Investment Funds Performance in Kuwait Q4 2025
General Overview of Investment Funds Performance YTD and During Q4 2025
This report presents the performance of investment funds during the fourth quarter and the full year 2025. It covers Kuwait-focused and Gulf-focused funds, both conventional and Islamic, that are managed by Kuwaiti companies licensed by the Capital Markets Authority in Kuwait.
Kuwait Conventional Equity Funds
Watani Kuwait Equity Fund topped the list of best-performing Kuwait conventional equity funds rising 26.86% during 2025. Al-Raed Investment Fund, managed by Kuwait Investment Company, was in second place up 26.81%, while Al Ahli Kuwait Fund, managed by Ahli Capital Investment Company, came in third place and rose 25.80%.
On a quarterly basis, Coast Investment Fund led the way in the last quarter, rising 4.79%, followed by Al Wataniya Investment Fund with a 3.80% growth, and then Al Raed Investment Fund with a 2.83% increase.
Kuwait Islamic Equity Funds
AlFajer Fund, managed by Wafra International Investment Company, led Kuwait Islamic equity funds with an increase of 30.77% YTD. Kuwait Investment Fund, managed by Kuwait Investment Company, came in second place with a 30.02% YTD return, followed by Markaz Islamic Fund, which rose by 28.30% YTD and came third among Kuwaiti Islamic equity funds.
On a quarterly basis, Kuwait Investment Fund led the way in the last quarter, achieving a 5.27% increase, followed by Markaz Islamic Fund with a 4.20% growth, and then KFH Capital Premier Market Fund with a 3.93% increase.
Gulf Conventional Equity Funds
Watani Gulf Equity Fund led Gulf Conventional equity funds recording a YTD increase of 6.28% and declined (3.84%) during Q4. While Al Ahli Gulf Fund grew 2.67%YTD and declined by (2.63%) during the quarter.
Gulf Islamic Equity Funds
The KIC GCC Equity Fund, managed by Kuwait Investment Company, led Gulf Islamic equity funds rising 12.12% YTD and declined by (0.71%) during Q4. Noor GCC Islamic Fund which is managed by Noor Financial Investment Company came in second place and grew 6.75% YTD and declined by (2.87%) during the quarter. Boubyan Local and GCC Equity Fund came in third place rising 2.26% YTD and declined by (3.67%) during Q4.
Fixed Income Funds
Watani USD Bond Fund led fixed income funds in Kuwait rising 8.34% YTD and 0.92% in Q4. In second place was Wafra Bond Fund with a growth of 4.80% YTD and 1.17% during Q4.
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