Al Rajhi Multi Asset Conservative Fund

Asset Management

Objective

To achieve capital appreciation commensurate with the stated risk level by investing in the equities and the commodity funds.
Fund Type
Open Ended Fund of Funds
Fund Domicile
Saudi Arabia
Risk Level
Low
Inception Date
2 July 2011
Inception Price
SAR 375 Per Unit (100 USD)
Fund Currency
Saudi Riyals
Benchmark
Composite Index (85% of SAIBOR 3 Months + 6% Dow Jones Islamic Market TR Index + 3% S&P GCC Shariah Composite Index + 6.00% S&P Saudi Shariah Index)
Subscription Fee
Maximum 1.00 % of subscription amount
Management Fee
Nil
Performance Fee
Nil
Minimum Subscription
SAR 7,500
Minimum Additional Subscription
SAR 3,750
Minimum Redemption
SAR 3,750
Valuation Frequency & Days
Bi-weekly – Monday & 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 Low
Inception Date
2 July 2011
Inception Price SAR 375 Per Unit (100 USD)
Fund Currency Saudi Riyals
Benchmark Composite Index (85% of SAIBOR 3 Months + 6% 
Dow Jones Islamic Market TR Index + 3% S&P GCC Shariah 
Composite Index + 6.00% S&P Saudi Shariah Index)
Subscription Fee Maximum 1.00 % of subscription amount
Management Fee Nil
Performance Fee Nil
Minimum Subscription SAR 7,500
Minimum Additional Subscription SAR 3,750
Minimum Redemption SAR 3,750
Dealing Frequency & Days Bi-weekly – Monday & Wednesday
Cut-Off Time & Day Before 5 PM - Prior to Dealing Day
Announcement & Payment Day Following the Dealing Day (Tuesday and Thursday)
SAR 2,000
S&P GCC Shariah Composite Index Al Rajhi Materials Sector Index Calculated by S&P Custom Indices
S&P GCC Shariah Composite Index Al Rajhi Materials Sector Index Calculated by S&P Custom Indices
Low
SAR 7,500

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