CMA green lights offering of Alinma Emerging Markets Fund

Logo of Capital Market Authority (CMA)

The Capital Market Authority (CMA) approved today, April 27, the request received from Alinma Investment Co. to offer units of Alinma Emerging Markets Fund, according to a statement.

An investment decision without reading the terms and conditions 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, and carefully study it 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 regulator also said that its approval should never be considered as a recommendation to subscribe in the fund, adding that it merely means that the legal requirements as per the Capital Market Law and its implementing regulations have been met.