Al Rajhi GCC Equity Fund

Asset Management

Objective

To achieve long term capital appreciation by investing in shares of Shariah compliant companies listed on various stock exchanges in GCC region. The Fund also provides liquidity to the investors.

Fund Type
Open Ended Equity Fund
Fund Domicile
Saudi Arabia
Risk Level
High
Inception Date
16 October 2005
Inception Price
SAR 100 Per Unit
Fund Currency
Saudi Riyals
Benchmark
S&P GCC Shariah Composite Index
Subscription Fee
Maximum 2.00 % of subscription amount
Management Fee
1.75% Annually
Performance Fee
Nil
Minimum Subscription
SAR 5,000
Minimum Additional Subscription
SAR 2,000
Minimum Redemption
SAR 2,000
Valuation Frequency & Days
Bi-Weekly - Sunday & Wednesday
Cut-Off Time & Day
Before 5 PM - Prior to Valuation Day
Announcement & Payment Day
Following the Valuation Day
Fund Features
Fund Type Open Ended Equity Fund
Fund Domicile Saudi Arabia
Risk Level High
Inception Date
16 October 2005
Inception Price SAR 100 Per Unit
Fund Currency Saudi Riyals
Benchmark S&P GCC Shariah Composite Index
Subscription Fee Maximum 2.00 % of subscription amount
Management Fee 1.75% Annually
Performance Fee Nil
Minimum Subscription SAR 5,000
Minimum Additional Subscription SAR 2,000
Minimum Redemption SAR 2,000
Valuation Frequency & Days Bi-Weekly - Sunday & Wednesday
Cut-Off Time & Day Before 5 PM - Prior to Valuation Day
Announcement & Payment Day Following the Valuation Day

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