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×Investment Strategy
The fund seeks to invest in low-risk, short- and medium-term commodities futures contracts except for gold and silver on London Stock Exchange (LSE) and other GCC markets. The fund also invests in the sukuk issued by creditworthy borrowers in Saudi Arabia and GCC, including those issued by Bank Albilad and its subsidiaries.
Fund Facts
Fund Manager | Al-bilad Investment Co. |
Domicile | Saudi Arabia |
Eligibility | Saudi investors |
Fund Category | Money Market |
Fund SubCategory | Shariah Compliant |
Inception Date | 01/01/2006 |
Inception Price | 1.00 |
Valuation Period | Daily |
Valuation Basis | The fund is valued based on the net asset value per unit determined on a daily basis |
Fund Name | Albilad SAR Murabaha Fund |
Short Name | Albilad SAR Murabaha |
Fund Objective | The fund aims to preserve capital and achieve reasonable returns through short and medium term |
Fund Classification | Capital Preservation |
Geographic Focus | GCC |
Currency | Riyal |
Structure | Open |
Fees And Expenses
Additional Subscription Information :
2,000.00
Management Fee | 0.25 % | Performance Fee | - |
Management Fee Type | Per annum | Min. Subscription | 8,000.00 |
Subscription Fee | - | Min. Redemption | 2,000.00 |
Redemption Fee | - | Custodian Fee | 0.03 % |
Date | Downloads | |
---|---|---|
Albilad SAR Murabaha Fund | 13/10/2022 |
Fund | H1 | H2 | Year | |||
---|---|---|---|---|---|---|
Albilad SAR Murabaha Fund | - | |||||
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Fund Performance
Data Not Available
NAV | 3,109,333,764.75 |
Unit Price | 1.4614 |
Last Update | 05/05/2024 |
Change | 0.05 % |
Previous Close | 1.46 |
12 Month Low | 1.38 |
12 Month High | 1.46 |
Performance Overview
Change (1M) | 0.49 % |
Change (3M) | 1.39 % |
Change (12M) | 5.78 % |
Change (3Y) | 10.80 % |
Change (5Y) | 14.79 % |
YTD | 1.97 % |
Change Since Inception | 46.14 % |
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