The fund is a Shariah compliant open-end investment fund in Saudi stocks. The fund offers an opportunity for investors to participate in its return by investing in the funds’ units. The fund aims to achieve a relative positive return (i.e. compared to the benchmark, which is S&P Saudi Arabia Shariah Index or a similar index). In addition, the fund seeks to outperform the average return of similar competing funds (if they exist) while minimizing its risk level.
Osool & Bakheet Saudi Trading Equity Fund
Latest Price NAV
USD
1.08
as of
12/Sep/23
Objective
Key Facts
Launch Date :
6/May/07
Asset Type :
EquityBase Currency :
Saudi Arabian RiyalTotal Net Asset (USD M) :
5.45
Benchmark :
S&P Saudi Arabia Shariah CR
Dividend Type :
N.A
Income Distribution :
Retained
Total Expense Ratio % :
N.A
Geographical Focus :
Saudi Arabia
Shariah Compliant
Shariah
Performance
3 Yrs Performance
17.43
5 Yrs Performance
14.50
10 Yrs Performance
8.08
Top Holdings
1.
Alrajhi
13.88
%
2.
Saudi Aramco
12.58
%
3.
Kec
6.98
%
4.
Seera
6.19
%
5.
Maharah
5.53
%
6.
Sabic
4.88
%
7.
Catering
4.72
%
8.
Etihad Etisalat
4.59
%
9.
Alinma
4.35
%
Portfolio Composition
1.
Saudi Arabia
100
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
1.5
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
N.A
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
0.5
Actual Charge :
N.A
Contact
Company Name:
OBIC SA
Website :
http://bakheetgroup.com/