Alkhabeer Capital Reports Robust Half-Year Performance for Alkhabeer Growth and Income Traded Fund

Alkhabeer Capital, a leading investment firm, has announced the interim financial statements for its Alkhabeer Growth and Income Traded Fund as of June 30, 2024. The report highlights a substantial net profit and a significant increase in net assets, demonstrating a strong performance in a dynamic market environment. The fund's strategic asset allocations have yielded impressive results, with revenue growth of 12.47% during the half-year period. The company's commitment to transparency is evident in its timely disclosure of financial statements, providing investors and stakeholders with a comprehensive understanding of the fund's financial health.

Key Takeaways:

• Alkhabeer Growth and Income Traded Fund reported a net profit of 85.19 million SAR as of June 30, 2024, reflecting a robust half-year performance.
• The fund's net assets reached 855.91 million SAR by the end of June 2024, demonstrating a significant increase in net assets.
• Total expenses and fees incurred during the period were recorded at 5.35 million SAR, highlighting the fund's efficiency in managing costs.
• The net unit value per outstanding unit was calculated at 12.136 SAR, with a total of 70,524,300 units outstanding.
• The fund reported revenue growth of 12.47% for the half-year, underscoring the success of its strategic asset allocations.
• Alkhabeer Capital has made a copy of the interim financial statements available on its official website, ensuring that investors and stakeholders have access to detailed information about the fund's performance.

Statistics:

• Net profit: 85.19 million SAR
• Net assets: 855.91 million SAR (as of June 30, 2024)
• Total expenses and fees: 5.35 million SAR
• Net unit value per outstanding unit: 12.136 SAR
• Revenue growth: 12.47% (half-year)
• Total outstanding units: 70,524,300 units

Sources:

• Saudi Exchange: Jeddah -- 11 Aug 2024
• Alkhabeer Capital: Official website (interim financial statements)