Alkhabeer Growth and Income achieves net profit of SAR 164.5 mln during Q1

Alkhabeer Capital announced on Sunday the availability of the interim financial statements of Alkhabeer Growth and Income Traded Fund for the period ended on 30 June 2023. The following is a summary of the interim financial results of the period:

Net Assets: 1,108,630,972 SAR

Total Expenses and Fees: 6,834,355 SAR

Net Profit/(Loss): 164,540,153 SAR

Number of the Outstanding Units: 100,000,000

Net Unit Value for Unit: 11.09 SAR

Revenue of the period %16.45

The Fund Manager also clarifies that there is an increase in the net value of the Fund’s assets by (17.43 %) over the declared value, as of 31 December 2022, and the reason for this increase is due to the asset allocation of the Fund in the global markets and its market impact.