CMA approves public offer of SICO Kingdom Equity Fund

The Capital Market Authority (CMA) approved SICO Capital's request to float the units of the public offer of SICO Kingdom Equity Fund, according to the market regulator's website. 

An investment decision without reading the terms and conditions (T&Cs) carefully or fully reviewing its content may involve high risk. Therefore, investors should carefully read the T&Cs which include detailed information on the fund, investment strategy and risk factors. They should carefully study them to be able to assess the feasibility of taking into consideration the associated risks. 

If the T&Cs prove difficult to understand, it is recommended to refer to the fund manager for more information. 

The CMA's approval of the fund should never be considered as a recommendation to subscribe in the fund. The CMA's approval of the fund merely means that the legal requirements as per the Capital Market Law and its Executive Regulations have been met.