The Fund invests in Shares of Companies/ Units of REIT listed in the Saudi Capital Market (TADAWUL) which are consistent with the Funds Sharia criteria during the IPO phase in the primary market and / or stocks of newly listed companies and /or units of REITS whose listing in the secondary market in the Kingdom of Saudi Arabia does not exceed five years.
Musharaka IPO Fund
Latest Price NAV
USD
4.11
as of
12/Sep/23
Objective
Key Facts
Launch Date :
2/Nov/14
Asset Type :
EquityBase Currency :
Saudi Arabian RiyalTotal Net Asset (USD M) :
2.37
Benchmark :
S&P 500 Shariah TR
Dividend Type :
N.A
Income Distribution :
Retained
Total Expense Ratio % :
N.A
Geographical Focus :
Saudi Arabia
Shariah Compliant
Shariah
Performance
3 Yrs Performance
24.59
5 Yrs Performance
14.01
10 Yrs Performance
N.A
Top Holdings
1.
Musharaka Reit Fund
18.27
%
2.
Saudi ground Services Co
13.36
%
3.
Derayah Reit Fund
12.25
%
4.
Leejam Sports Co
11.92
%
5.
Middle East Healthcare Co
11.91
%
6.
Al Yamamah Steel Industries Co
6.13
%
7.
Saudi Company for Hardware
5.55
%
8.
Jadwa Reit Saudi Fund
5.32
%
9.
Alandalus Property Co
2.74
%
Portfolio Composition
1.
Saudi Arabia
85.9
%
2.
Cash
14.1
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
1.75
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
N.A
Actual Charge :
1.5
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
N.A
Contact
Company Name:
Musharaka
Website :
www.musharakacapital.com