Derayah Freestyle Fund

Free style

Open End Fund | Saudi Riyal

The fund aims to grow capital in the long run by basically investing in Companies listed in the Saudi Stock Exchange (Tadawul), Rights issues and Initial Public offerings issued in Saudi Arabia. All of the Fund’s investments shall be in accordance with Sharia standards approved by the Sharia Committee of the Fund. The Fund will not distribute dividends to its unit holders, but all profits will be reinvested by the Fund.

Benchmark
S&P Saudi Arabia Shariah index
Min. Amount for Subscription
10,000 SAR
Evaluation
Thursday and Monday
Degree of Risk
High
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Derayah Freestyle Fund Most Important Features

  • he fund aims to grow capital in the long run by basically investing in Companies listed in the Saudi Stock Exchange (Tadawul), Rights issues and Initial Public offerings issued in Saudi Arabia.
  • All of the Fund's investments shall be in accordance with Sharia standards approved by the Sharia Committee of the Fund.
  • The Fund will not distribute dividends to its unit holders, but all profits will be reinvested by the Fund.

Derayah Fund Specifications

1.5%

Management Fees

of the Fund’s Net Assets Value annually

10

Unit price at offering

SAR

3%

Subscription Fees

Maximum. To be paid in advance and Once only (deducted from the subscription amount for each investor and each additional subscription)

0%

Refund Fees

Derayah Free style Funds Performance

Unit Price
12.1339
Valuation Date
2018/08/13
Change Previous Valuation %
0.97
Change YTD %
10.36
YTD Standard Deviation
18.60
Change Since Inception %
21.34
Sharp Ratio
27.33
Fund Borrowing
00.00
Last Quarter Expenses %
0.22
Beta
0.76

Important Documents

You Can Download it from Derayah Derayah Freestyle Fund