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Arbah IPO Fund

The objective of the fund is to achieve a return exceeding the performance of the Arbah S&P IPO Index, by investing in Saudi IPOs and Saudi companies listed for five years or less. The fund manager can also invest in other funds which have similar objectives and goals.

The investment strategy is to invest assets in a diversified portfolio comprised of Shariah-compliant companies listed on the Saudi Stock Exchange, using a multi-strategy approach.

Performance
Unit Price 15.2140
YTI 52.14%
YTD Change -12.05%

 

Fund Manager Arbah Capital,PO Box 8807, Dammam 31492,Kingdom of Saudi Arabia
Base Currency Saudi Riyal
Style Shariah-compliant
Investment Fund Objective The fund aims to achieve a return exceeding the performance of the Arbah S&P IPO Index, by investing in Saudi IPOs and Saudi companies listed for five years or less. The fund manager can also invest in other funds that have similar objectives and goals
Investment Strategies The Fund invests its assets in a diversified portfolio comprised of Shariah-compliant companies listed on the Saudi Stock Exchange, using a multi-strategy approach.
Minimum Initial Subscription Individual: SAR 10,000 Institutional: SAR 20,000
Minimum Additional Subscription or Redemption Individual: SAR 5,000 Institutional: SAR 5,000
Cut-off time 12 noon each Sunday and Tuesday
Valuation Day Every Monday and Wednesday
Subscription Fee Upto 2% paid once at subscription time
Management Fees 1.75% Per Annum
Custodian Fee 0.25% Per Annum
Unit price at launch date SAR 10 on 2nd April 2011