Al Rajhi Materials Sector Equity Fund

Asset Management

Objective

To achieve long term capital appreciation by investing in shares of Shariah compliant companies listed on the Saudi Stock Exchange (Tadawul). The Fund exclusively invests in the companies doing business in Materials Sector. The Fund also provides liquidity to the investors.

Fund Type
Open Ended Equity Fund
Fund Domicile
Saudi Arabia
Risk Level
High
Inception Date
November 2007
Inception Price
SAR 10 Per Unit
Fund Currency
Saudi Riyals
Benchmark
S&P GCC Shariah Composite Index Al Rajhi Materials Sector Index Calculated by S&P Custom Indices
Subscription Fee
Maximum 2.00 % of subscription amount
Management Fee
1.75% Annually
Performance Fee
Nil
Minimum Subscription
SAR 10,000
Minimum Additional Subscription
SAR 2,000
Minimum Redemption
SAR 2,000
Valuation Frequency & Days
Bi-Weekly - Sunday & Tuesday
Cut-Off Time & Day
Before 5 PM - Prior to Valuation Day
Announcement & Payment Day
Following the Valuation Day (Monday & Wednesday)
Fund Features
Fund Type Open Ended Equity Fund
Fund Domicile Saudi Arabia
Risk Level High
Inception Date November 2007
Inception Price SAR 10 Per Unit
Fund Currency Saudi Riyals
Benchmark S&P GCC Shariah Composite Index
Al Rajhi Materials Sector Index Calculated
by S&P Custom Indices
Subscription Fee Maximum 2.00 % of subscription amount
Management Fee 1.75% Annually
Performance Fee Nil
Minimum Subscription SAR 10,000
Minimum Additional Subscription SAR 2,000
Minimum Redemption SAR 2,000
Valuation Frequency & Days Bi-Weekly - Sunday & Tuesday
Cut-Off Time & Day Before 5 PM - Prior to Valuation Day
Announcement & Payment Day Following the Valuation Day (Monday & Wednesday)

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