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×Investment Strategy
The fund seeks to invest in various assets, in accordance with a conservative investment strategy that serves the objectives, nature and disbursement channels of the endowment (Waqf). The fund will diversify its endowment portfolio through various asset classes to maintain the endowed assets and achieve moderate growth through balanced investment policies that cover diversified long-and short-term assets.
Fund Facts
Fund Manager | Alinma Investment Company |
Domicile | Saudi Arabia |
Eligibility | Persons who endow money for charity. |
Fund Category | Mixed Assets |
Fund SubCategory | Shariah Compliant |
Inception Date | 01/09/2018 |
Inception Price | 10.00 |
Valuation Period | Monthly |
Valuation Basis | Last day of every quarter. |
Fund Name | Alinma Wareef Endowment Fund |
Short Name | Wareef Fund |
Fund Objective | The fund seeks to enhance the role of private endowments (awqaf) by investing in the healthcare sector with aim to support social solidarity and develop Waqf assets. |
Fund Classification | Growth |
Geographic Focus | Saudi Arabia |
Currency | Riyal |
Structure | Open |
Fees And Expenses
Additional Subscription Information :
100.00
Management Fee | 0.75 % | Performance Fee | - |
Management Fee Type | per annum | Min. Subscription | 100.00 |
Subscription Fee | - | Min. Redemption | - |
Redemption Fee | - | Custodian Fee | 0.00 % |
Date | Downloads | |
---|---|---|
Alinma Wareef Endowment Fund | 12/11/2023 |
Fund | H1 | H2 | Year | |||
---|---|---|---|---|---|---|
Alinma Wareef Endowment Fund | - | - | ||||
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Fund Performance
Data Not Available
NAV | 85,150,176.25 |
Unit Price | 13.4098 |
Last Update | 31/03/2024 |
Change | (1.01) % |
Previous Close | 13.55 |
12 Month Low | 12.34 |
12 Month High | 13.55 |
Performance Overview
Change (1M) | (1.01) % |
Change (3M) | 1.70 % |
Change (12M) | 8.00 % |
Change (3Y) | 20.84 % |
Change (5Y) | 34.10 % |
YTD | 1.70 % |
Change Since Inception | 34.10 % |
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