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Al Rajhi Saudi Health Care Equity Fund

Asset Management

Al Rajhi Saudi Health Care Equity Fund is an open-ended investment fund which aims to achieve capital growth by primarily investing in the shares of healthcare sector companies listed on the Saudi stock markets, in compliance with Shariah standards set by the fund manager.

Features

  • Capital Growth .
  • Access the Saudi Heath Care Sector through a single investment .
  • Open-Ended Liquidity .

Objective

To achieve capital growth by primarily investing in the shares of healthcare sector companies listed on the Saudi stock markets, in compliance with Shariah standards set by the fund manager.
Fund’s Information
Fund Type Growth
Fund Domicile Local
Risk Level High
Inception Price SAR 10
Fund currency Saudi Riyal
Benchmark Al Rajhi Capital Shariah-compliant Saudi Healthcare Sector Companies Index, provided by S&P
Subscription Fees Up to 2%
Management Fees 1.75%
Minimum additional subscription SAR 1
Minimum redemption SAR 10
Valuation days Daily
Cut-Off Time Before 2 PM on the dealing day.
Announcement Day It is the working day following the dealing day, and it is the day on which the unit price is announced.
Redemption days Daily

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