Saudi Equity Trading Fund

 

The fund started investing in the Saudi market on 01 November 1997 with an inceptionprice of SAR 10. The Saudi Basic Industrial and Saudi Telecom Companies, which are proxies to the market, have the largest fund weighting. The fund is well diversifiedas it invests in the various Saudi sectors (excluding banks).

 

Fund objectives

The Saudi Equity Trading Fund aims to achieve long-term equity linked growth byinvesting in the Saudi Arabian stock market. The fund invests in the shares of Saudipublicly quoted companies (excluding banks) and short-term trade finance transactions.

 

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

01 November 1997

 

Contact Us

For more information please call our toll free number

                    800 124 1212