IPO Fund

A public investment Fund compliant with Islamic Shari’a, established in Saudi Arabia for the purpose of capital growth through investing primarily in IPOs and shares rights issues in Saudi Arabia as well as investing in other listed companies in the Saudi Stock market which were newly listed during the last three years, provided it complies with the standards of Islamic Shari’a.

Fund’s commencement date 2 August 2015
Type of the fund Public Open-ended Investment Fund, in compliance with Islamic Shari’a
Fund’s category Local stocks
Fund’s benchmark Ideal Ratings
Fund’s sub-manager EFG Hermes Saudi Arabia

For the Fund’s terms and conditions, and for more information, please download the following file:

NOMW IPO Fund’s performance (on Tadawul’s website)