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×Investment Strategy
The fund seeks to invest in money market instruments, such as deposits, murabaha and Ijara in Saudi and GCC stock markets. The fund may also invest in low risk similar funds and sukuk.
Fund Facts
Fund Manager | Alpha Financial Company |
Domicile | Saudi Arabia |
Eligibility | Every naturally or legally qualified person |
Fund Category | Money Market |
Fund SubCategory | Shariah Compliant |
Inception Date | 16/09/2018 |
Inception Price | 10.00 |
Valuation Period | Daily |
Valuation Basis | The fund is valued based on the net asset value divided by number of outstanding units |
Fund Name | Alpha Murabaha Fund |
Short Name | Alpha Murabaha Fund |
Fund Objective | The Shariah- compliant fund seeks to achieve low-risk return on investment while maintaining capital and providing liquidity by investing in murabaha transactions and other financial instruments. |
Fund Classification | Capital Preservation |
Geographic Focus | GCC |
Currency | Riyal |
Structure | Open |
Fees And Expenses
Additional Subscription Information :
10,000.00
Management Fee | 0.45 % | Performance Fee | - |
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 | |
---|---|---|
Alpha Murabaha Fund | 04/01/2024 |
Fund | H1 | H2 | Year | |||
---|---|---|---|---|---|---|
Alpha Murabaha Fund | - | - | ||||
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Fund Performance
Data Not Available
NAV | 4,397,876,977.57 |
Unit Price | 11.6990 |
Last Update | 07/05/2024 |
Change | 0.02 % |
Previous Close | 11.70 |
12 Month Low | 11.10 |
12 Month High | 11.70 |
Performance Overview
Change (1M) | 0.55 % |
Change (3M) | 1.53 % |
Change (12M) | 5.45 % |
Change (3Y) | 10.47 % |
Change (5Y) | 15.32 % |
YTD | 2.17 % |
Change Since Inception | 16.99 % |
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