Derayah Saudi Equity Fund
Derayah Saudi Equity Fund
Derayah Freestyle Saudi Equity Fund
The fund aims to grow capital in the long term by investing primarily in companies listed on the main Saudi financial market, and in the parallel market (“Nomu”), rights shares and initial offerings issued within the Kingdom of Saudi Arabia. All of the fund’s investments must be compatible with the Sharia standards approved by the Fund’s Sharia Committee. The fund manager will also invest in money market instruments, money market funds, real estate traded funds, exchange-traded funds, and closed-end mutual funds. The Fund will not distribute dividends to its unit holders, but all profits will be reinvested by the Fund.
Min. Amount for Subscription
100 SAR
Evaluation
Thursday and Monday
Degree of Risk
High
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
Derayah Fund Specifications
1.5%
Management Fees
of the Fund’s Net Assets Value annually
10
Unit price at offering
SAR
2%
Subscription Fees
Maximum. To be paid in advance and only Once (deducted from the subscription amount for each investor and each additional subscription)
0%
Refund Fees
Derayah Freestyle Fund's Performance
14.0361
Unit Price
2024/08/29
Evaluation Date
-0.0995
Change Previous Valuation %
19.75
Change YTD %
40.36
Change Since Inception %
Still need some help?
If you have some questions or comments, feel free to let us know and we will respond as quickly as possible