Burgan Bank          Monthly June 15, 2011 KD 1.275 1.275 June 14, 2011                                                                          ————————————————————————————————————————————————————————————————————————————————————————————————————
             Burgan Equity Fund      Burgan Bank          Monthly May 30, 2011  KD 1.877 1.877 April 30, 2010
 ————————————————————————————————————————————————————————————————————————————————————————————————————                                                                                 Housing Finance Co (ISKAN)
                                                                                                                                                                                                  Masaref Investment Fund ISKAN                Weekly June 09, 2011 KD 0.979 0.978 June 02, 2011
Kuwait Investment Co.                                                                                                                                                                 ————————————————————————————————————————————————————————————————————————————————————————————————————
Local Fund            Al Raed Fund                                 Kuwait Investment Co               Weekly       June 09, 2011    KD         0.984        0.996    May 26, 2011
                      Kuwait Investment Fund                       Kuwait Investment Co               Monthly      May 31, 2011     KD         0.699        0.700    April 30, 2011   Gulf Investment Corp.
                      Al Hilal Fund                                Kuwait Investment Co               Weekly       June 13, 2011    KD         0.590        0.589    Jun 06, 2011                 Gulf Bond Fund          Gulf Investment Corp Weekly  June 02, 2011 USD 12.720 12.700 May 31, 2011
                      KIC Bond Fund                                Kuwait Investment Co               Monthly      April 30, 2011   KD         0.762        0.899    March 31, 2011               Gulf Premier Fund       Gulf Investment Corp Weekly  June 02, 2011 USD 20.720 20.780 May 31, 2011
                      Al Atheer Fund                               Kuwait Investment Co               Weekly       May 31, 2011     KD         1.027        1.058    April 30, 2011               Gulf Islamic Fund       Gulf Investment Corp Weekly  June 02, 2011 USD  6.190  6.220 May 31, 2011
International         Global Bond Fund                             Kuwait Investment Co               Weekly       June 08, 2011    USD       21.300       21.000    April 20, 2010               GIC KD Bond Fund        Gulf Investment Corp Monthly June 02, 2011 KD   0.900  0.900 May 31, 2011
                      Diversified Fund                             Kuwait Investment Co               Weekly       June 08, 2011    USD       18.330       18.670    May 11, 2011     ————————————————————————————————————————————————————————————————————————————————————————————————————
                      European Fund                                Kuwait Investment Co               Monthly      May 31, 2010     Euro      16.570       15.250    Sept 30, 2010    First Investment Co.
                      Pacific Equity Fund                          Kuwait Investment Co               Weekly       June 09, 2011    USD       34.370       34.830    April 21, 2011               First Arabian Equity 2000 Fund First Investment Co Monthly May 31, 2011  USD 18.784 19.251 April 30, 2011
                      Al-Awaed Fund                                Kuwait Investment Co               Monthly      April 30, 2011   KD         0.964        0.965    March 31, 2011               First Gulf Equity              First Investment Co Monthly May 31, 2011  USD  6.348  6.586 April 30, 2011
                      North American Equity Fund                   Kuwait Investment Co               Monthly      May 31, 2011     USD       12.490       10.900    Sept 30, 2010                Al-Muthana Money Market        First Investment Co Weekly  June 06, 2011 KD   1.301  1.301 May 31, 2011
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                                                                                                                                                                                      Ahli United Bank (formerly BKME)
lnternational Financial Advisors                                                                                                                                                                  Al Awasat Money Market Fund BKME             Weekly Sept 30, 2010 KD 1.104 1.098 June 22, 2010
Local Fund    IFA Islamic Fund                  International Financial Advisors Monthly June 02, 2011 KD 0.225 0.253 May 19, 2011                                                    ————————————————————————————————————————————————————————————————————————————————————————————————————
              IFA Investment Fund               International Financial Advisors Monthly June 02, 2011 KD 0.330 0.340 May 19, 2011                                                    Bayan Investment Co
International IFA International Guaranteed Fund International Financial Advisors Monthly Dec 31, 2010  KD 9.040 0.703 Nov 30, 2010
  ————————————————————————————————————————————————————————————————————————————————————————————————————                                                                                            Ea’mmar and Estethmar Fund Bayan Investment  Monthly Jan 31, 2011 KD 0.434 0.518 Nov 30, 2010
                                                                                                                                                                                                  Al Themar Securities Fund  Bayan Investment  Monthly May 31, 2011 KD 0.434 0.431 Feb 28, 2011
National Investment Co. (NIC)                                                                                                                                                         ————————————————————————————————————————————————————————————————————————————————————————————————————
Equity Funds      Al- Wataniya Fund       NIC             Monthly April 30, 2011 KD  0.670 0.635 March 31, 2011
                  Al-Safwa Fund           NIC             Monthly April 30, 2011 KD  0.530 0.513 March 31, 2011
                                                                                                                                                                                      Tharwa Investment Co.
