CMA OKs IPO of SEDCO Capital Global Monthly Distributions Fund

04:14 PM (Mecca time) Argaam
Logo ofThe Capital Market Authority (CMA)

Logo of The Capital Market Authority (CMA) 

The Capital Market Authority (CMA) announced today, Feb. 12, its approval of Saudi Economic and Development Securities Co.'s (SEDCO Capital) public offering of the SEDCO Capital Global Monthly Distributions Fund.

 

For more news and details on investment Funds

 

Making an investment decision without carefully reading the terms and conditions (T&Cs) or fully reviewing its content may involve significant risks.

 

Investors are advised to thoroughly read the T&Cs, which provide detailed information about the fund, its investment strategy, and associated risk factors.

 

A careful review is essential to assess the feasibility of the investment while considering the potential risks. If the T&Cs are difficult to understand, investors should consult the fund manager for further clarification.

 

The CMA’s approval of the fund should not be considered a recommendation to subscribe. It merely means that the fund has met the legal requirements set forth in the Capital Market Law and its Implementing Regulations.

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