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Al Rajhi Momentum Fund

Investment Funds

Al Rajhi Momentum Fund is a public open-ended investment fund, which aims to achieve capital appreciation by investing mainly in listed companies in the Saudi stock markets with high liquidity opportunities, in compliance with the Sharia regulations approved by the Sharia Board of the Fund

Features

  • Concentration of investment in stocks of companies with high liquidity opportunities
  • Daily subscription and redemption
  • Active management to target profitable investments
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  • Terms & Conditions

  • Fund Brochure

  • Fact Sheet

  • Quarterly Statement Report

  • Interim Financial Statement

  • Annual Report

  • Financial Statement

Fund Details

Title
Description
Fund Domicile
Saudi Arabia
Inception Date
2023-08-10
Inception Price
10.000000000
Fund Currency
SAR
Benchmark
S&P Saudi Shariah Index
ISIN
080
Subscription Fee
SAR 2
Management Fee
2% annually of the fund’s net asset value
Minimum Subscription
SAR 10
Minimum Additional Subscription Fee
SAR 1
Minimum Redemption
SAR 10
Cut-Off Time
Before 10:00 AM in the dealing day
Announcement Day
the next business day after the dealing day

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