The fund mainly invests in companies that are listed in Saudi “Nomu – Parallel Market”. In addition, the fund manager is allowed to invest a maximum of 75% of the fund’s net assets value in small and medium cap companies’ shares that are listed in main market. Besides, fund can invests in units of listed public funds that are licensed by Saudi Capital Market Authority. In addition to the ability of investing available cash in term deposits in Saudi Riyal in licensed Saudi banks, where all investments to be compatible with Shariah guidelines that approved by the fund’s Shariah committee.
Osool & Bakheet Parallel Market Trading Equity
Latest Price NAV
USD
1.10
as of
7/Sep/23
Objective
Key Facts
Launch Date :
4/Apr/17
Asset Type :
EquityBase Currency :
Saudi Arabian RiyalTotal Net Asset (USD M) :
5.64
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
20.14
5 Yrs Performance
37.52
10 Yrs Performance
N.A
Top Holdings
1.
Riyadh Cement
19.05
%
2.
Academy Of Learning
8.86
%
3.
Jahez
6.3
%
4.
Cmcer
4.89
%
5.
Tibbiyah
4.75
%
6.
Sure
4.7
%
7.
Watani Steel
4.67
%
8.
Obeikan Glass
4.54
%
9.
Banan
4.34
%
10.
Ame
4.23
%
Portfolio Composition
1.
Saudi Arabia
100
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
2
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
N.A
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
3
Actual Charge :
N.A
Contact
Company Name:
OBIC SA
Website :
http://bakheetgroup.com/