
Al Rajhi Awaeed Fund
Investment Funds
Al Rajhi Awaeed Fund is an open-ended investment fund which aims to achieve growth in capital and liquidity through investing in Shariah deposits and money markets instruments & funds that are compliant with Shariah guidelines adopted by Al Rajhi Capital's Shariah Supervervision Committee. In addition, the fund also invests in debt market instruments & funds to realise a continuous growth in the capital.
Objectives
- To achieve growth in capital and liquidity
- Low-risk investments
- Possibility for daily subscription and redemption

Fund Details
Title
Description
Fund Domicile
Saudi Arabia
Inception Date
2023-12-31
Inception Price
1.000000000
Fund Currency
SAR
Benchmark
The fund's benchmark is SAIBOR -3 Months.
ISIN
089
Subscription Fee
SAR 0
Management Fee
0.50% annually of the fund’s net asset value
Minimum Subscription
SAR 10
Minimum Additional Subscription Fee
SAR 1
Minimum Redemption
SAR 10
Valuation Days
Sunday to Thursday
Cut-Off Time
Before 14:00 PM in the dealing day
Announcement Day
Following the Dealing Day
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Initial Investment
0
Additive amount (SAR)
0
Duration
0 Year/s
Return (%)
0 %
Your Yearly Payment (SAR)
0
Return of investment (SAR)
0
Total Investment Amount (SAR)
0
APR
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