Albilad Capital rebalances Saudi Sovereign Sukuk ETF basket

07/06/2020 Argaam

Albilad Capital announced in a bourse statement the rebalancing of the Sukuk basket for Albilad Saudi Sovereign Sukuk ETF in line with the Index constitutes.

 

The fund manager said that the rebalancing process was carried out on June 4, 2020.

 

In August 2019, the Capital Market Authority (CMA) approved Albilad Investment Co.’s request to offer and register Albilad Saudi Sovereign Sukuk ETF units on Tadawul as Exchange Traded Fund (ETF).

 

The fund started trading on Tadawul as an ETF on Feb. 17, 2020, with the symbol 9403.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.