The fund is an open-end fund incorporated in Saudi Arabia. The investment objective is to generate market returns by investing in Shar’iah compliant instruments mainly murabaha and Sukooks listed in Saudi Arabia and GCC countries. (Sharia Board Committee: Sheikh Abdullah Al Manea, Dr Abdulsattar AbuGhuda, Dr Mohammed El-Gari)
Saudi Fransi Al Badr Murabaha Fund (SAR)
Latest Price NAV
USD
4.46
as of
12/Sep/23
Objective
Key Facts
Launch Date :
1/Sep/99
Asset Type :
Money MarketBase Currency :
Saudi Arabian RiyalTotal Net Asset (USD M) :
270.39
Benchmark :
SAIBOR 3 Months
Dividend Type :
N.A
Income Distribution :
Retained
Total Expense Ratio % :
N.A
Geographical Focus :
Saudi Arabia
Shariah Compliant
Shariah
Performance
3 Yrs Performance
2.11
5 Yrs Performance
2.02
10 Yrs Performance
1.65
Top Holdings
1.
Qatar National Bank Deposit
12.97
%
2.
Qatar National Bank Deposit
11.89
%
3.
Al Rajhi Bank Deposit
9.73
%
4.
Gulf Finance House Deposit
8.54
%
5.
Saudi National Commercial Bank Deposit
8
%
6.
Emirates NBD Deposit
7.57
%
7.
Arab Banking Corporation Deposit
7.57
%
8.
Al Rajhi Bank Deposit
7.03
%
9.
Arab National Bank Deposit
6.49
%
10.
Rawabi Holding Company Sar-denominated Sukuk
4.94
%
Portfolio Composition
1.
Saudi Arabia
33.52
%
2.
Qatar
24.86
%
3.
Bahrain
22.59
%
4.
United Arab Emirates
19.03
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
0.5
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:
Saudi Fransi Capital JSC
Website :
www.sfc.sa