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×Investment Strategy
The Shariah complaint fund seeks to invest in short-term money market instruments such as murabaha, wakala, musharaka. The fund also invests in medium-term fixed-income instruments such as sukuk, reverse repo arrangements, the alternatives of swap, repo and assets-backed securities in units of money market funds.
Fund Facts
Fund Manager | Alinma Investment Company |
Domicile | Saudi Arabia |
Eligibility | All investors |
Fund Category | Money Market |
Fund SubCategory | Shariah Compliant |
Inception Date | 01/01/2011 |
Inception Price | 10.00 |
Valuation Period | Daily |
Valuation Basis | The fund is valued based on total fund assets minus the due liabilities, and then the resultant is divided by the number of the standing units on the evaluation day. |
Fund Name | Alinma Saudi Riyal Liquidity Fund |
Short Name | Alinma Liquidity Fund |
Fund Objective | The fund seeks to preserve its capital base, achieve returns and provide ready liquidity to investors. |
Fund Classification | Income & Growth |
Geographic Focus | Worldwide |
Currency | Riyal |
Structure | Open |
Fees And Expenses
Additional Subscription Information :
1,000.00
Management Fee | 20.00 % | Performance Fee | 0.00 % |
Management Fee Type | Per annum | Min. Subscription | 5,000.00 |
Subscription Fee | 0.00 % | Min. Redemption | 1,000.00 |
Redemption Fee | 0.00 % | Custodian Fee | 0.02 % |
Date | Downloads | |
---|---|---|
Alinma Saudi Riyal Liquidity Fund | 07/11/2023 |
Fund | H1 | H2 | Year | |||
---|---|---|---|---|---|---|
Alinma Saudi Riyal Liquidity Fund | - | - | ||||
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Fund Performance
Data Not Available
NAV | 1,112,590,967.52 |
Unit Price | 12.7090 |
Last Update | 05/05/2024 |
Change | 0.04 % |
Previous Close | 12.70 |
12 Month Low | 12.13 |
12 Month High | 12.71 |
Performance Overview
Change (1M) | 0.45 % |
Change (3M) | 1.34 % |
Change (12M) | 4.83 % |
Change (3Y) | 9.46 % |
Change (5Y) | 13.84 % |
YTD | 1.90 % |
Change Since Inception | 27.09 % |
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