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×Investment Strategy
The Shariah-compliant fund primarily invests, in compliance with the Shariah regulations approved by its Shariah Board, in securities of companies listed on the Saudi stock markets, Initial Public Offerings (IPOs), rights issue, rump offerings, in addition to money and money market instruments, as well as public funds including Real Estate Investment Trusts (REITs) and private funds with similar objectives and strategies.
Fund Facts
Fund Manager | Al Rajhi Capital Company |
Domicile | Saudi Arabia |
Eligibility | Any natural or legal person recognized by the Kingdom’s laws as such has the right to participate in the Fund |
Fund Category | Equity |
Fund SubCategory | Shariah Compliant |
Inception Date | 20/08/2023 |
Inception Price | 10.00 |
Valuation Period | Daily |
Valuation Basis | The fund is valued based on the latest published net asset value (NAV) per unit. |
Fund Name | AL RAJHI MOMENTUM FUND |
Short Name | AL RAJHI MOMENTUM |
Fund Objective | The fund seeks to achieve long-term capital appreciation. |
Fund Classification | Growth |
Geographic Focus | Saudi Arabia |
Currency | Riyal |
Structure | Open |
Fees And Expenses
Additional Subscription Information :
-
Management Fee | 2.00 % | Performance Fee | - |
Management Fee Type | Annually | Min. Subscription | 10.00 |
Subscription Fee | 2.00 % | Min. Redemption | 10.00 |
Redemption Fee | - | Custodian Fee | 0.02 % |
Date | Downloads | |
---|---|---|
AL RAJHI MOMENTUM FUND | 19/11/2023 |
No data available |
Fund Performance
Data Not Available
NAV | 324,967,838.18 |
Unit Price | 12.9133 |
Last Update | 28/04/2024 |
Change | (1.61) % |
Previous Close | 13.12 |
12 Month Low | 9.26 |
12 Month High | 13.60 |
Performance Overview
Change (1M) | (0.06) % |
Change (3M) | 12.71 % |
Change (12M) | - |
Change (3Y) | - |
Change (5Y) | - |
YTD | 17.93 % |
Change Since Inception | 29.13 % |
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