                  Al-Darji Fund           NIC             Monthly April 30, 2011 KD  0.480 0.450 March 31, 2011                                                                                   Tharwa Investment Fund           Tharwa Investment Co Weekly  May 31, 2011   KD  1.156 1.142 May 26, 2011
                  Mawarid Fund            NIC             Monthly April 30, 2011 KD  0.570 0.548 March 31, 2011                                                                                   Tharwa Islamic Fund              Tharwa Investment Co Monthly May 31, 2011   KD  0.652 0.650 May 26, 2011
                  Zajil Fund              NIC             Monthly April 30, 2011 KD  0.810 0.781 March 31, 2011                                                                                   Tharwa Arab Investment Fund      Tharwa Investment Co Monthly May 31, 2011   USD 1.260 1.259 April 30, 2011
                  Al Mada Investment Fund NIC             Monthly April 30, 2011 USD 0.640 0.614 March 31, 2011                                                                                   Tharwa Islamic Money Market Fund Tharwa Investment Co Monthly April 30, 2011 USD 1.110 1.110 March 31, 2011
Alternative Funds Al Tahawut Hedge Fund   NIC             Monthly March 18, 2011 KD  0.711 0.699 Feb 18, 2011                                                                         ————————————————————————————————————————————————————————————————————————————————————————————————————
 ————————————————————————————————————————————————————————————————————————————————————————————————————                                                                                 Bank Al-Bilad
GulfInvest International                                                                                                                                                                          Al Seef Fund            Bank Al-Bilad        Daily  June 09, 2011 KD 0.540 0.540 June 02, 2011
             Al Huda Islamic Fund    GulfInvest International Weekly Feb 03, 2011 KD 0.400 0.410 Jan 13, 2011                                                                         ————————————————————————————————————————————————————————————————————————————————————————————————————
             Al Shorooq Fund         GulfInvest International Weekly Feb 03, 2011 KD 0.610 0.620 Jan 13, 2011                                                                         Commercial International Bank
 ————————————————————————————————————————————————————————————————————————————————————————————————————                                                                                             Commercial Int’t Bank Fund I              CI Asset Management Weekly June 08, 2011 EGP 165.820 165.435 May 29, 2011
Coast Investment Co.                                                                                                                                                                              Commercial Int’t Bank Fund II (Istethmar) CI Asset Management Weekly June 02, 2011 EGP  61.070  61.460 May 26, 2011
             Coast Investment Fund   Coast Investment Fund Monthly April 30, 2011 KD 0.828 0.782 March 31, 2010                                                                                   CIB and Faisal Islamic Bank of Egypt Fund CI Asset Management Weekly June 02, 2011 EGP  45.530  45.670 May 26, 2011
             Coast Pearl Fund        Coast Investment Fund         June 12, 2011  KD 0.783 0.783 June 11, 2011                                                                        ————————————————————————————————————————————————————————————————————————————————————————————————————
 ————————————————————————————————————————————————————————————————————————————————————————————————————                                                                                 Noor Financial Inv. Co.
Securities Group                                                                                                                                                                                       Noor Islamic Fund                       Noor Financial Investment Co       Monthly       March 31, 2011   KD   0.670     0.653   Feb 28, 2011
             Al Anoud Investment Fund Securities Group    Weekly June 09, 2011 KD 1.122 1.123 June 02, 2011                                                                                            Noor Local & Arabian Fund               Noor Financial Investment Co       Monthly       March 31, 2011   KD   0.620     0.670   Feb 28, 2011
             Group Islamic Fund       Securities Group    Weekly June 09, 2011 KD 1.011 1.004 June 02, 2011                                                                                            Noor Real Estate Income Fund            Noor Financial Investment Co       Monthly       Dec 31, 2010     KD   1.003
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Kuwait Financial Centre (Markaz)                                                                                                                                                      ————————————————————————————————————————————————————————————————————————————————————————————————————
             Mumtaz Fund                          Kuwait Financial Center Weekly    June 08, 2011  KD   4.304  4.302 June 02, 2011                                                    Kuwait Real Estate Investment Consortium
             MIDAF                                Kuwait Financial Center Weekly    June 08, 2011  KD   3.211  3.211 June 02, 2011
                                                                                                                                                                                                  Kuwait Real Estate Fund Kuwait Real Estate Investment Consortium Monthly Dec 31, 2010 KD 1.371 1.285 Nov 30, 2010
             Islamic Fund                         Kuwait Financial Center Weekly    June 09, 2011  KD   1.569  1.574 June 02, 2011                                                    ————————————————————————————————————————————————————————————————————————————————————————————————————
             Markaz Arabian Fund                  Kuwait Financial Center Monthly   June 02, 2011  USD  2.718  2.730 May 31 2011
             FORSA Financial Fund                 Kuwait Financial Center Monthly   May 31, 2011   KD   1.027  1.071 April 30, 2011                                                   Manafae Investment Co.
