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×Investment Strategy
Investing in money markets transactions such as deposits or Murabaha contracts in KSA and GCC, not less than 50% of the short-term money market transactions’ asset class of the fund’s net assets, and more than that will be invested in money market transactions. The fund also invests in fixed income instruments such as sukuk, structured products, and Shariah-compliant securitization contracts in the markets of Saudi Arabia, GCC and globally, according to the available opportunities. The currency is determined according to the issuer. In this segment of investments, the investment currency will be either Saudi Riyal, one of GCC countries’ currency or US dollar.
Fund Facts
Fund Manager | BLOMINVEST Saudi Arabia |
Domicile | Saudi Arabia |
Eligibility | All investors |
Fund Category | Money Market |
Fund SubCategory | Shariah Compliant |
Inception Date | 04/07/2021 |
Inception Price | 10.00 |
Valuation Period | Daily |
Valuation Basis | Valuation is based on the last announced fund's unit price. |
Fund Name | BLOMINVEST Sr Murabaha Fund |
Short Name | BLOMINVEST Sr Murabaha |
Fund Objective | The fund aims to achieve low-to-medium risk investment returns to unit holders while preserving capital and providing liquidity. |
Fund Classification | Capital Preservation |
Geographic Focus | Saudi Arabia |
Currency | Riyal |
Structure | Open |
Fees And Expenses
Additional Subscription Information :
5,000.00
Management Fee | 0.30 % | Performance Fee | - |
Management Fee Type | - | Min. Subscription | 10,000.00 |
Subscription Fee | - | Min. Redemption | 5,000.00 |
Redemption Fee | - | Custodian Fee | 0.05 % |
Date | Downloads | |
---|---|---|
BLOMINVEST Sr Murabaha Fund | 06/02/2024 |
Fund | H1 | H2 | Year | |||
---|---|---|---|---|---|---|
BLOMINVEST Sr Murabaha Fund | - | - | ||||
|
Fund Performance
Data Not Available
NAV | 295,073,633.10 |
Unit Price | 10.9277 |
Last Update | 05/05/2024 |
Change | 0.04 % |
Previous Close | 10.92 |
12 Month Low | 10.37 |
12 Month High | 10.93 |
Performance Overview
Change (1M) | 0.48 % |
Change (3M) | 1.43 % |
Change (12M) | 5.44 % |
Change (3Y) | - |
Change (5Y) | - |
YTD | 1.97 % |
Change Since Inception | 9.28 % |
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