Tamra Capital
Subscription for Gen Z: If you're born between 1997-2012, your monthly subscription fee is just 1 SAR! Your investment journey just got closer. Tamra capital is here to help provide solutions, financial advice, and investment management. Learn more in this thread by Imtinan and Leen
About Tamra capital: A Saudi company licensed by the Capital Market Authority, located in Jeddah. It began operations in financial advisory on August 26, 2020. The company received its investment management license on January 14, 2021. Approved to conduct business by the Capital Market Authority on November 23, 2021.
Activities:
o Advisory: Aimed at guiding individuals towards the best investment paths, aligned with their financial situation, to achieve their goals.
o Investment Management: Streamlining investment through a smart digital platform tailored for individual portfolio management, diversified with exchange traded funds (ETFs).
Investment Strategy: Tamra capital employs a latent investment strategy, considered one of the best options for individuals over the long term. They offer four types of portfolios to cater to varying investor preferences, aiming to facilitate access to financial markets.
Gen Z Account: To encourage young people to develop investment habits, Tamra launched the "Gen Z" account for those under 25, with a monthly management fee of just 1 SAR (excluding VAT). Once total investments exceed 60,000 SAR, regular fees apply (0.4% annually of the invested amount, excluding VAT).
Fees for 26 and Older: The annual subscription fee for all portfolios is 20 SAR per month (excluding VAT). If the average market value of the portfolio exceeds 60,000 SAR, the monthly fee is 0.033% (excluding VAT), automatically deducted from the portfolio.
Types of Portfolios:
o Conservative Portfolio: Focuses on Sukuk (Islamic bonds), comprising over half the portfolio to mitigate risk, with the rest allocated to U.S. equities, real estate, and gold to promote growth and hedge against inflation.
Average return: 4-6%.
o Moderate Portfolio: Sukuk makes up 50% of the portfolio, ensuring stability, with the rest spread across other assets.
Average return: 6-8%.
o Adventurous Portfolio: For those willing to take on higher risk. Equities make up half of this portfolio, with the remainder distributed among Sukuk, real estate, and gold.
Average return: 8-10%.
o Risky Portfolio: Primarily focuses on U.S. equities, taking on more risk in pursuit of higher returns, with smaller allocations to Sukuk, real estate, and gold.
Average return: 10-12%.
Performance Growth (2023): Tamra capital saw a revenue jump in 2023, growing from 708,000 SAR to 4.67 million SAR. This growth was attributed to the expansion of its client base and successful strategic growth plans.
Operating Expenses: Operating expenses increased from 338,000 SAR in 2022 to 1.02 million SAR in 2023, reflecting the company's investments and expansion activities.
Reduction in Losses: Despite increased operational costs, Tamra capital reduced its losses from 9.84 million SAR in 2022 to 4.09 million SAR in 2023. Additionally, liquidity was strengthened by increasing cash reserves from 3.57 million SAR to 5.43 million SAR.
New Portfolio - Children's Investment: A new "Children's Portfolio" will soon be launched, offering a unique service allowing parents to open investment accounts specifically for their children (under 18 years old). This account will legally belong to the child, unlike existing investment accounts under the parent's name.
Resources:
o Tamra capital website https://tamracapital.sa /
o Independent Auditor's Report and Financial Statements https://tamracapital.sa/assets/pdf/Tamra Capital-Audited-FS-2023.pdf/