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×Investment Strategy
The Shariah-compliant fund seeks to invest in the stocks listed on Saudi stock markets, IPOs, rights issues, as well as mutual funds, and IPO funds listed on Saudi and GCC stock markets. The fund also invests in Real Estate Investment Trusts (REITs) and publicly offered money market funds.
Fund Facts
Fund Manager | Musharaka Capital |
Domicile | Saudi Arabia |
Eligibility | All investors |
Fund Category | Equity |
Fund SubCategory | Shariah Compliant |
Inception Date | 02/11/2014 |
Inception Price | 10.00 |
Valuation Period | Bi-Weekly |
Valuation Basis | The fund's assets are valued based on Volume Weighted Average Price. |
Fund Name | Musharaka Saudi Equity Fund |
Short Name | Musharaka Saudi Equity |
Fund Objective | The fund aims to achiee medium-to long-term capital appreciation through investing in the stocks listed on Saudi stock markets. |
Fund Classification | Growth |
Geographic Focus | Saudi Arabia |
Currency | Riyal |
Structure | Open |
Fees And Expenses
Additional Subscription Information :
10,000.00
Management Fee | 1.75 % | Performance Fee | 0.00 % |
Management Fee Type | Per annum | Min. Subscription | 10,000.00 |
Subscription Fee | - | Min. Redemption | 10,000.00 |
Redemption Fee | - | Custodian Fee | 0.02 % |
Date | Downloads | |
---|---|---|
Musharaka Saudi Equity Fund | 09/01/2024 |
Fund | H1 | H2 | Year | |||
---|---|---|---|---|---|---|
Musharaka Saudi Equity Fund | - | - | ||||
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Fund Performance
Data Not Available
NAV | 2,237,034.36 |
Unit Price | 18.1840 |
Last Update | 06/05/2024 |
Change | (2.18) % |
Previous Close | 18.59 |
12 Month Low | 13.53 |
12 Month High | 19.41 |
Performance Overview
Change (1M) | (2.57) % |
Change (3M) | 1.03 % |
Change (12M) | 34.88 % |
Change (3Y) | 78.10 % |
Change (5Y) | 140.33 % |
YTD | 7.53 % |
Change Since Inception | 81.84 % |
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