Fund Details

The Fund's primary objective is to maximize capital growth by achieving a positive return versus its benchmark while minimizing potential risks through investing in Saudi Joint stock companies that are compliant with Sharia criteria. In addition, the fund manager is allowed to invest a 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 23 April 2019)
2.3373
Net Asset value
15,812,105
Base Currency
Saudi Riyal
Fund Category
Equity, Saudi - Sharia Compliant
Islamic Sharia Guidelines
Yes, With Sharia Committee
Valuation Frequency
Daily
Subscription/Redemption Frequency
Daily
Benchmark
S&P Saudi Arabia Shariah Index
Launch Price
1.0
Launch Date
7/4/2007
Minimum Subscription
SAR 10,000
Minimum Additional Sub./Redemption
SAR 10,000
Subscription Fees
0%
Redemption Fees
0%
Management Fees
1.5%
Other Fees
0.5% (For Early Redemption)

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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 Saudi Trading Equity Fund
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