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×Investment Strategy
The fund invests primarily in the equities listed on the Saudi stock markets (TASI- Nomou), IPOs, rights issues and REITs that are compliant with the guidelines of the Fund’s Shariah Supervisory Committee.
Fund Facts
Fund Manager | Rassanah Capital Company |
Domicile | Saudi Arabia |
Eligibility | Every naturally or legally qualified person. |
Fund Category | Equity |
Fund SubCategory | Shariah Compliant |
Inception Date | 30/08/2022 |
Inception Price | 10.00 |
Valuation Period | Bi-Weekly |
Valuation Basis | Valued based on the last published net asset value (NAV) per unit. |
Fund Name | Rassanah Flexible Saudi Equity Fund |
Short Name | Rassanah Flexible Saudi Equity |
Fund Objective | The fund aims to achieve medium-to-long- term capital appreciation. |
Fund Classification | Growth |
Geographic Focus | Saudi Arabia |
Currency | Riyal |
Structure | Open |
Fees And Expenses
Additional Subscription Information :
2,000.00
Management Fee | 0.50 % | Performance Fee | 10.00 % |
Management Fee Type | Per annum | Min. Subscription | 10,000.00 |
Subscription Fee | 1.00 % | Min. Redemption | 2,000.00 |
Redemption Fee | - | Custodian Fee | 0.25 % |
Date | Downloads | |
---|---|---|
Rassanah Flexible Saudi Equity Fund | 19/01/2023 |
Fund | H1 | H2 | Year | |||
---|---|---|---|---|---|---|
Rassanah Flexible Saudi Equity Fund | - | - | ||||
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Fund Performance
Data Not Available
NAV | 6,281,966.81 |
Unit Price | 11.4135 |
Last Update | 01/05/2024 |
Change | (0.13) % |
Previous Close | 11.43 |
12 Month Low | 9.78 |
12 Month High | 11.84 |
Performance Overview
Change (1M) | 0.07 % |
Change (3M) | 6.52 % |
Change (12M) | 5.62 % |
Change (3Y) | - |
Change (5Y) | - |
YTD | 2.68 % |
Change Since Inception | 13.56 % |
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