Global Investment House – Saudia announces the availability of the preliminary financial statement of Global Saudi Equity Fund for the period ended 30/06/2019

Global Investment House – Saudia announces the availability of initial reports. The Following is the summary of the preliminary financial results for the period ended 30/06/2019.

 

  • Net Assets value at the end of the period: SAR 655,363,033
  • Total expenses and fees for the period: SAR 6,703,576
  • Net Profit for the period: SAR 85,396,777
  • Number of Units as the end of the period: 2,230,888
  • Net Asset Value per Unit : SAR 293.7678
  • Return YTD: 15.00%

 

Global Investment House Saudia announces the availability of the annual report of the Saudi Equity Fund.

Global Investment House (Saudi Arabia) announces the availability of the audited annual results of the Fund. The following is  summary of the annual financial results for the fiscal year ending 31 December 2018.

 

Global Investment House Saudia announces the update of the Information Memorandum/ Key Fact Sheet of Global Saudi Equity Fund

Global Investment House Saudia announces the update of the Information Memorandum/ Key Fact Sheet of Global Saudi Equity Fund as of 21/07/1440H, corresponding to 28/03/2019. For more details please click here.

Global Investment House Saudia announces the update of the terms and conditions of Saudi Global Equity Fund

Global Investment House Saudia announces the update of the terms and conditions of the Global Saudi Equity Fund as of 21/07 /1440H corresponding to 28/03/2019. For the updated terms and conditions, please click here.

Global Saudi Equity Fund outperforms TASI and ranks among top 5 best performing conventional funds in the Kingdom

In 2018 and for the second consecutive year, Global Saudi Equity Fund ranked amongst the 5 best performing conventional funds and 10 best performing equity funds in a universe of 90 shariah and conventional funds in the Saudi market. The fund has outperformed the respective benchmark Tadawul All Shares Index (“TASI”) by 92% since inception (Fund 155.5% vs TASI 63.4%) and 7.4% in 2018 (Fund 15.7% vs TASI 8.3%).

Faisal Mansour Sarkhou

Faisal was appointed as Chief Executive Officer of Kamco Invest in 2014 and has led the company to become one of the key players in the regional financial services sector. He enjoys a wealth of experience in investment services namely investment banking and asset management.