Alkhabeer Growth Fund to debut on Tadawul on April 27

25/04/2022 Argaam
Logo ofAlkhabeer Growth and Income Traded Fund

Logo of Alkhabeer Growth and Income Traded Fund

Alkhabeer Growth and Income Traded Fund will be listed on the main market as a closed ended investment traded fund on Wednesday, April 27, with the symbol 4701 and ISIN Code SA15HG529EL7, the Saudi Exchange (Tadawul) announced on its website.

 

The fund's units will have +/- 30% daily price fluctuation limits and +/- 10% static price fluctuation limits.

 

These fluctuation limits will be applied during the first three days of listing. From the fourth trading day onwards, the daily price fluctuation limits will revert to +/- 10% and the static price fluctuation limits will no longer apply.

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