Fund Details

The Fund is primarily designed to maximize capital growth through achieving positive returns, benchmarked by Osool & Bakheet Saudi IPO Index (calculated by S&P). The Fund mainly invests in initial public offerings of shares of Saudi joint companies during the first five years of trading Or the last 20 listed companies. In addition, the fund manager is allowed to invest maximum 50% of the fund assets in small and medium cap companies' stocks and maximum of 30% of the fund's net assets value in the Real estate investment funds and maximum of 30% of the fund's net assets value in companies that are listed in Saudi "Nomu - Parallel Market".
Unit price (As of 19 June 2019)
1.5831
Net Asset value
104,717,560
Base Currency
Saudi Riyal
Fund Category
Equity, Saudi - IPOs
Valuation Frequency
Daily
Subscription/Redemption Frequency
Daily
Benchmark
Osool & Bakheet Saudi IPO Index
Launch Price
1.0
Launch Date
1/3/2008
Minimum Subscription
SAR 10,000
Minimum Additional Sub./Redemption
SAR 10,000
Subscription Fees
None
Redemption Fees
0%
Management Fees
2.0% p.a.
Other Fees
0.5% Annual Custody Fees and 1.75% Early Redemption Fees

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Osool & Bakheet Investment Company (OBIC) is pleased to invite you to be one of our valuable clients. Upon receiving your information (below) we will contact you. All information provided by you are non-obligatory.

Fund Name
Osool & Bakheet IPO Fund
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Expected Amount
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