Established in the year 2008, BLOMINVEST Saudi Arabia started its journey with a paid-up capital of SAR 245 million. Certified by the Capital Market Authority, the company offers services such as Handling as a Principal, Broker, and Underwriter, Equity Funds, and Customer Portfolio Management, Organizing, Recommending, and Offering Custody in the Securities Industry.
On May 30, 2009, BLOMINVEST commenced its services. The company provides various financial services, including capital management, fund management, and commercial banking and consultancy. BLOMINVEST aspires to strengthen its customers' and shareholders' fiscal resilience by using the extensive knowledge of its workforce while adhering to the highest level of integrity, honesty, compassion, and diligence.
The company aims to be a premier supplier of value-added investment and financing goods tailored to customer needs. They need to deliver quality advisory services that use the firm's intellectual capital and creative methodology to develop worth and protect capital.
Moreover, the firm aims to build a reputable investment banking institution guided by prudence and honesty. They are dedicated to their residential and commercial clients, with cross-linkages between the owners' local presence and Saudi Arabia.
This fund invests in stocks registered on the Saudi Arabia Tadawul exchange market. The present financial strategy has a Core/Satellite framework, with the Core aimed to produce alpha using a bottom-up regulations method that addresses a combination of success driving elements.
The Satellite distribution is utilized to transmit strong buy-side convictions via specific individual names and sectoral distribution modifications while maintaining brilliant market timing and risk assessment. In the occurrence of a desirable IPO, the fund will aim to buy an amount proportionate to the projected return potential.
The expert team of professionals possesses high competency and abilities due to their worldwide experience working in multinational organizations. They have substantial resources in Capital Management, Brokerage, Commercial Banking, Mergers & acquisitions, Corporate Development, Accounting, Information Technology, Logistics, Regulation, and Risk Assessment.
You can either invest offline or online when it comes to investing in BLOMINVEST Saudi Arabia mutual fund via the asset management company. Just go to the fund's head office nearby and request the fund's application form. After that, fill in all the credentials and submit the form duly signed along with all the other essential documents. Also, you may send the first payment via cheque, and you will be assigned a PIN and folio number.
Simultaneously, you can check out the fund's official website and explore the fund you want to invest in. Read all the information about the fund, check the performance and then decide based on your risk appetite and budget. Complete the form with all the credentials and information. Attach all the required documents and click on submit to make the investment.
If you find it challenging to make an investment on your own, you can connect with a broker who deals in mutual funds. They can help you in making an informed decision. These brokers possess immense knowledge in this sector and hold all the necessary information related to the fund.
Before making any investment, they explain to you the ins and outs of spending in this fund and explain to you about the market trends and fund performance. After that, once you give the confirmation, they spend on your behalf. However, they will charge some amount for their services and make an investment on your behalf.
There are many who wish to make any kind of investment on their own and do not need anyone's help. If you are among them, the best option is to download an investment app on your mobile phone and start investing. Search for the BLOMINVEST Saudi Arabia mutual fund.
Go through the fund description. Read about the fund's performance, their investment managers, check the performance graph, and many more. Once you are fully satisfied and decide which fund you want to invest in, proceed with the process. Follow the procedure stated in the app and finally make the payment.
If you wish to withdraw BLOMINVEST Saudi Arabia mutual fund, you can do it without hassle. You can contact the asset management company or brokers and request them to complete the withdrawal process on your behalf. Simultaneously, you can also withdraw the funds on your own if you have made the investment via an investment app like Nakla. You need to log in to the app and complete the withdrawal process.
If you wish to withdraw BLOMINVEST Saudi Arabia mutual fund, you can do it without hassle. You can contact the asset management company or brokers and request them to complete the withdrawal process on your behalf. Simultaneously, you can also withdraw the funds on your own if you have made the investment via an investment app like Nakla. You need to log in to the app and complete the withdrawal process.