Derayah Saudi Equity Fund

Derayah Saudi Equity Fund

Open End - Public Fund | Saudi Riyal

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
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Derayah Saudi Equity Fund Most Important Features

  • 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.

Derayah Saudi Equity 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 Once only (deducted from the subscription amount for each investor and each additional subscription)

0%

Redemption Fees

Unit Price
14.0484
Valuation Date
2024/04/22
Change Previous Valuation %
0.0374
Change YTD %
19.86
Change Since Inception %
40.48

Important Documents

You Can Download it from Derayah Derayah Saudi Equity Fund