Darayh Money Market Fund

Darayh Money Market Fund

Open End - Public Fund | Saudi Riyal

The fund aims to preserve capital by investing in short-term cash instruments that comply with the fund’s Sharia standards, providing investors with diversification through investment in money market funds.

Min. Amount for Subscription
100 SAR
Evaluation
Daily on business days in Saudi Arabia
Degree of Risk
Low
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Darayh Money Market Fund Most Important Features

  • The fund aims to preserve capital.
  • The fund offers high liquidity due to the short duration of investments.
  • Investing in money market funds enhances diversification in investors' portfolios.
  • Investing in money market funds allows benefiting from rising interest rates and achieving substantial returns.
  • All fund investments comply with the standards approved by the fund's Sharia board..
  • Diversification in deposit maturity periods..
  • Multiple counterparties with investment limits for each party.

Darayh Money Market Fund Specifications

0.40 %

Management Fees

of the Fund’s Net Assets Value annually

10

Unit price at offering

SAR

0%

Subscription Fees

0%

Refund Fees

Derayah money Market Fund Performance

Unit Price
10.0601
Valuation Date
2024/07/23
Change Previous Valuation %
0.02
Change YTD %
5.62
Change Since Inception %
0.6
Fund Borrowing
00.00

Important Documents

You Can Download it from Derayah Darayh Money Market Fund