Kamco Freestyle Saudi Equity Fund

Fund Summary

Fund Structure
Open Ended
Launch Date
Nov, 2024
Domicile
Saudi Arabia
Geographic Focus
Saudi Arabia
Currency
Saudi Riyal (SAR)
NAV Frequency
Daily
Benchmark
S&P Saudi Arabia Shariah Index
Fund Manager
Kamco Investment Company
Custodian
HSBC Saudi Arabia Limited
Auditors
Ernst & Young
Regulator
Capital Market Authority - Saudi Arabia
Sharia Advisory
Shariyah Review Bureau

Fund objective & Strategy

An open-ended public equity fund designed to achieve long-term capital growth by primarily investing in public equities, including initial public offerings (IPOs) on the Saudi Stock Exchange (Tadawul) and the parallel market (Nomu), in compliance with Sharia standards. Additionally, the fund invests in money market transactions (in Saudi Riyals), publicly offered funds that adhere to Sharia standards, listed real estate investment trusts (REITs), and equity investment trusts listed on any Saudi financial market, all in accordance with Sharia standards.

Performance

Net Asset Value (NAV)

NAV Date:
Fund NAV:
10.3655

Factsheet

Past performance is not a guide to future returns. All the information contained in this document is believed to be reliable but may be inaccurate or incomplete. A full explanation of the characteristics of the investment is given in the prospectus. Any opinions stated are honestly held but are not guaranteed. The outlook expressed in this factsheet represents the views of the fund manager at the time of preparation and are not necessarily those of the Kamco Investment Company as a whole. They may be subject to change and should not be interpreted as investment advice. The document is meant for financial promotion and does not provide you with all the facts you need to make an informed decision about investing and hence is not intended to constitute investment advice. The information provided should not be considered as a recommendation or solicitation to purchase, sell or hold these securities. It should also not be assumed that any investment in these securities was or will be, profitable.