Derayah IPO Funds

Derayah IPO Fund

Open End Fund | Saudi Riyal

Derayah IPO Fund is a public open end fund established in kingdom of Saudi Arabia and aims to grow capital through investment in initial public offerings and newly listed companies in the financial markets in Saudi Arabia and initial public offerings in GCC countries, Arab countries and international countries.

Benchmark
Derayah IPO Index
Min. Amount for Subscription
10,000 SAR
Evaluation
Monday and Thursday of every week
Degree of Risk
High
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Features of Derayah IPO Fund

  • All of the Fund's investments shall be in accordance with Sharia standards approved by the Sharia Committee of the Fund.
  • 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.
  • The Fund will not distribute dividends to its unit holders, but all profits will be reinvested by the Fund.

Derayah IPO Fund Specifications

2%

Management Fees

of the Fund’s Net Assets Value annually

10

Unit price at offering

SAR

2%

Subscription Fee

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

0%

Redemption Fees

Derayah IPO Funds Performance

Unit Price
6.9354
Valuation Date
2018/08/13
Change Previous Valuation %
0.97
Change YTD %
-6.44
YTD Standard Deviation
4.17
Change Since Inception %
-30.65
Sharp Ratio
-58.11
Fund Borrowing
0.00
Last Quarter Expenses %
0.35
Beta
0.45

Important Documents

You Can Download it from Derayah Derayah IPO Funds