Bait Al Mal Al Khaleeji (BMK) BMK IPO Fund
Bait Al Mal Al Khaleeji (BMK) BMK IPO Fund
First Interim - 2015 Report
NAV : SAR 217,337,005
YTD : 33.34 %
Investment Strategy The fund managed by Bait Al Mal AL Khaleeji fol-
Current Price : SAR 13.93
Asset Class: Open-Ended
Inception Date: 29-10-2014
Fund Manager: Bait Al Mal AL Khaleeji
Fund Classification: Growth
Fund Benchmark : S&P IPO
Fund Category : Equity
Fund Currency: Saudi Riyals
Price Since Inception : SAR 10.00
lows an investment strategy through investing in a variety of sectors in the Saudi stock market without focusing on a particular sector or industry, thus investing in one source does not exceed 10% of the net asset value of the fund's assets.
Fund Objective The fund aims to achieve capital growth by investing primarily in the initial offerings and shares newly listed companies.
Statistics Analysis Performance Q1
Average Return
-0.06%
First Interim 0.54%
Management Fee 1.75 %
Since Incep1Year tion
0.54%
0.47%
Performance Fee 0.00 %
Management Fee Per annum Min. Subscription 10,000 Type Subscription Fee
2.00 %
Min. Redemption 10,000
Redemption Fee
1.50%
Custodian Fee
0.25 %
Comment Annual Return
-0.73%
6.31%
6.31%
5.50%
Standard De2.64% viation
6.37%
6.37%
5.70%
Sharpe Ratio -1.036
0.68
0.68
0.61
BMK IPO fund has ranked the first , on YTD basis, among the Mutual Funds listed on Saudi Stock Market , with YTD reaching 33.34% by end of the first interim 2015 The fund invests most of its assets in IPOs and newly listed Saudi equities on the Saudi Stock Market. With Sharpe ratio 0.39 , information ratio 0.68 , with Annual Return of 6.31% through the first interim of 2015 compared to - 0.73% in Q1. The Fund’s Standard Deviation was 6.37% compared to 2.64% in Q1, thereby implying a lower risk level.
Portfolio Composition Sector allocation Transportation Retail Construction & Real Estate Hotels & Tourism
Sector Breakdown Percentage
,
99.42% 0.30% 0.19% 0.09%
Fund Return Fund Return Period
Fund Return
1-Month
14.01%
3-months
38.80%
6-months
33.34%
YTD
33.34%
Since inception
39.39%
Top Investors Company
Top Investors- concentration Ratio Concentration ratio
Saudi Graound Services Company
39.17%
Al Hammadi
0.05%
Bawan
0.03%
National Medical Care
0.03%
Al Hokair
0.02%
Assets & Liabilities Dec– 2014
Price Fluctuations - First Interim 2015 Dec-2013
Total Assets
7,757,625
0
Total liabilities Total equity
2,328,669
0
5,428,956
0
Net Income
4,556,859
0
Performance
The Fund’s YTD reached 33.34% on 30-6-2015 compared to a YTD of -1.91% on 31-3-2015
The Risk Level in this fund is high.
First Interim Report
Fund Manager: Bait Al Mal AL Khaleeji
Argaam Plus
Fund : BMK IPO Fund
Mutual Fund Department
First Interim - 2015 Report
NAV : SAR 217,337,005
YTD : 33.34 %
Investment Strategy The fund managed by Bait Al Mal AL Khaleeji fol-
Current Price : SAR 13.93
Asset Class: Open-Ended
Inception Date: 29-10-2014
Fund Manager: Bait Al Mal AL Khaleeji
Fund Classification: Growth
Fund Benchmark : S&P IPO
Fund Category : Equity
Fund Currency: Saudi Riyals
Price Since Inception : SAR 10.00
lows an investment strategy through investing in a variety of sectors in the Saudi stock market without focusing on a particular sector or industry, thus investing in one source does not exceed 10% of the net asset value of the fund's assets.
Fund Objective The fund aims to achieve capital growth by investing primarily in the initial offerings and shares newly listed companies.
Statistics Analysis Performance Q1
Average Return
-0.06%
First Interim 0.54%
Management Fee 1.75 %
Since Incep1Year tion
0.54%
0.47%
Performance Fee 0.00 %
Management Fee Per annum Min. Subscription 10,000 Type Subscription Fee
2.00 %
Min. Redemption 10,000
Redemption Fee
1.50%
Custodian Fee
0.25 %
Comment Annual Return
-0.73%
6.31%
6.31%
5.50%
Standard De2.64% viation
6.37%
6.37%
5.70%
Sharpe Ratio -1.036
0.68
0.68
0.61
BMK IPO fund has ranked the first , on YTD basis, among the Mutual Funds listed on Saudi Stock Market , with YTD reaching 33.34% by end of the first interim 2015 The fund invests most of its assets in IPOs and newly listed Saudi equities on the Saudi Stock Market. With Sharpe ratio 0.39 , information ratio 0.68 , with Annual Return of 6.31% through the first interim of 2015 compared to - 0.73% in Q1. The Fund’s Standard Deviation was 6.37% compared to 2.64% in Q1, thereby implying a lower risk level.
Portfolio Composition Sector allocation Transportation Retail Construction & Real Estate Hotels & Tourism
Sector Breakdown Percentage
,
99.42% 0.30% 0.19% 0.09%
Fund Return Fund Return Period
Fund Return
1-Month
14.01%
3-months
38.80%
6-months
33.34%
YTD
33.34%
Since inception
39.39%
Top Investors Company
Top Investors- concentration Ratio Concentration ratio
Saudi Graound Services Company
39.17%
Al Hammadi
0.05%
Bawan
0.03%
National Medical Care
0.03%
Al Hokair
0.02%
Assets & Liabilities Dec– 2014
Price Fluctuations - First Interim 2015 Dec-2013
Total Assets
7,757,625
0
Total liabilities Total equity
2,328,669
0
5,428,956
0
Net Income
4,556,859
0
Performance
The Fund’s YTD reached 33.34% on 30-6-2015 compared to a YTD of -1.91% on 31-3-2015
The Risk Level in this fund is high.
First Interim Report
Fund Manager: Bait Al Mal AL Khaleeji
Argaam Plus
Fund : BMK IPO Fund
Mutual Fund Department
