Bait Al Mal Al Khaleeji (BMK)
Bait Al Mal Al Khaleeji (BMK) BMK IPO Fund
Annual Report—2015
NAV : SAR 117,949,338
YTD : 34.48%
Current Price : SAR 14.0577
Investment Strategy
Asset Class: Open-Ended
The fund managed by Bait Al Mal AL Khaleeji
Inception Date: 4102-00– 01
Fund Manager: Bait Al Mal AL Khaleeji
Fund Classification: Growth
fund's assets.
Fund Benchmark : S&P IPO
Fund Objective
Fund Category : Equity
Fund Currency: Saudi Riyals
Price Since Inception : SAR 10.00
follows 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
The fund aims to achieve capital growth by investing primarily in the initial offerings and shares newly listed companies.
Management Fee 1.75 %
Performance Fee 0.00 %
Statistics Analysis Performance Average Return
1Year
0.29%
Management Fee Per annum Min. Subscription 10,000 Type
3 years
-
5 Years
-
Subscription Fee
3.00 %
Min. Redemption 10,000
Redemption Fee
1.50%
Custodian Fee
0.25 %
Comment Annualized Return
34.48%
-
-
Annualized Standard Deviation
14.11%
-
-
Sharpe Ratio
2.30
-
-
BMK IPO fund has ranked the first , on YTD basis among the Mutual Funds listed on Saudi Stock Market , reaching 34.48% by the end of 2015. The fund invests most of its assets in IPOs and newly listed Saudi equities on the Saudi Stock Market. With Sharpe ratio 2.30 and with Average Return of 0.26% by the end of 2015 While the Standard Deviation has reached 14.11%
Portfolio Composition Sector allocation
Sector Breakdown Percentage
Transportation
%62.05
Retail
%21.79
Hotels & Tourism
%16.16
Total
%100.00
Fund Return
Fund Return Period
,
Fund Return
1-Month
%0.28-
3-months
%0.65-
1 year
%33.50
YTD
%34.47
Since inception
%40.57
Top Investors Price Fluctuations 2015 Company
Concentration ratio
Saudi Graound Services Company
0.17%
Farm
0.06%
Al Hokair
0.02%
Performance
Assets & Liabilities Dec– 2014 Total Assets
7,757,625
Total liabilities
2,328,669
Total equity
5,428,956
Net Income
4,556,859
The Fund’s YTD reached 34.48% at the end of 2015 compared to 4.53% by the end of 2014
The Risk Level in this fund is high.
Annual Report 2015
Fund Manager: Bait Al Mal AL Khaleeji
Argaam
Fund : BMK IPO Fund
Mutual Fund Department
Annual Report—2015
NAV : SAR 117,949,338
YTD : 34.48%
Current Price : SAR 14.0577
Investment Strategy
Asset Class: Open-Ended
The fund managed by Bait Al Mal AL Khaleeji
Inception Date: 4102-00– 01
Fund Manager: Bait Al Mal AL Khaleeji
Fund Classification: Growth
fund's assets.
Fund Benchmark : S&P IPO
Fund Objective
Fund Category : Equity
Fund Currency: Saudi Riyals
Price Since Inception : SAR 10.00
follows 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
The fund aims to achieve capital growth by investing primarily in the initial offerings and shares newly listed companies.
Management Fee 1.75 %
Performance Fee 0.00 %
Statistics Analysis Performance Average Return
1Year
0.29%
Management Fee Per annum Min. Subscription 10,000 Type
3 years
-
5 Years
-
Subscription Fee
3.00 %
Min. Redemption 10,000
Redemption Fee
1.50%
Custodian Fee
0.25 %
Comment Annualized Return
34.48%
-
-
Annualized Standard Deviation
14.11%
-
-
Sharpe Ratio
2.30
-
-
BMK IPO fund has ranked the first , on YTD basis among the Mutual Funds listed on Saudi Stock Market , reaching 34.48% by the end of 2015. The fund invests most of its assets in IPOs and newly listed Saudi equities on the Saudi Stock Market. With Sharpe ratio 2.30 and with Average Return of 0.26% by the end of 2015 While the Standard Deviation has reached 14.11%
Portfolio Composition Sector allocation
Sector Breakdown Percentage
Transportation
%62.05
Retail
%21.79
Hotels & Tourism
%16.16
Total
%100.00
Fund Return
Fund Return Period
,
Fund Return
1-Month
%0.28-
3-months
%0.65-
1 year
%33.50
YTD
%34.47
Since inception
%40.57
Top Investors Price Fluctuations 2015 Company
Concentration ratio
Saudi Graound Services Company
0.17%
Farm
0.06%
Al Hokair
0.02%
Performance
Assets & Liabilities Dec– 2014 Total Assets
7,757,625
Total liabilities
2,328,669
Total equity
5,428,956
Net Income
4,556,859
The Fund’s YTD reached 34.48% at the end of 2015 compared to 4.53% by the end of 2014
The Risk Level in this fund is high.
Annual Report 2015
Fund Manager: Bait Al Mal AL Khaleeji
Argaam
Fund : BMK IPO Fund
Mutual Fund Department
