CMA approves public offering of Al Rajhi Emerging Markets Equities Fund

Logo of Al Rajhi Capital

The Capital Market Authority (CMA) approved Al Rajhi Capital’s request for the public offering of Al Rajhi Emerging Markets Equities Fund.

In a statement, the CMA cautioned that investing without reviewing the fund’s terms and conditions and understanding their content may involve significant risks. Investors are therefore advised to carefully examine the fund’s documents and assess the viability of the investment in light of the given risks. If they are not fully understood, investors should consult the fund manager for further clarification.

The CMA added that its approval of the fund offering should not be construed as an endorsement of the investment’s merits. Rather, it merely means the planned offering complies with the regulatory requirements under the Capital Market Law and its implementing regulations.