BMK IPO Fund

An open-ended fund, Bmk IPO fund is widely recognized in Saudi Arabia due to the returns its offers on the investment. However, it’s essential for the investors to keep a track on the performance of the fund before making a final decision of investment. Being high-risk in nature, the fund is highly volatile and requires investors to plan their investments for a significant period. 

This fund is perfect for such individuals who possess high-risk appetite and doesn’t get impacted by market fluctuations. When it comes to investing, the fund majorly makes the investment in organizations registered by Saudi Arabia. The fund aims to gain wealth appreciation by making the investment in Initial Public Offerings and newly registered organizations in the Saudi exchange market. This helps them earn positive returns related to the standard set by the BMK Standard & Poor’s IPO Index.

The shareholders of the fund may check out the webpage of the money managers to get detailed data about the index. The fund is responsible for investing all the liquid cash in the money market fund and IPO funds that have received license from the Saudi Capital Market Authority. They do not distribute the profits earned on the investment.