Osool Bakheet Parallel Market Trading Equity Fund, managed by Osool Bakheet Investment Co., emerged as the top-performing fund, delivering a return of 33.9%. The fund aims to grow capital by investing in the shares of companies listed on the Nomu-Parallel Market and small and medium-sized enterprises (SMEs) listed on the Main Market. The fund is also authorized to invest in Saudi equity and money market funds publicly offered and licensed by the relevant authority.
Riyad Emaar Fund, managed by Riyad Capital, secured second place with a positive performance of 31.6%. The fund focuses on achieving long-term capital growth by primarily investing in the shares of Saudi-listed companies operating in the construction, real estate, and cement sectors, as well as other companies related to these industries.
BLOM Saudi Arabia Fund, managed by BLOMINVEST Saudi Arabia Co., ranked third with a positive return of 17.4%. This fund intends to achieve long-term capital growth by investing in securities listed on the Tadawul All Share Index (TASI), units of other funds, or collective investment schemes established under Saudi laws and regulations.
Top Performers in 2024 as per Prices on Dec. 31, 2024*
Fund
Fund Manager
NAV
(SAR mln)
YoY Change
Osool Bakheet Parallel Market Trading Equity Fund
Osool Bakheet Investment
25.0
33.9%
Riyad Emaar Fund
Riyad Capital
47.4
31.6%
BLOM Saudi Arabia Fund
BLOMINVEST Saudi Arabia
28.9
17.4%
Albilad Freestyle Saudi Equity Fund
Albilad Capital
74.8
17.0%
Musharaka Saudi Equity Fund
Musharaka Capital
2.5
16.8%
SAB Invest Saudi Companies Equity Fund
SAB Invest
58.0
16.8%
Jadwa Saudi Equity Fund-Class C
Jadwa Investment
41.6
16.7%
Alistithmar Capital Saudi Equity Fund
Alistithmar Capital
77.4
16.5%
GIB Saudi Equity Opportunities Fund – Class C
GIB Capital
67.7
15.9%
GIB Saudi Equity Fund – Class C
GIB Capital
61.9
15.7%
Osool Bakheet Parallel Market Trading Equity Fund, managed by Osool Bakheet Investment Co., emerged as the top-performing fund, delivering a return of 33.9%. The fund aims to grow capital by investing in the shares of companies listed on the Nomu-Parallel Market and small and medium-sized enterprises (SMEs) listed on the Main Market. The fund is also authorized to invest in Saudi equity and money market funds publicly offered and licensed by the relevant authority.
Riyad Emaar Fund, managed by Riyad Capital, secured second place with a positive performance of 31.6%. The fund focuses on achieving long-term capital growth by primarily investing in the shares of Saudi-listed companies operating in the construction, real estate, and cement sectors, as well as other companies related to these industries.
BLOM Saudi Arabia Fund, managed by BLOMINVEST Saudi Arabia Co., ranked third with a positive return of 17.4%. This fund intends to achieve long-term capital growth by investing in securities listed on the Tadawul All Share Index (TASI), units of other funds, or collective investment schemes established under Saudi laws and regulations.
Top Performers in 2024 as per Prices on Dec. 31, 2024*
Fund
Fund Manager
NAV
(SAR mln)
YoY Change
Osool Bakheet Parallel Market Trading Equity Fund
Osool Bakheet Investment
25.0
33.9%
Riyad Emaar Fund
Riyad Capital
47.4
31.6%
BLOM Saudi Arabia Fund
BLOMINVEST Saudi Arabia
28.9
17.4%
Albilad Freestyle Saudi Equity Fund
Albilad Capital
74.8
17.0%
Musharaka Saudi Equity Fund
Musharaka Capital
2.5
16.8%
SAB Invest Saudi Companies Equity Fund
SAB Invest
58.0
16.8%
Jadwa Saudi Equity Fund-Class C
Jadwa Investment
41.6
16.7%
Alistithmar Capital Saudi Equity Fund
Alistithmar Capital
77.4
16.5%
GIB Saudi Equity Opportunities Fund – Class C
GIB Capital
67.7
15.9%
GIB Saudi Equity Fund – Class C
GIB Capital
61.9
15.7%
