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×Investment Strategy
The fund seeks to invest into Shariah-compliant financing transactions in various GCC financial institutions, including murabaha and mudaraba. It allocates up to 35% of its assets to sukuk.
Fund Facts
Fund Manager | Saudi Fransi Capital |
Domicile | Saudi Arabia |
Eligibility | All investors |
Fund Category | Money Market |
Fund SubCategory | Shariah Compliant |
Inception Date | 18/08/1997 |
Inception Price | 1.00 |
Valuation Period | Daily |
Valuation Basis | The fund is valued daily. |
Fund Name | Al-Badr Murabaha Fund - US Dollars |
Short Name | Al Badr USD |
Fund Objective | The fund seeks to achieve capital preservation and generate returns by investing in Shariah-compliant financial instruments. |
Fund Classification | Capital Preservation |
Geographic Focus | GCC |
Currency | USD |
Structure | Open |
Fees And Expenses
Additional Subscription Information :
500.00
Management Fee | 0.50 % | Performance Fee | - |
Management Fee Type | Per annum | Min. Subscription | 1,000.00 |
Subscription Fee | - | Min. Redemption | 500.00 |
Redemption Fee | - | Custodian Fee | 0.02 % |
Date | Downloads | |
---|---|---|
Al-Badr Murabaha Fund - US Dollars | 15/05/2023 |
Fund | H1 | H2 | Year | |||
---|---|---|---|---|---|---|
Al-Badr Murabaha Fund - US Dollars | - | |||||
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Fund Performance
Data Not Available
NAV | 45,055,216.05 |
Unit Price | 1.7915 |
Last Update | 18/04/2024 |
Change | 0.02 % |
Previous Close | 1.79 |
12 Month Low | 1.70 |
12 Month High | 1.79 |
Performance Overview
Change (1M) | 0.46 % |
Change (3M) | 1.36 % |
Change (12M) | 5.27 % |
Change (3Y) | 8.71 % |
Change (5Y) | 10.90 % |
YTD | 1.65 % |
Change Since Inception | 79.15 % |
Call Request