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Summary Brochure |
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"Bakheet IPO Fund" |
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Summary Brochure (1/2) |
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| What is the
Fund? |
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A medium term, open-end type,
mutual fund that invests in IPO’s to be listed on the Saudi
Stock market. The fund may also invest in companies that
have been listed for less than three years. The fund offers the
opportunity for investors to benefit from the “Book
Building” process by investing in the funds’ units. |
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| Fund Goals: |
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The Fund is primarily designed to maximize capital growth
through achieving relative positive returns against an
appropriate benchmark while minimizing potential risks. |
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| Fund
Characteristics: |
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provides subscribers the following: |
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A unique
professional team specializing in asset management
and fundamental equity analysis concentrating on
companies that are going public in order to
take sound investment decisions. |
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Investment
Diversification across companies, sectors and
industries. |
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The fund will
avoid any unnecessary risk. |
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| Investment
Strategy: |
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Investing in
the fund should be medium term in order to realize
the funds goals outlined above. In addition, it is
expected that the number and size of IPO’s will
stabilize in the future. |
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| Post
Subscription Services: |
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One of Bakheet Investment Group
(BIG) main aims is to enhance investors’ awareness
level by explaining BIG’s strategy in a clear and
transparent manner through the following : |
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"Bakheet IPO Fund" |
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Summary Brochure (2/2) |
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Provide
clients with periodical (monthly) reports on funds
performance. |
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Publish daily
fund information on our website:
www.bakheetgroup.com and other official sites. |
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Continue
supporting the investment community with
presentations across the KSA. |
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| Fund Features:
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Fund Type |
Open-end. |
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Fund Term
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Medium-term. |
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Category |
Equity, Saudi - IPO. |
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Fund Currency |
Saudi Arabian Riyal (SAR). |
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Benchmark |
Bakheet Saudi IPO Index |
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Risk Profile |
High. |
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Inception Unit Price |
One Saudi Riyal. |
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Minimum Investment |
10,000 (Ten thousand)
Saudi Riyals. |
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Valuation Days |
Daily. |
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Dealing Days |
Twice Per Month: Last Working Day Before the
16th of Each Gregorian Month and the Last
Working Day of Each Gregorian Month. |
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Management Fees |
2.0% p.a. |
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Subscription Fees |
up to 2.0%. |
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Other Fees |
0.5% Annual Custody Fees and 1.0% Early
Redemption Fees |
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Subscription and
redemption |
Twice Per Month. |
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| How can I
subscribe to the fund: |
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Call our BIG
phone service at toll free
800-120-1111 or
at +966 (1) 419-1797 from
outside the kingdom. |
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Visit our
website: www.bakheetgroup.com |
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| Notice: |
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This Brochure is for publicity
purposes only and does not include the full fund’s term and
conditions. For further fund details, please visit us at our
website: www.bakheetgroup.com or visit our office. |
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