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×Investment Strategy
The Shariah-compliant fund seeks to invest in stocks listed on Saudi Stock Market (Tadawul) including initial public offerings (IPOs), rights issue, the remaining offerings of the listed companies and the companies’ equities that haven’t passed five years since it was listed on the stock market.
Fund Facts
Fund Manager | Alinma Investment Company |
Domicile | Saudi Arabia |
Eligibility | All Investors |
Fund Category | Equity |
Fund SubCategory | Shariah Compliant |
Inception Date | 26/04/2015 |
Inception Price | 10.00 |
Valuation Period | Bi-Weekly |
Valuation Basis | The Fund is valued based on the last announcement price of the fund's units. |
Fund Name | Alinma IPO Fund |
Short Name | Alinma IPO Fund |
Fund Objective | The fund aims to achieve capital growth over the long term. |
Fund Classification | Growth |
Geographic Focus | Saudi Arabia |
Currency | Riyal |
Structure | Open |
Fees And Expenses
Additional Subscription Information :
1,000.00
Management Fee | 1.00 % | Performance Fee | - |
Management Fee Type | Per Annum | Min. Subscription | 5,000.00 |
Subscription Fee | 1.00 % | Min. Redemption | 1,000.00 |
Redemption Fee | 1.50 % | Custodian Fee | 0.03 % |
Date | Downloads | |
---|---|---|
Alinma IPO Fund | 07/11/2023 |
Fund Performance
Data Not Available
NAV | 260,278,581.10 |
Unit Price | 21.7029 |
Last Update | 15/04/2024 |
Change | 2.09 % |
Previous Close | 21.26 |
12 Month Low | 15.23 |
12 Month High | 22.07 |
Performance Overview
Change (1M) | (0.10) % |
Change (3M) | 15.75 % |
Change (12M) | 46.51 % |
Change (3Y) | 108.13 % |
Change (5Y) | 157.05 % |
YTD | 18.35 % |
Change Since Inception | 117.03 % |
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