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×Investment Strategy
The fund’s assets are invested in diversified low-risk trade transactions with counter-parties of good reputation and sound financial backing. The average duration of the fund’s portfolio does not exceed one year.
Fund Facts
Fund Manager | Jadwa Investment Co. |
Domicile | Saudi Arabia |
Eligibility | All investors |
Fund Category | Money Market |
Fund SubCategory | Shariah Compliant |
Inception Date | 05/03/2020 |
Inception Price | 100.00 |
Valuation Period | Daily |
Valuation Basis | The fund is valued daily. |
Fund Name | Jadwa Saudi Riyal Murabaha Fund - Class A |
Short Name | Murabaha - A |
Fund Objective | The fund aims to generate market returns from short-term Murabaha based on trade transactions that are compliant with Shariah principles. The fund also aims to provide liquidity for its unit holders. |
Fund Classification | Growth |
Geographic Focus | Saudi Arabia |
Currency | Riyal |
Structure | Open |
Fees And Expenses
Additional Subscription Information :
1,000.00
Management Fee | 10.00 % | Performance Fee | - |
Management Fee Type | Per annum | Min. Subscription | 10,000,000.00 |
Subscription Fee | - | Min. Redemption | 1,000.00 |
Redemption Fee | - | Custodian Fee | 0.02 % |
Date | Downloads | |
---|---|---|
Jadwa Saudi Riyal Murabaha Fund - Class A | 06/11/2023 |
2021 | 2020 | 2019 | ||||
---|---|---|---|---|---|---|
Fund | H1 | H2 | Year | |||
Jadwa Saudi Riyal Murabaha Fund - Class A | - | |||||
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Fund Performance
Data Not Available
NAV | 768,010,692.46 |
Unit Price | 111.5804 |
Last Update | 17/04/2024 |
Change | 0.02 % |
Previous Close | 111.56 |
12 Month Low | 105.94 |
12 Month High | 111.58 |
Performance Overview
Change (1M) | 0.48 % |
Change (3M) | 1.39 % |
Change (12M) | 5.43 % |
Change (3Y) | 9.67 % |
Change (5Y) | - |
YTD | 1.66 % |
Change Since Inception | 11.57 % |
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