The Fund aims to develop capital in the long term by investing mainly in shares of public companies during the initial public offering of their shares, and/or in shares of new listed companies, which has not been five years since its listing or the last 30 companies that have been listed in the Saudi Stock Exchange (main and parallel Nomu). The Fund Manager will not distribute any profits to the participants, as the dividends will be reinvested in the Fund. The Fund also aims to achieve a performance that exceeds the Funds indicative index (Yaqeen Initial Offerings) index, whose performance will be announced on the Managers website
Yaqeen IPO Fund
Latest Price NAV
USD
1383.61
as of
11/Sep/23
Objective
Key Facts
Launch Date :
12/Jul/08
Asset Type :
EquityBase Currency :
Saudi Arabian RiyalTotal Net Asset (USD M) :
11.94
Benchmark :
Index is not available on Lipper Database
Dividend Type :
N.A
Income Distribution :
Retained
Total Expense Ratio % :
N.A
Geographical Focus :
Saudi Arabia
Shariah Compliant
Shariah
Performance
3 Yrs Performance
24.99
5 Yrs Performance
18.77
10 Yrs Performance
7.90
Top Holdings
1.
Saudi Aramco
6.6
%
2.
Solutions
6.5
%
3.
Cenomi Centers
4.4
%
4.
Marafiq
4.3
%
5.
Riyadh Cement
4.1
%
6.
Maharah
4
%
7.
Elm
3.7
%
8.
Saudi Re
3.7
%
9.
Seera
3.4
%
10.
YSCC
3
%
Portfolio Composition
1.
Saudi Arabia
82.29
%
2.
Cash
17.71
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
1.75
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
1.5
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
0.5
Maximum Charge:
1
Actual Charge :
N.A
Contact
Company Name:
Falcom Financial
Website :
www.falcom.com.sa