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×Investment Strategy
The fund seeks to invest in money market instruments such as murabaha and ijara transactions, sukuk instruments issued by sovereign and quasi-sovereign corporate borrowers. The fund invests also in corporate and convertible sukuk and money market funds denominated in Saudi riyal.
Fund Facts
Fund Manager | Alkhair Capital Saudi Arabia |
Domicile | Saudi Arabia |
Eligibility | All Investors |
Fund Category | Money Market |
Fund SubCategory | Shariah Compliant |
Inception Date | 27/04/2014 |
Inception Price | 10.00 |
Valuation Period | Daily |
Valuation Basis | The fund is valued daily. |
Fund Name | Al-khair Capital Murabaha Fund Saudi Riyal |
Short Name | Al-khair Murabaha SAR Fund |
Fund Objective | The fund seeks to provide ready liquidity to investors and preserve its capital base, by investing in Shariah-compliant money market instruments. |
Fund Classification | Capital Preservation |
Geographic Focus | Saudi Arabia |
Currency | Riyal |
Structure | Open |
Fees And Expenses
Additional Subscription Information :
5,000.00
Management Fee | 0.25 % | Performance Fee | - |
Management Fee Type | Per annum | Min. Subscription | 10,000.00 |
Subscription Fee | - | Min. Redemption | 5,000.00 |
Redemption Fee | - | Custodian Fee | - |
Date | Downloads | |
---|---|---|
Al-khair Capital Murabaha Fund Saudi Riyal | 30/10/2023 |
Fund | H1 | H2 | Year | |||
---|---|---|---|---|---|---|
Al-khair Capital Murabaha Fund Saudi Riyal | - | - | ||||
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Fund Performance
Data Not Available
NAV | 50,791,266.69 |
Unit Price | 12.7688 |
Last Update | 07/05/2024 |
Change | 0.01 % |
Previous Close | 12.77 |
12 Month Low | 12.15 |
12 Month High | 12.77 |
Performance Overview
Change (1M) | 0.50 % |
Change (3M) | 1.43 % |
Change (12M) | 5.13 % |
Change (3Y) | 11.50 % |
Change (5Y) | 17.60 % |
YTD | 2.01 % |
Change Since Inception | 27.69 % |
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