The fund invests mainly in initial public offerings (IPOs) and priority rights issues on the Saudi stock market. It may also invests in newly listed companies on the Saudi market during the first five years of listing.
|Fund Manager||Saudi Kuwaiti Finance House|
|Fund SubCategory||Shariah Compliant|
|Valuation Basis||The fund's assets are valued every Sunday and Tuesday.|
|Fund Name||Baitk IPO Fund|
|Short Name||Baitk IPO Fund|
|Fund Objective||The fund aims to achieve long-term capital growth by investing in Shariah-compliant Saudi IPOs, rights issues and newly listed stocks during the first five years of listing.|
|Geographic Focus||Saudi Arabia|
|Management Fee||1.75 %||Performance Fee||0.00 %|
|Management Fee Type||Per annum||Min. Subscription||10,000.00|
|Subscription Fee||2.00 %||Min. Redemption||10,000.00|
|Redemption Fee||0.00 %||Custodian Fee||0.20 %|
|12 Month Low||5.90|
|12 Month High||8.47|
|Change (1M)||2.8645 %|
|Change (3M)||(2.3411) %|
|Change (12M)||(14.4306) %|
|Change Since Inception||(29.2940) %|
Your request can not be processed now.
Please try again in a period of time.
We have received your inquiry out Support team will contact you soon.
Kindly, you can follow up your request :