The fund's strategy based on investing in the initial offerings and shares of companies that hadn't been three years since it was listed on the Saudi stock market and compliant with Islamic Shariah.
|Fund Manager||Musharaka Capital|
|Fund SubCategory||Shariah Compliant|
|Valuation Basis||The fund's assets are valued based on Volume Weighted Average Price.|
|Fund Name||Musharaka IPO Fund|
|Fund Objective||The fund aims to achieve capital growth over the long term by investing in IPO in the Saudi stock market and compliant with Islamic Shariah.|
|Geographic Focus||Saudi Arabia|
|Management Fee||1.75 %||Performance Fee||0.00 %|
|Management Fee Type||Per annum||Min. Subscription||10,000.00|
|Subscription Fee||1.50 %||Min. Redemption||10,000.00|
|Redemption Fee||0.00 %||Custodian Fee||0.25 %|
|12 Month Low||7.58|
|12 Month High||11.05|
|Change (1M)||1.0805 %|
|Change (3M)||(0.8877) %|
|Change (12M)||(5.2805) %|
|Change Since Inception||1.5990 %|
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