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Top Growth
Dividend History
Investment Strategy
The Fund mainly invests in initial public offerings of shares of Saudi joint companies during the first five years of trading. In addition, the fund manager is allowed to invest maximum 50% of the fund assets in small and medium cap companies' stocks.
Fund Facts
| Fund Manager | Osool & Bakheet Investment Company |
| Domicile | Saudi Arabia |
| Eligibility | All investors |
| Fund Category | Equity |
| Fund SubCategory | Shariah Compliant |
| Inception Date | 15/11/2015 |
| Inception Price | 1.00 |
| Valuation Period | Daily |
| Valuation Basis | Fund assets are valuated based on the closing price on the day of deal, and the profits owed |
| Fund Name | Osool & Bakheet IPO Trading Fund Sharia Compliant |
| Short Name | OBIC Trading Sharia Compliant |
| Fund Objective | The fund aims to maximize capital growth through achieving relative positive returns against an appropriate benchmark (OBIC IPO Trading sharia compliant Index), while minimizing potential risks. |
| Fund Classification | Growth |
| Geographic Focus | Saudi Arabia |
| Currency | Riyal |
| Structure | Open |
Fees And Expenses
Additional Subscription Information :
10,000.00
| Management Fee | 2.00 % | Performance Fee | 0.00 % |
| Management Fee Type | Annual | Min. Subscription | 10,000.00 |
| Subscription Fee | 0.00 % | Min. Redemption | 10,000.00 |
| Redemption Fee | 0.00 % | Custodian Fee | 0.50 % |
| Date | Downloads | |
|---|---|---|
| Osool & Bakheet IPO Trading Fund Sharia Compliant | 28/02/2023 |
Fund Performance
Data Not Available
| NAV | 2,007,180.27 |
| Unit Price | 1.6213 |
| Last Update | 05/06/2023 |
| Change | 0.7707 % |
| Previous Close | 1.61 |
| 12 Month Low | 1.25 |
| 12 Month High | 1.62 |
Performance Overview
| Change (1M) | 4.6405 % |
| Change (3M) | 16.6151 % |
| Change (12M) | 13.6319 % |
| Change (3Y) | 90.7412 % |
| Change (5Y) | 85.5034 % |
| YTD | 22.8258 % |
| Change Since Inception | 62.1300 % |
Call Request