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×Investment Strategy
The fund aims to primarily invest in the equities of public companies during the IPO period, and the shares of companies listed during the first 5 years of trading on the Saudi Stock Exchange (Tadawul) or Nomu Parallel Market. It also seeks to invest in the last 30 market entrants and the new shares resulting from listed companies’ capital hikes.
Fund Facts
Fund Manager | Yaqeen Financial Company |
Domicile | Saudi Arabia |
Eligibility | All investors |
Fund Category | Equity |
Fund SubCategory | Shariah Compliant |
Inception Date | 12/07/2008 |
Inception Price | 1,000.00 |
Valuation Period | Bi-Weekly |
Valuation Basis | The fund is valued based on closing price of the day preceding each valuation date. |
Fund Name | YAQEEN IPO Fund |
Short Name | YAQEEN IPO Fund |
Fund Objective | The fund seeks to achieve long-term capital appreciation by investing in IPOs. |
Fund Classification | Growth |
Geographic Focus | Saudi Arabia |
Currency | Riyal |
Structure | Open |
Fees And Expenses
Additional Subscription Information :
5,000.00
Management Fee | 1.75 % | Performance Fee | - |
Management Fee Type | Per annum | Min. Subscription | - |
Subscription Fee | 1.50 % | Min. Redemption | - |
Redemption Fee | 1.00 % | Custodian Fee | 0.02 % |
Date | Downloads | |
---|---|---|
YAQEEN IPO Fund | 30/01/2024 |
Fund | H1 | H2 | Year | |||
---|---|---|---|---|---|---|
YAQEEN IPO Fund | - | - | ||||
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Fund Performance
Data Not Available
NAV | 59,020,943.57 |
Unit Price | 5,949.0935 |
Last Update | 22/04/2024 |
Change | (0.30) % |
Previous Close | 5,967.19 |
12 Month Low | 4,686.39 |
12 Month High | 5,999.52 |
Performance Overview
Change (1M) | 0.07 % |
Change (3M) | 6.99 % |
Change (12M) | 28.23 % |
Change (3Y) | 82.59 % |
Change (5Y) | 158.58 % |
YTD | 8.13 % |
Change Since Inception | 494.91 % |
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