Logo of Capital Market Authority (CMA)
The Capital Market Authority (CMA) gave the green light for Alistithmar Capital to float the units of Alistithmar Capital Quarterly Dividend Fund, according to a CMA statement.
An investment decision without reading the relevant terms and conditions (T&Cs) carefully or fully reviewing its content may involve high risk.
Therefore, investors should carefully read the T&Cs which include detailed information on the fund, investment strategy and risk factors. In addition, investors should carefully study the T&Cs to be able to assess the feasibility of taking into consideration the associated risks.
If the T&Cs prove difficult to understand, it is recommended to refer to the fund manager for more information.
The CMA's approval should never be considered as a recommendation to subscribe to the fund. The approval merely means that the legal requirements as per the Capital Market Law and its Executive Regulations have been met.
Alistithmar Capital is a closed joint-stock company with a paid-in capital of SAR 250 million. It is a wholly-owned subsidiary of Saudi Investment Bank (SAIB).
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