The fund aims to achieve capital growth in the long term and provide income through dividends, from GCC equities that are Shariah compliant The fund will focus on dividend distributing equities. The fund also aims to outperform the benchmark index of Standard & Poor GCC Composite Shariah Index.
Al Jazira GCC Income Fund
Latest Price NAV
USD
52.13
as of
7/Sep/23
Objective
Key Facts
Launch Date :
28/Jul/13
Asset Type :
EquityBase Currency :
Saudi Arabian RiyalTotal Net Asset (USD M) :
5.62
Benchmark :
S&P GCC Composite Shariah CR
Dividend Type :
Income
Income Distribution :
Paid
Total Expense Ratio % :
N.A
Geographical Focus :
GCC
Shariah Compliant
Shariah
Performance
3 Yrs Performance
27.10
5 Yrs Performance
11.99
10 Yrs Performance
7.34
Top Holdings
1.
Al-Rajhi Bank
15.28
%
2.
Emirates Telecom
8.97
%
3.
SABIC
6.37
%
4.
Saudi Aramco
5.66
%
5.
ACWA Power
4.8
%
6.
Alujain Holding Co
4.43
%
7.
Saudi Telecom
4.2
%
8.
Alinma Bank
3.98
%
9.
Nahdi Medical Company SJSC
3.92
%
10.
Bank AlJazira
3.87
%
Portfolio Composition
1.
Kingdom Saudi Arabia
69.06
%
2.
The United Arab Emirates
21.31
%
3.
Kuwait
5.89
%
4.
Qatar
3.74
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
1.5
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
2
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
N.A
Contact
Company Name:
BAJ
Website :
www.aljaziracapital.com.sa