             Atlas Diversified Class A            Kuwait Financial Center Monthly   April 30, 2011 USD  8.480  8.280 March 31, 2011                                                               Manafae First Fund      Manafae Investment Co Monthly May 31, 2011 KD 0.696 0.707 April 30, 2011
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             Atlas Diversified Class B            Kuwait Financial Center Monthly   April 30, 2011 USD  8.660  8.450 March 31, 2011
             Atlas Emerging Market Thematic Class Kuwait Financial Center Quarterly April 30, 2011 USD  9.170  9.020 March 31, 2011                                                   Al Zumorroda Investment Co.
             Energy Fund                          Kuwait Financial Center Monthly   March 31, 2011 KD   0.913  0.904 Dec 31, 2010                                                                 Zumorroda GCC Fund      Al Zumorroda Investment Co Monthly April 30, 2011 KD 0.558 0.545 March 31, 2011
             Real Estate Fund                     Kuwait Financial Center Weekly    May 31, 2011   KD   1.340  1.341 April 30, 2011                                                   ————————————————————————————————————————————————————————————————————————————————————————————————————
             Markaz Fixed Income Fund             Kuwait Financial Center Weekly    May 31, 2011   KD  10.239 10.199 May 12, 2011                                                     Al Safat Investment Co.
 ————————————————————————————————————————————————————————————————————————————————————————————————————                                                                                             Al Safat Local Shares Equity Fund Al Safat Investment Co. Monthly April 30, 2011 KD 0.311 0.300 Mar 31, 2010
Kuwait & Middle East Financial & Inv. Co.                                                                                                                                             ————————————————————————————————————————————————————————————————————————————————————————————————————
             Al Rou’yah Fund         KMEFIC               Monthly April 30, 2011 KD 1.580 1.500 Mar 31, 2011                                                                          Al-Imtiaz Investment Co.
             Gulf Gate Fund          KMEFIC               Monthly April 30, 2011 KD 0.970 0.950 Mar 31, 2011                                                                                      Al-Imtiaz Investment Fund  Al-Imtiaz Investment Company Quarterly March 31, 2011 KD 0.966 1.003 Sept 30, 2010
 ————————————————————————————————————————————————————————————————————————————————————————————————————                                                                                             Al-Imtiaz Real Estate Fund Al-Imtiaz Investment Company Quarterly March 31, 2011 KD 0.906 0.946 Sept 30, 2010
Global Investment House                                                                                                                                                               ————————————————————————————————————————————————————————————————————————————————————————————————————
Hedge Funds           Global Umbrella Fund - US                    Global                             Monthly      Jan 31, 2011     USD      199.750      193.830    Nov 30, 2010     BankMuscat
                      Global Umbrella Fund - Europe                Global                             Monthly      April 30, 2011   USD      202.970      203.860    Jan 31, 2011                 BankMuscat MSCI Kuwait Fund BankMuscat       Daily  June 9, 2011 USD 0.576 0.571 June 8, 2011
                      Global Umbrella Fund - Asia/Japan            Global                             Monthly      April 30, 2011   USD      127.290      204.250    Jan 31, 2011     ————————————————————————————————————————————————————————————————————————————————————————————————————
                      Global Umbrella Fund - Advanced Sciences     Global                             Monthly      March 31, 2011   USD      113.320      129.300    Jan 31, 2011
                      Global Distressed Fund                       Global                             Monthly      March 31, 2011   USD      172.460      113.400    Jan 31, 2011
                                                                                                                                                                                      Al-Muthana Investment Co.
                                                                                                                                                                                                  Muthanna Islamic Index Fund (MUDX) Al-Muthana Investment Company Daily   June 07, 2011 KD 0.571 0.572 June 06, 2011
                      Zenith Fund                                  Global                             Monthly      March 31, 2011   USD      106.190      170.650    Jan 31, 2011
                      Mayur Hedge Fund                             Global                             Monthly      April 30, 2011   USD      117.130       116.24    Mar 31, 2011                 Muthanna GCC Islamic Banks Fund    Al-Muthana Investment Company Monthly May 31, 2011  KD 0.649 0.673 April 30, 2011
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Fixed Income Funds    Global KD Bond Fund                          Global                             Monthly      June 09, 2011    KD         0.812        0.812    June 02, 2011
Index Funds           GCC Large Cap Index Fund                     Global                             Weekly       June 09, 2011    KD         1.423        1.422    June 02, 2011    CapCorp Investment Co.
Equity Funds          Global Local Fund                            Global                             Weekly       June 09, 2011    KD         1.794        1.797    June 02, 2011                CapCorp Local Fund      CapCorp Investment Company Weekly March 24, 2011 KD 0.910 0.900 March 10, 2011
                      Al-Mamoun Fund A                             Global                             Weekly       June 09, 2011    KD         0.521        0.522    June 02, 2011    ————————————————————————————————————————————————————————————————————————————————————————————————————
                      Al-Mamoun Fund B                             Global                             Weekly       June 09, 2011    KD         0.521        0.522    June 02, 2011    Amar Finance & Leasing Co.
                      GCC Large Cap Fund                           Global                             Weekly       May 31, 2011     KD       109.640      109.460    May 24, 2011                      Amar Real Estate Fund                   Amar Finance & Leasing Company     Quarterly     Dec 31, 2010     KD   0928      0.938   Sept 30, 2010