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Fund Details

Unit price (As of 15 August 2023):

1.7589

The Fund’s primary objective is to maximize capital growth by achieving a positive return versus its benchmark while minimizing potential risks. The Fund mainly invests in initial public offerings of shares of Saudi joint companies during the first five years of trading or the last 20 listed companies. In addition, the fund manager is allowed to invest maximum 50% of the fund assets in small and medium cap companies’ stocks and maximum of 30% of the fund’s net assets value in the Real estate investment funds and maximum of 30% of the fund’s net assets value in companies that are listed in Saudi “Nomu – Parallel Market”. Where all investments to be compatible with Sharia guidelines that approved by the Fund’s Sharia Committee.

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1 Account Opening Agreement
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2 Terms & Conditions
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3 Redemption / Withdrawal Form
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4 Internal Transfer Form
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