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 18 July 2019)
Net Asset value
Equity, Saudi - IPOs
Osool & Bakheet Saudi IPO Index
Minimum Additional Sub./Redemption
0.5% Annual Custody Fees and 1.75% Early Redemption Fees