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×Investment Strategy
The fund follows an investment strategy through investing in mutual funds that comply with legislative standards that are accredited by Sharia board of the fund. And a high percentage of fund’s assets (minimum of 70%) are invested in Murabaha and Sukuk funds, and limited percentage (maximum of 30%) are invested in local, regional and international equity funds. And another high risk assets that comply with sharia standards.
Fund Facts
Fund Manager | SAB INVEST |
Domicile | Saudi Arabia |
Eligibility | All investors |
Fund Category | Mixed Assets |
Fund SubCategory | Shariah Compliant |
Inception Date | 28/12/2004 |
Inception Price | 10.00 |
Valuation Period | Bi-Weekly |
Valuation Basis | The fund is valued each Monday and Wednesday. |
Fund Name | Alawwal Invest Multi Assets Defensive Fund |
Short Name | Multi Assets Defensive |
Fund Objective | The fund aims to achieve medium-long term capital growth. |
Fund Classification | Growth |
Geographic Focus | Worldwide |
Currency | Riyal |
Structure | Open |
Fees And Expenses
Additional Subscription Information :
2,500.00
Management Fee | 0.45 % | Performance Fee | - |
Management Fee Type | Per annum | Min. Subscription | 5,000.00 |
Subscription Fee | 2.00 % | Min. Redemption | 2,500.00 |
Redemption Fee | - | Custodian Fee | - |
Date | Downloads | |
---|---|---|
Alawwal Invest Multi Assets Defensive Fund | 17/07/2022 |
Fund | H1 | H2 | Year | |||
---|---|---|---|---|---|---|
Alawwal Invest Multi Assets Defensive Fund | - | - | ||||
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Fund Performance
Data Not Available
NAV | 193,537,917.09 |
Unit Price | 21.2100 |
Last Update | 17/04/2024 |
Change | (0.66) % |
Previous Close | 21.35 |
12 Month Low | 18.61 |
12 Month High | 21.35 |
Performance Overview
Change (1M) | (0.14) % |
Change (3M) | 3.08 % |
Change (12M) | 14.10 % |
Change (3Y) | 25.79 % |
Change (5Y) | 38.35 % |
YTD | 3.29 % |
Change Since Inception | 112.10 % |
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