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)