The fund aims to achieve capital preservation and reasonable return within a low risk environment through investing primarily in Murabaha deals and short-term trading investments denominated in US Dollar which are compliant to Sharia and secondarily in Sukuk. The Fund is an investment pool for Commodity Trading denominated in US Dollar. The Fund manager will finance Murabaha deals through purchasing commodities and goods from established suppliers against immediate payment, and sell them at higher prices to reputable organizations on deferred payment on the short term.
Riyad USD Trade Fund
Latest Price NAV
USD
6.25
as of
11/Sep/23
Objective
Key Facts
Launch Date :
3/Oct/90
Asset Type :
Money MarketBase Currency :
US DollarTotal Net Asset (USD M) :
22.64
Benchmark :
Index is not available on Lipper Database
Dividend Type :
N.A
Income Distribution :
Retained
Total Expense Ratio % :
N.A
Geographical Focus :
United States of America
Shariah Compliant
Shariah
Performance
3 Yrs Performance
1.66
5 Yrs Performance
1.68
10 Yrs Performance
1.19
Top Holdings
1.
Murabaha1
12.73
%
2.
Murabaha2
12.68
%
3.
Sukuk1
11.41
%
4.
Murabaha3
9.74
%
5.
Murabaha4
8.56
%
6.
Murabaha5
8.55
%
7.
Murabaha6
8.48
%
8.
Murabaha8
6.39
%
9.
Murabaha7
6.39
%
Portfolio Composition
1.
Local Assets
57.3
%
2.
International Assets
42.7
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
0.7
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:
Riyad Capital CJSC
Website :
www.riyadcapital.com