The fund invests in money market instruments, and is denominated in Saudi riyals Providing liquidity at the request of the investor and developing capital by investing in short-term financial instruments and medium-term fixed income instruments Classified and unclassified for the GCC countries. The Fund Manager’s investments will be limited to investments that comply with Sharia standards. The fund will not distribute profits to the unit holders, and they will be reinvested in the fund for the benefit of the unit owners. The average rate of financing offered between Saudi banks (SIBOR) was taken as a guideline
Ashmore GCC Diversified Trade Fund
Latest Price NAV
USD
3.06
as of
4/Sep/23
Objective
Key Facts
Launch Date :
21/Mar/16
Asset Type :
Money MarketBase Currency :
Saudi Arabian RiyalTotal Net Asset (USD M) :
62.05
Benchmark :
Index is not available on Lipper Database
Dividend Type :
N.A
Income Distribution :
Retained
Total Expense Ratio % :
N.A
Geographical Focus :
GCC
Shariah Compliant
Shariah
Performance
3 Yrs Performance
2.59
5 Yrs Performance
1.43
10 Yrs Performance
N.A
Top Holdings
1.
Sagccmf Sar Bank Account
31.24
%
2.
Emirates Nbd Pjsc Sar Deposit
18.35
%
3.
Al Rajhi Bank Bank Sar Deposit
18.1
%
4.
Saudi Investment Bank Sar Deposit
18.1
%
5.
Boubyan Bank
10.92
%
6.
Artal Murabaha Fd-B Sar Inc
3.33
%
Portfolio Composition
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 :
1
Contact
Company Name:
Ashmore Inv SA PLC
Website :
www.ashmoregroup.com