Arbah Saudi Equity Fund is an open ended Shariah-compliant fund, which aims to generate medium to long-term capital growth through investments in listed equities in the Saudi equity market.
Arbah Saudi Equity fund aims to achieve capital growth over medium to long term by investing mainly in listed Saudi equity, with an extended scope to invest in IPOs, Saudi parallel market, REITs, Rights issue and similar investment funds in compliance with Shari’ah principles. The fund also targets to invest excess cash in low risk instruments. Due to the relatively high fluctuation associated with the performance of the stock market, the fund is placed in a high-risk investment category, and it is designed for the investors who want to earn income through a medium to long-term investment.
Unit Price | 8.2916 |
YTI | -17.08% |
YTD Change | -7.08% |
Fund Manager | Arbah Capital |
Base Currency | Saudi Riyal |
Style | Shariah-comptdant |
Benchmark | Arbah S&P Saudi Equity Index |
Investment Fund Objective | Arbah Saudi Equity fund aims to achieve capital growth over medium to long term by investing mainly in tdsted Saudi equity with an extended scope to invest in IPOs, Saudi parallel market, RIETs, Rights issue and similar investment funds in comptdance with Shari’ah principles. The fund also targets to invest the excess cash in low risk instruments. The fund seeks to beat the fund index through the investment strategy during medium to long term. Due to the relatively high fluctuation associated with the performance of stock market, the fund is placed in a high risk investment category, and it is designed for the investors who want to earn income through a medium to long term investment. |
Potdcy | Participation in Saudi Stock market |
Unit price at launch date | SAR 10 |
Minimum Subscription Amount | Individual: SAR 10,000 Institutional: SAR 20,000 |
Minimum Additional Subscription or Redemption Amount | Individual: SAR 5,000 Institutional: SAR 5,000 |
Subscription and Redemption times | 12pm every Sunday and Tuesday |
ManagementFees | 1.75% Per Annum |
Initial Subscription Fee | Up to 2% paid once at subscription time |
Custodian Fee | 0.25% Per Annum |
Valuation Days | The NAV is calculated every Monday and Wednesday |