The objective is to preserve the fund capital while pursuing sustainable long-term capital growth and maintain annual dividend distribution that meet the need of the endowment. The funds strategic focus in healthcare and medical services, aiming to enhance the role of private endowments in society by participating in making grants to a non-for-profit organization Wareef. As a way to support the medical field, the Fund concentrate in enhancing endowed asset through investments, seeking the advancement of social solidarity.
Alinma Wareef Endowment Fund
Latest Price NAV
USD
3.33
as of
31/Aug/23
Objective
Key Facts
Launch Date :
31/Oct/18
Asset Type :
Mixed AssetsBase Currency :
Saudi Arabian RiyalTotal Net Asset (USD M) :
20.84
Benchmark :
Index is not provided by Management Company
Dividend Type :
N.A
Income Distribution :
Paid
Total Expense Ratio % :
N.A
Geographical Focus :
Saudi Arabia
Shariah Compliant
Shariah
Performance
3 Yrs Performance
7.65
5 Yrs Performance
N.A
10 Yrs Performance
N.A
Top Holdings
1.
Murabha Deals
15.13
%
2.
Income Funds
10.03
%
3.
5280 Saudi Government SAR Sukuk
6.1
%
4.
Rawabi Sukuk
4.88
%
5.
Al Rajhi Bank
3.93
%
6.
Alinma Bank
3.04
%
7.
SABIC Agri-Nutrients Co.
2.6
%
8.
Alinma Bank Tier 1 Sukuk
2.44
%
9.
The Power and Water Utility Company
2.16
%
10.
Al Hammadi Holding
1.91
%
Portfolio Composition
1.
Kingdom of Saudi Arabia
100
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
0.75
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
N.A
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
N.A
Contact
Company Name:
Alinma Invt
Website :
http://www.alinmainvestment.com