The fund aims to generate market returns from investment in Shariah compliant instruments. The Fund invests its assets in murabaha transactions with financial institutions in Saudi Arabia and the GCC as well as by evaluating and purchasing Sukuks.
Saudi Fransi Al Badr Murabaha Fund (USD)
Latest Price NAV
USD
1.73
as of
10/Sep/23
Objective
Key Facts
Launch Date :
18/Aug/97
Asset Type :
Money MarketBase Currency :
US DollarTotal Net Asset (USD M) :
27.73
Benchmark :
Index is not available on Lipper Database
Dividend Type :
N.A
Income Distribution :
Retained
Total Expense Ratio % :
N.A
Geographical Focus :
United States of America
Shariah Compliant
Shariah
Performance
3 Yrs Performance
1.64
5 Yrs Performance
1.64
10 Yrs Performance
1.23
Top Holdings
1.
National Bank of Kuwait Deposit
9.13
%
2.
Arab Banking Corporation Deposit
6.85
%
3.
Abu Dhabi Commercial Bank Deposit
6.85
%
4.
Abu Dhabi Commercial Bank Deposit
6.85
%
5.
Riyad Commodity Trading -SAR fund
6.17
%
6.
Al Masraf Deposit
5.48
%
7.
Al Masraf Deposit
5.48
%
8.
Abu Dhabi Commercial Bank Deposit
5.02
%
9.
National Bank of Kuwait Deposit
5.02
%
10.
Arab National Bank Deposit
5.02
%
Portfolio Composition
1.
United Arab Emirates
46.91
%
2.
Saudi Arabia
23.86
%
3.
Kuwait
18.72
%
4.
Bahrain
10.5
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
0.5
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
1
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
N.A
Contact
Company Name:
Saudi Fransi Capital JSC
Website :
www.sfc.sa