The fund aims to invest in the shares of Saudi companies listed in the Saudi financial market and that are compatible with the Sharia controls specified by the Sharia Supervisory Board of the company. The fund manager can also invest the excess liquidity in the fund in short-term monetary instruments compatible with Sharia standards to improve the fund’s return. The profits of the fund’s units will not be distributed to the subscribers, but reinvested, which will reflect positively on the value and price of the fund’s unit.
KASB Freestyle Saudi Equity Fund
Latest Price NAV
USD
5.12
as of
4/Sep/23
Objective
Key Facts
Launch Date :
15/Nov/15
Asset Type :
EquityBase Currency :
Saudi Arabian RiyalTotal Net Asset (USD M) :
5.55
Benchmark :
Index is not available on Lipper Database
Dividend Type :
N.A
Income Distribution :
Retained
Total Expense Ratio % :
N.A
Geographical Focus :
Saudi Arabia
Shariah Compliant
Shariah
Performance
3 Yrs Performance
24.03
5 Yrs Performance
14.15
10 Yrs Performance
N.A
Top Holdings
1.
Al Rajhi Bank
12.09
%
2.
Saudi Arabian Oil Co
6.12
%
3.
Elm Co
5.96
%
4.
Saudi Basic Industries Corporation
4.8
%
5.
Saudi Aramco Base Oil Co.
4.52
%
6.
KASB Money Market Fund
4.05
%
7.
Alinma Bank
3.92
%
8.
Saudi Telecom
3.69
%
9.
Sahara International Petrochemical Co
3.67
%
10.
Alkhorayef Water and Power Technologies Co
3.66
%
Portfolio Composition
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
1.75
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
1.5
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
N.A
Contact
Company Name:
KASB Capital
Website :
www.ksb.com.sa