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×Investment Strategy
Investing primarily in IPOs of the Saudi joint stock companies, rights issue for new companies and companies that listed no earlier than five years. It also invests in money market funds.
Fund Facts
Fund Manager | Bait Al Mal Al Khaleeji (BMK) |
Domicile | Saudi Arabia |
Eligibility | All investors |
Fund Category | Equity |
Inception Date | 12/10/2014 |
Inception Price | 10.00 |
Valuation Period | Bi-Weekly |
Valuation Basis | The fund is valued based on the accrual basis. |
Fund Name | BMK IPO Fund |
Short Name | BMK IPO Fund |
Fund Objective | The fund aims to achieve capital growth by investing primarily in the initial offerings and shares newly listed companies, the first five years of inclusion in the Saudi capital market "trading". |
Fund Classification | Growth |
Geographic Focus | Saudi Arabia |
Currency | Riyal |
Structure | Open |
Fees And Expenses
Additional Subscription Information :
2,000.00
Management Fee | 1.90 % | Performance Fee | 0.00 % |
Management Fee Type | Per Annum | Min. Subscription | 2,000.00 |
Subscription Fee | 3.00 % | Min. Redemption | 2,000.00 |
Redemption Fee | 1.50 % | Custodian Fee | 0.10 % |
Date | Downloads | |
---|---|---|
BMK IPO Fund | 19/12/2021 |
Fund | H1 | H2 | Year | |||
---|---|---|---|---|---|---|
BMK IPO Fund | - | |||||
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Fund Performance
Data Not Available
NAV | 4,350,480.10 |
Unit Price | 14.4994 |
Last Update | 01/05/2024 |
Change | 0.82 % |
Previous Close | 14.38 |
12 Month Low | 13.45 |
12 Month High | 15.33 |
Performance Overview
Change (1M) | (1.79) % |
Change (3M) | (3.98) % |
Change (12M) | 6.30 % |
Change (3Y) | 5.74 % |
Change (5Y) | (2.33) % |
YTD | 0.58 % |
Change Since Inception | 44.99 % |
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