Kamco Saudi Equity Fund

Fund Summary

Fund Structure: 
Open Ended
Launch Date: 
Nov, 2008
Domicile: 
SAUDI ARABIA
Geographic Focus: 
Saudi Arabia
Currency: 
SAUDI RIYAL (SAR)
NAV Frequency: 
Every Sunday and Tuesday
Benchmark: 
S&P Saudi Arabia Domestic price in Local Currency Index
Fund Manager: 
Kamco Investment Company
Custodian: 
HSBC Saudi Arabia Limited
Auditors: 
Ernst & Young
Regulator: 
Capital Market Authority - Saudi Arabia

Fund Objective & Strategy

Achieving long-term capital growth with predefined and controlled levels of risk, by investing in stocks listed on the Saudi stock exchange. In addition, the fund will aim to achieve returns that exceed the average by benefiting from the expected economic growth in Saudi Arabia while maintaining a suitable level of diversification for fund assets and reduction of total risk by investing in different market sectors. The fund manager selects companies selling at a discount to intrinsic value. We identify intrinsic value through rigorous fundamental analysis and research conducted by an experienced investment team. Research is done on a company-by-company basis to determine the economic worth of companies based on projected future earnings and cash flows taking into consideration economy and market activity.