The fund aims to provide long-term capital growth by investing mainly in listed Saudi joint stock companies across different sectors, in accordance to Shariah Committee princilples.The Fund manager employs research tools and focuses on companies that enjoy strong fundamental factors and promising long-terms growth. During allocating assets, he will take into consideration the relative weight of companies in the benchmark, risk requirements, market trends, economic and political conditions, in addition to fund objectives. The Fund will invest also in Saudi IPOs and reinvest distributed dividends in the fund.
Riyad Saudi Equity Sharia Fund
Latest Price NAV
USD
4.23
as of
11/Sep/23
Objective
Key Facts
Launch Date :
21/Nov/96
Asset Type :
EquityBase Currency :
Saudi Arabian RiyalTotal Net Asset (USD M) :
233.68
Benchmark :
Tadawul All Share Index
Dividend Type :
N.A
Income Distribution :
Retained
Total Expense Ratio % :
N.A
Geographical Focus :
Saudi Arabia
Shariah Compliant
Shariah
Performance
3 Yrs Performance
25.33
5 Yrs Performance
16.07
10 Yrs Performance
8.29
Top Holdings
1.
Al Rajhi
19.92
%
2.
Alinma
9.96
%
3.
STC
6.26
%
4.
Saudi Aramco
6.17
%
5.
Arabian Drilling Co.
4.31
%
6.
SABIC
4.24
%
7.
Solutions
3.9
%
8.
Alhammadi
3.87
%
9.
Almouwasat
3.81
%
10.
Riyadh Cables Group
3.66
%
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:
Riyad Capital CJSC
Website :
www.riyadcapital.com