CMA nods to public offering of Al Rajhi Momentum Fund

30/07/2023 Argaam
Logo of Capital Market Authority (CMA)

Logo of Capital Market Authority (CMA)


The Capital Market Authority (CMA) approved Al Rajhi Capital’s application to float units of Al Rajhi Momentum Fund.

 

An investment decision without reading the terms and conditions (T&Cs) carefully or fully reviewing their content may involve high risk, the market regulator said in a statement today, July 30.

 

The CMA's approval should never be considered as a recommendation to subscribe to the fund.

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