Derayah Freestyle Saudi Equity Fund
Derayah Freestyle Saudi Equity Fund
The Fund aims to achieve long-term capital growth by primarily investing in companies listed on the Saudi Stock Exchange (Tadawul), rights issues and initial public offerings issued in Saudi Arabia. All of the Fund’s investments shall be by Sharia standards approved by the Sharia Committee of the Fund. The Fund does not distribute dividends to its unit holders, but all profits will be reinvested by the Fund.
Most Important Features
- The aim of the Fund is to achieve long-term capital growth by investing in Companies listed on the Saudi Stock Exchange (Tadawul), Rights Issues and Initial Public Offerings issued in Saudi Arabia.
- All of the Fund’s investments comply with Shariah standards and are approved by the Fund's Shariah Committee.
- The Fund will not distribute dividends to unit holders, but rather all profits will be reinvested by the Fund.
Facts and Characteristics of Derayah Freestyle Saudi Equity Fund
Important Documents
Funds Announcements
Announcement by Derayah Financial Company the availability of the Quarterly statement of Derayah FreeStyle Saudi equities Fund for the period ending on 30-09-2024
14/10/2024
Derayah Financial Company announces that the quarterly statement of Derayah FreeStyle Saudi equities Fund for the period ending on 30-09-2024
Announcement by Derayah Financial Company the availability of the Quarterly statement of Derayah FreeStyle Saudi equities Fund for the period ending on 31-12-2024
14/01/2025
Derayah Financial Company announces that the quarterly statement of Derayah FreeStyle Saudi equities Fund for the period ending on 31-12-2024
Announcement by Derayah Financial regarding the details of non- fundamental changes to Derayah FreeStyle Fund.
14/01/2025
Derayah Financial announces the approval of the Fund’s Board of Directors of a non-fundamental change to Derayah FreeStyle Fund such change will become effective on (28/07/1446 H.), corresponding to (28/01/2025 G.)” The details of the non-fundamental change are as follows: - Add the ability for the fund manager to invest in securities issued by the fund manager themselves, along with clarification regarding conflicts of interest. - Include an explanation regarding the fund manager's ability to lend its securities, provided it does not exceed 30% of the fund's net asset value. - Update the financial data of the fund manager. - Update the list of funds for the fund's board members, covering all other funds, and update the information of board members where applicable.
Announcement by Derayah Financial Company that Derayah Freestyle Saudi Equity Fund’s annual reports, including the annual audited financial statements, for the period ended on 31/12/2024 are available to the public.
19/03/2025
Derayah Financial announces that Derayah Freestyle Saudi Equity Fund’s annual reports, including the annual audited financial statements, for the period ended on 31/12/2024. Net assets at the end of the period 1,895,155,247.71 SAR Total expenses and fees for the year/period 25,433,946.52 SAR Net profit (loss) for the year/period 125,133,958.00 SAR Number of outstanding units at the end of period 42,703,192.19 Units Net asset value for the unit 44.3797 SAR Revenue of the period 15.19 %.
FAQ
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How to open a Derayah platform account?
You can open a new account online in minutes without visiting a branch or submitting paper documents. Derayah Financial was the first independent brokerage firm to offer this service. Simply register through our website and verify your information via the Unified National Access Portal. All of this can be completed via the following link: https://online.derayah.com/account/Register.
Can I get financing through Derayah Platform?
Of course, you can obtain financing online, which is intended for trading in the Saudi market.
What is the minimum amount for Discretionary Portfolio Management (DPM)?
The minimum amount for portfolio management is SAR 20 million.
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