In this fund overview we look at the KMEFIC FTSE Kuwait Equity UCITS ETF from HANetf

It’s the only pure-play Kuwait ETF in the world and provides access to the largest and most liquid Kuwaiti companies.

The companies cover industry sectors including: Industrial Goods & Services, Banks, Chemicals, Food & Beverage, Financial Services and Telecoms

Constituents are capped at 15% and are rebalanced quarterly. They are traded on the premier or main market of Kuwait Stock Exchange.

The fund has a total expense ratio of 80 basis points.

It is available in US Dollars, British pounds and Euros and is domiciled in Ireland

The fund tracks the FTSE Kuwait All-Cap 15% Capped Index

FTSE Russell is the world’s largest index provider and was the first to promote Kuwait to Emerging Markets status

This fund targets Emerging and Frontier market investors who want precision exposure to Kuwait in a liquid and transparent format.