What is the BLOM Saudi Arabia Fund?
The BLOM Saudi Arabia Fund is an open-ended Mutual Fund, investing its assets in listed shares of Saudi companies, and managed by BLOMINVEST Saudi Arabia, member of BLOM Bank Group.
what is the BLOM Saudi Arabia Fund’s investment objective?
The fund’s objective is to generate long term capital growth.
What will the BLOM Saudi Arabia Fund invest in?
The fund’s investments are primarily financed in listed shares of Saudi Companies from different sectors (real estate, banking and finance, petrochemicals, telecommunications…)
BLOM Saudi Arabia Fund units:
•Units are priced twice a week
•Units are issued and redeemed twice a week
What are the characteristics of the BLOM Saudi Fund?
•Base currency: Saudi Riyal
•Net Asset Value: The N.A.V of the fund will be calculated twice a week
•Minimum/Additional subscription value: 10,000SAR
•Management fees: 1.78% p.a including administration and custody fees
•Placement fees: 0.5% per subscribed unit
What are the benefits of the BLOM Saudi Arabia Fund?
•A simple and convenient way to invest in Saudi Arabian Equity Market
•An opportunity to increase return and diversify investments
•A liquid investment as unit holders can join and exit the fund and have their units redeemed twice a week at any BLOM Bank branch
•Professional and prudent management of investments and risks
•Transparency and follow up in the preparation of the report showing the fund’s performance.
How do I get more information about the BLOM Saudi Arabia Fund?
•All BLOM Bank branches
•Our websites at www.blombank.com or www.blominvestbank.com
•Our eBLOM internet banking website
•Our 24-hour Call Center at 01-753000