Saudi Equity Fund

 

The fund started investing in the Saudi market on 12 December 1992 with an inception price of SAR 10. The Saudi Basic Industrial and Saudi Telecom Companies are proxies to the market, has the largest fund weighting. The fund is well diversified as it invests in the various Saudi sectors as illustrated in the pie chart below.

 

Fund objectives

The Saudi Equity Fund aims to achieve long-term equity linked growth by investing in the Saudi stock market. The fund invests in the shares of Saudi publicly quoted companies and Money Market Instruments.

 

Fund details

Fund type

Open ended

Base currency of the fund

Saudi Riyal

Minimum initial subscription

SAR 7,500

Minimum additional subscription

SAR 3,750

Regular monthly subscription

SAR 1,000

Valuation

Saturday & Tuesday

Cut off time

12 noon Sunday & Wednesday

Redemption payout

2 days after valuation day

Unit price at inception

SAR 10

Launch date

12 December 1992

 

Contact Us

For more information please call our toll free number

                            800 124 1212