Sign In
×Investment Strategy
The fund invests in the companies listed on GCC stock markets. It can invest up to 15% of its net asset value (NAV) in stocks of GCC parallel markets, equities of Bank Albilad, IPOs, and money instruments approved by the Shariah Board.
Fund Facts
Fund Manager | Al-bilad Investment Co. |
Domicile | Saudi Arabia |
Eligibility | All Investors |
Fund Category | Equity |
Fund SubCategory | Shariah Compliant |
Inception Date | 20/04/2014 |
Inception Price | 1.00 |
Valuation Period | Bi-Weekly |
Valuation Basis | The fund is valued biweekly. |
Fund Name | Albilad GCC Equity Income Fund |
Short Name | Albilad GCC Equity Income |
Fund Objective | The fund seeks to achieve long-term capital appreciation and distributes semi-annual cash dividends at a maximum of 5% annually of its net asset value (NAV). |
Fund Classification | Income & Growth |
Geographic Focus | GCC |
Currency | Riyal |
Structure | Open |
Fees And Expenses
Additional Subscription Information :
2,000.00
Management Fee | 1.75 % | Performance Fee | 0.00 % |
Management Fee Type | Per annum | Min. Subscription | 5,000.00 |
Subscription Fee | 1.00 % | Min. Redemption | 2,000.00 |
Redemption Fee | 0.00 % | Custodian Fee | 0.12 % |
Date | Downloads | |
---|---|---|
Albilad GCC Equity Income Fund | 13/10/2022 |
Fund | H1 | H2 | Year | |||
---|---|---|---|---|---|---|
Albilad GCC Equity Income Fund | - | - | ||||
|
Fund Performance
Data Not Available
NAV | 6,983,204.30 |
Unit Price | 1.3569 |
Last Update | 21/04/2024 |
Change | (0.15) % |
Previous Close | 1.36 |
12 Month Low | 1.20 |
12 Month High | 1.39 |
Performance Overview
Change (1M) | (1.92) % |
Change (3M) | 1.67 % |
Change (12M) | 10.67 % |
Change (3Y) | 35.27 % |
Change (5Y) | 53.90 % |
YTD | 2.15 % |
Change Since Inception | 35.69 % |
Call Request