About Osool and Bakheet IPO Fund
Osool and Bakheet IPO Fund is an investment fund profile on SNDUK. This page explains Osool and Bakheet IPO Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
Osool and Bakheet IPO Fund is managed by Osool & Bakheet. Fund type: equity. Fund code: OIF. Assets under management: 26675075. Minimum investment: 10,000 ريال. Inception date: 3/15/2008.
Osool & Bakheet IPO Fund is an open-ended public equity investment fund managed by Osool & Bakheet Investment Company. It aims to achieve capital growth by generating positive added value compared to its benchmark, a custom IPO index calculated independently by IdealRatings, while seeking to minimize risk as much as possible. The fund is classified as high-risk, and its investments are concentrated in the Saudi financial market.
The fund's investment strategy focuses on investing in shares of Saudi joint-stock companies offered through initial public offerings (IPOs), as well as companies listed within the past five years or the 20 most recently listed companies. The fund may also invest up to 50% of its net assets in shares of Saudi small- and mid-cap companies, up to 30% in listed REIT units, and up to 30% in shares of companies listed on the Parallel Market (Nomu). Available cash may be invested in low-risk, highly liquid Saudi riyal-denominated instruments, such as money market funds and bank deposits.
Subscriptions and redemptions are available on every day the Main Market is open. Subscription requests, accompanied by full payment, and redemption requests are accepted before the Main Market closes. Requests are executed at the unit price at the close of the following dealing day. The minimum amount for subscriptions, additional subscriptions, and redemptions is SAR 10,000. Redemption proceeds are transferred before the close of business on the sixth day following the relevant dealing day.
Osool and Bakheet IPO Fund fund details
Osool and Bakheet IPO Fund is managed by Osool & Bakheet. The asset manager oversees portfolio decisions and fund operations for Osool and Bakheet IPO Fund.
Osool and Bakheet IPO Fund is classified as a equity fund, which shapes its risk profile and investment universe.
Investors can identify Osool and Bakheet IPO Fund in market data using fund code OIF.
Osool and Bakheet IPO Fund reports assets under management of 26675075.
The minimum investment amount to participate in Osool and Bakheet IPO Fund is 10,000 ريال.
Osool and Bakheet IPO Fund was launched on 3/15/2008, giving investors a track record to evaluate long-term performance.
Osool and Bakheet IPO Fund performance summary
Return over 1 week: -4.1456%. Return over 1 month: -8.4281%. Return over 3 months: -10.1504%. Return over 6 months: -11.2142%. Return over 1 year: -22.4405%. Return over since inception: +152.72%.
Use this SNDUK fund page to review Osool and Bakheet IPO Fund returns, manager details, and strategy before investing.
SNDUK publishes Osool and Bakheet IPO Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
