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Trahum Endowment Fund - Non Redeemable

Endowment

To develop effective means of caring for inmates, released persons and their families, improving their lives and providing them with material and moral support and rehabilitation to ensure them a dignified life, and conducting practical studies that work on reforming the categories covered by care, through developing the Fund`s assets, investing them and protecting them from extinction.

Objectives

  • To encourage voluntary community participation in non-profit development investment and effective contribution under the concept of social solidarity, to participate in supporting The National Committee for the Care of Prisoners, released persons and their Families (Tarahum) and its subsidiary committees around the Kingdom of Saudi Arabia, to develop and invest its assets in the Fund to enhance its value and develop endowed capital for the benefit of Developing means to care for inmates, released persons and their families, improving their lives and supporting them with material and moral support and, rehabilitating them to ensure a dignified life for them, and conducting practical studies that work on reforming the categories covered by care. The Fund Manager’s participation in investing the assets in all categories of diversified risk assets to achieve the growth objective of endowed capital, with the distrbution of endowment profits to the The National Committee for the Care of Prisoners, Released Persons and their Families (Tarahum) and its subsidiary committees by no less than 50% of net annual profits (distributed and \or capital gains).
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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
2023-11-23
Inception Price
1.000000000
Fund Currency
SAR
Benchmark
60% SAIBOR 3 Months + 25% S&P Saudi REITs Index + 15% S&P Saudi Equity Index
ISIN
084
Subscription Fee
SAR 0
Management Fee
0.40% annually of the fund’s net asset value
Minimum Subscription
SAR 1
Minimum Additional Subscription Fee
SAR 1
Minimum Redemption
SAR 0
Valuation Days
Sunday to Thursday
Cut-Off Time
Before 10:00 AM in the dealing day
Announcement Day
Following the Dealing Day

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