The Fund aims to achieve good return on capital on over a long-term period and provide periodic income. It is designed to invest in Sharia compliant shares of Saudi companies listed in the Saudi exchange, the activities of which conform to the rules and controls set by the Sharia Supervisory Board. Also, it aims achieve a maximum distributed return of 5% p.a. and a steady capital growth over the medium to long term.
AlBilad Saudi Equity Income Fund
Latest Price NAV
USD
0.54
as of
10/Sep/23
Objective
Key Facts
Launch Date :
3/Jun/12
Asset Type :
EquityBase Currency :
Saudi Arabian RiyalTotal Net Asset (USD M) :
7.36
Benchmark :
Index is not available on Lipper Database
Dividend Type :
N.A
Income Distribution :
Paid
Total Expense Ratio % :
N.A
Geographical Focus :
Saudi Arabia
Shariah Compliant
Shariah
Performance
3 Yrs Performance
15.08
5 Yrs Performance
10.95
10 Yrs Performance
5.80
Top Holdings
1.
Al-Rajhi Bank
9.32
%
2.
STC
8.56
%
3.
Othaim Markets
7.73
%
4.
Cenomi Centers
6.16
%
5.
eXtra Stores
5.82
%
6.
SABIC
5.65
%
7.
Power & Water Utility Co
4.8
%
8.
Ministry of Supply
4.46
%
9.
Al Hammadi Holding Co
4.24
%
10.
City Cement
4.13
%
Portfolio Composition
1.
Saudi Arabia
100
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
1.5
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:
ALBILAD Investment
Website :
www.bankalbilad.com.sa