The Fund employs a commodity trading strategy that leverages regional price disparities between origin countries and MENA destination markets, while reinforcing food security infrastructure.

The fund aims to make a quarterly cash distribution, with the option for reinvestment. The targeted quarterly distribution of 10% per annum with expected Fund Return of approximately 12% per annum, after fees and operating expenses.

The fund employs a structured investment approach focused on physical grain commodity trading. The fund sources bulk grains from producing countries and facilitates their distribution across MENA markets through an asset-backed operational model.

The investment process begins with comprehensive monitoring of global grain markets, tracking price movements and supply-demand dynamics in key producing regions including but not limited to the European Union, and Black Sea territories. Simultaneously, we assess demand requirements and specifications from buyers across MENA markets to ensure optimal trade matching.

The fund operates under a direct purchase model, it acquires physical grain commodities through a disciplined procurement process. This involves soliciting competitive quotes from suppliers, conducting thorough credit evaluations of counterparties, and negotiating commercial terms that align with matched purchase and sale agreements. Each transaction is structured to maintain an asset-backed position, ensuring capital preservation.

Quality control is paramount throughout our investment process. Independent third-party inspections verify grain quality and specifications prior to shipment. Physical delivery is coordinated via chartered vessels to designated MENA ports, with BAGS Capital overseeing the entire logistics chain to ensure timely and compliant execution.

The fund mitigates exposure to commodity price volatility, the trading methodology of the fund will eliminate the negative price fluctuation impacts of the concluded grain commodities, as the fund will confirm the purchasing price and the sale price in close time proximity, which works as a price hedging mechanism to ensure the minimization or elimination of price risk. This derivatives overlay protects the fund against adverse price movements between purchase and delivery.

Transactions are finalized either through confirmed Letters of Credit from qualified buyers or through advanced cash settlement, providing payment security and counterparty assurance. The typical trade cycle ranges from 45 to 60 days, enabling efficient capital deployment and portfolio turnover while maintaining robust risk controls throughout the investment lifecycle.

The Fund Manager closely monitors the performance of the Fund to ensure a complete adherence to all investment and regulatory guidelines. The Fund is periodically reviewed by the internal auditors, annually audited by the external auditors and is registered with the Central Bank of Bahrain.

Share Applications made during the Initial Offer Period will be made at par value of US$ 1 per share with a minimum subscription amount of US$ 100,000. Share Applications made subsequent to the Initial Offer Period will be made quarterly at a NAV based price determined by the Fund the Administrator on the deemed allocation date relevant to each Share application.

Investors benefit from flexible exit options, with redemptions available 90-day after notice; following the completion of the first subscription year.

The investment in the Fund involves a significant risk. The shares are speculative and suitable only for prospective shareholders who are in a position to assess and bear the economic risk of their investments, including the possibility of the complete loss of such investments.