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×Investment Strategy
The Fund invests mainly in the investments, instruments and funds of the money market, as well as debt and fixed income funds, equity funds, Exchange-Traded Funds (EFTs), real estate funds and private funds. Where all investments are compatible with Shariah guidelines that approved by the Fund's Shariah Supervisory Committee.
Fund Facts
Fund Manager | Al Rajhi Capital Company |
Domicile | Saudi Arabia |
Eligibility | All investors |
Fund Category | Money Market |
Fund SubCategory | Shariah Compliant |
Inception Date | 16/04/2023 |
Inception Price | 1.00 |
Valuation Period | Daily |
Valuation Basis | Based on the last published net asset value (NAV) per unit. |
Fund Name | Shifa Health Endowment Fund |
Short Name | Shifa Health Endowment |
Fund Objective | The Fund aims to support health endowment across the Kingdom through developing the endowed assets to achieve capital appreciation to benefit both the beneficiary and the endowed asset. |
Fund Classification | Growth |
Geographic Focus | Saudi Arabia |
Currency | Riyal |
Structure | Open |
Fees And Expenses
Additional Subscription Information :
-
Management Fee | 0.40 % | Performance Fee | 10.00 % |
Management Fee Type | Annually | Min. Subscription | - |
Subscription Fee | - | Min. Redemption | - |
Redemption Fee | - | Custodian Fee | 0.02 % |
Date | Downloads | |
---|---|---|
Shifa Health Endowment Fund | 19/11/2023 |
No data available |
Fund Performance
Data Not Available
NAV | 34,056,655.64 |
Unit Price | 1.0178 |
Last Update | 06/05/2024 |
Change | 0.36 % |
Previous Close | 1.01 |
12 Month Low | 1.00 |
12 Month High | 1.04 |
Performance Overview
Change (1M) | (0.93) % |
Change (3M) | (0.47) % |
Change (12M) | - |
Change (3Y) | - |
Change (5Y) | - |
YTD | (1.01) % |
Change Since Inception | 1.78 % |
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