Arbah GCC Liquidity Fund is an investment fund invest in money market and fixed income. The Fund is an open ended, Saudi Riyal-denominated fund that aims to provide liquidity upon investor request and capital growth by investing in short-term and fixed income instruments ( investment grade and non-investment grade) supported by assets of GCC countries, compliant with Shariah standards and approved by the Fund's Shariah Committee.
The Fund will not distribute dividends to the unit holders and will be reinvested in the Fund to the unit holder’s benefit. Saudi Arabian Interbank Offered Rate (SAIBOR) is the benchmark for comparing the performance of Arbah GCC Liquidity Fund. The Asset Management team works to outperform the benchmark index performance. Investors can monitor the index performance on the Bloomberg or Reuter’s or any of the Saudi banks. This index is the interest rate on loans between Saudi banks or the interest rate on loans between Gulf banks, a specific weighted.
|Fund Manager||Arbah Capital|
|Base Currency||Saudi Riyal|
|Benchmark||3 month SAIBOR Rate|
|Fund Objective||Capital growth and liquidity|
|Minimum Subscription Amount||SAR 10,000|
|Subscription and Redemption time||12pm daily basis|
|Valuation Days||The NAV is calculated every working days|
|Initial Subscription Fee||No fees|
|Management Fees||0.55% Per Annum|
|Custodian Fees||0.25% Per Annum|