CMA approves public offering of ANB Capital Saudi Nomu Market Fund

The Capital Market Authority (CMA) approved the request by ANB Capital Co. for the public offering of ANB Capital Saudi Nomu Market Fund.

The market regulator cautioned investors that making investment decisions without thoroughly reading the terms and conditions (T&Cs) or fully understanding their content may pose significant risks.

The CMA also urged investors to carefully review the T&Cs, which include detailed information on the fund, its investment strategy, and associated risks.

This review will help investors evaluate the investment’s feasibility and understand the potential risks, the CMA said. It added that if the T&Cs are unclear, investors should consult the fund manager for clarification.

The CMA emphasized that its approval does not constitute a recommendation to subscribe to the offering, but rather confirms the fund’s compliance with legal requirements under the Capital Market Law and its Implementing Regulations.