The fund aims to achieve capital and income development by investing in sukuks that comply with the criteria of the fund’s Shariah Committee. Financing commercial contracts, money market funds, money market instruments and deposits, which include, but are not limited to, Murabaha, Wakala, Mudaraba and Musharaka contracts, compound products and asset-backed securities, distributed according to their geographical classification, source, credit rating, yield and maturity date. .
Saudi Fransi Capital Fixed Income Fund Class B
Latest Price NAV
USD
2.67
as of
30/Aug/23
Objective
Key Facts
Launch Date :
13/Apr/22
Asset Type :
Money MarketBase Currency :
Saudi Arabian RiyalTotal Net Asset (USD M) :
25.02
Benchmark :
Index is not available on Lipper Database
Dividend Type :
Income
Income Distribution :
Paid
Total Expense Ratio % :
N.A
Geographical Focus :
Saudi Arabia
Shariah Compliant
Shariah
Performance
3 Yrs Performance
N.A
5 Yrs Performance
N.A
10 Yrs Performance
N.A
Top Holdings
1.
Arabian Centers Sukuk II Ltd
12.59
%
2.
Boubyan Tier 1 Sukuk Ltd
11.42
%
3.
DIB Tier 1 Sukuk 3 Ltd
9.6
%
4.
Sharjah Sukuk (Gov of)
9.21
%
5.
The Saudi Investment Bank
8.9
%
6.
The Saudi National Bank
8.9
%
7.
Riyad Bank
8.9
%
8.
Esic Sukuk Ltd
7.48
%
9.
ALdar Sukuk Ltd
6.64
%
10.
GFH Sukuk Ltd
3.85
%
Portfolio Composition
1.
Saudi Arabia
48.05
%
2.
United Arab Emirates
36.67
%
3.
Kuwait
11.43
%
4.
Bahrain
3.85
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
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:
Saudi Fransi Capital JSC
Website :
www.sfc.sa