Osool & Bakheet Parallel Market Equity Trading Fund

Osool & Bakheet Parallel Market Equity Trading Fund is said to be an open-ended mutual fund that invests in Saudi "Nomu - Parallel Market" enterprises. Furthermore, the portfolio manager is permitted to trade up to 75 percent of the fund's net asset value in stocks of small and medium-sized enterprises registered on the primary business.

Furthermore, the fund may invest in shares of registered public funds authorized by the Saudi Capital Market Authority (comprising the funds handled by the fund manager). Besides the possibility to spend available money in Saudi Riyal term deposits in licensed Saudi banks, where every transaction must be Shariah-compliant and certified by the fund's Shariah board.

The significant advantage of this fund is that it provides the investors with an exceptional team who possess expertise in asset management and underlying stock evaluation. Every fund investment is compliant with Shariah principles established by the Shariah board of the fund. Moreover, the fund eliminates unwanted risks.

Once you subscribe to this fund, rest assured to get the periodic reports. One of the primary goals of Osool & Bakheet Investment Company (OBIC) is to raise shareholder knowledge by describing OBIC's approach in a straightforward and consistent way. Still want to know more about the fund's performance or search for the right platform to make your investment, Nakla is your right bet.