The funds investment objective aims to achieve continuous capital growth by generating reasonable returns and provide liquidity through direct/indirect short term investment, denominated in US dollar and compliant to Al-Rajhi Shariah board guidelines. The Fund also seeks to achieve a similar performance to that of its benchmark LIBOR 3 Months USD. This fund invests its assets through business deals while respecting the standards legitimacy of speculation. The deal is being held for the purchase of a variety of commodities, which includes goods and raw materials with the exception of gold and silver, intended for resale on the short and medium terms at a higher price
Al Rajhi Saving and Liquidity Fund – USD
Latest Price NAV
USD
2457.00
as of
11/Sep/23
Objective
Key Facts
Launch Date :
14/Dec/90
Asset Type :
Money MarketBase Currency :
US DollarTotal Net Asset (USD M) :
223.83
Benchmark :
Index is not available on Lipper Database
Dividend Type :
N.A
Income Distribution :
Retained
Total Expense Ratio % :
0.25
Geographical Focus :
Global
Shariah Compliant
Shariah
Performance
3 Yrs Performance
1.85
5 Yrs Performance
2.00
10 Yrs Performance
1.68
Top Holdings
1.
Al Rajhi Commodity SAR Fund....
9.4
%
2.
RB_261022_83_1
8.35
%
3.
ARB_140922_365_3
8.35
%
4.
Alrayan_211222_76_1
7.77
%
5.
QIB_051022_370_1
7.69
%
6.
SAIB_191022_83_2
7.52
%
7.
Alrayan_231122_62_1
6.68
%
8.
Doha_260422_371_1
5.01
%
9.
NBKJ_281222_76_1
4.93
%
10.
Doha_301122_62_1
4.84
%
Portfolio Composition
1.
United States of America
74
%
2.
Kingdom of Saudi Arabia
15
%
3.
Qatar
10
%
4.
United Arab Emirates
1
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
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:
ARC
Website :
http://www.alrajhi-capital.com