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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
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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
2023-12-31
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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