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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 the 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 | All investors |
Fund Category | Mixed Assets |
Fund SubCategory | Shariah Compliant |
Inception Date | 01/10/2019 |
Inception Price | 10.00 |
Valuation Period | Quarterly |
Valuation Basis | Listed REITs are evaluated based on closing prices on the valuation (date) day. |
Fund Name | Alinma Road’s Mosques Endowment Fund |
Short Name | Alinma Mosque's Endowment Fund |
Fund Objective | To enhance the developmental role of the endowments in supporting the care of road mosques by growing and investing the endowment assets and a percentage of the realized returns ( Ghullah Waqf ) are distributed annually to the endowment expenses specified for the fund. |
Fund Classification | Growth |
Geographic Focus | Saudi Arabia |
Currency | Riyal |
Structure | Semi-closed |
Fees And Expenses
Additional Subscription Information :
100.00
Management Fee | 0.75 % | Performance Fee | - |
Management Fee Type | Per Annum | Min. Subscription | 1,000.00 |
Subscription Fee | - | Min. Redemption | - |
Redemption Fee | - | Custodian Fee | 0.10 % |
Date | Downloads | |
---|---|---|
Alinma Road’s Mosques Endowment Fund | 12/11/2023 |
Fund | H1 | H2 | Year | |||
---|---|---|---|---|---|---|
Alinma Road’s Mosques Endowment Fund | - | - | ||||
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Fund Performance
Data Not Available
NAV | 71,042,641.36 |
Unit Price | 12.9840 |
Last Update | 31/03/2024 |
Change | (0.55) % |
Previous Close | 13.06 |
12 Month Low | 12.05 |
12 Month High | 13.06 |
Performance Overview
Change (1M) | (0.55) % |
Change (3M) | 2.15 % |
Change (12M) | 8.95 % |
Change (3Y) | 18.98 % |
Change (5Y) | - |
YTD | 2.15 % |
Change Since Inception | 29.84 % |
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