About Al Rajhi Global Equity Fund
Al Rajhi Global Equity Fund is an investment fund profile on SNDUK. This page explains Al Rajhi Global Equity Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
Al Rajhi Global Equity Fund is managed by Al Rajhi Capital. Fund type: equity. Fund code: RGF. Assets under management: 109324927. Minimum investment: 10 دولار. Inception date: 7/27/1996.
Al Rajhi Global Equity Fund is an open-ended public investment fund in the equity category managed by Al Rajhi Capital. It aims to achieve long-term capital growth by investing in equities that comply with the Shariah standards approved by the Shariah Supervisory Committee of Al Rajhi Capital, and selected mainly from equities listed in global equity markets. The Fund is classified as a high-risk fund.
The Fund relies on active management in selecting and allocating investments, with a primary focus on the shares of companies listed in major global equity markets that are available at attractive valuations, with the potential to achieve long-term capital growth. The Fund also seeks to achieve growth comparable to the benchmark, the Dow Jones Islamic Market Index.
The Fund Manager allocates investments across global economies and major sectors that comply with Shariah principles, with the aim of reducing price volatility risks. The equities are selected, to the extent possible, from companies expected to achieve growth above the expected sector rate, and that have competitive advantages and strong levels of financial strength, based on a range of criteria that may include earnings per share, asset value, cash flows, price-to-earnings ratio, and book value. The Fund Manager also uses active investment approaches with the aim of achieving the best possible returns within the reasonable limits of the risks associated with equity investment.
With regard to investment concentration, Al Rajhi Global Equity Fund may invest in a single company up to 10% of the Fund’s net assets at the time of investment or a percentage equal to the market value of the company’s shares according to the benchmark, whichever is higher. Under all circumstances, the Fund may not own more than 5% of the securities issued by any issuer.
The Fund may also invest available cash in other financial instruments, including units of other investment funds, provided that investments in any other fund do not exceed 10% of the net asset value of Al Rajhi Global Equity Fund, and also do not exceed 10% of the net asset value of the other fund in which the investment is made.
The benchmark of Al Rajhi Global Equity Fund is the Dow Jones Islamic Market Index.
Al Rajhi Global Equity Fund fund details
Al Rajhi Global Equity Fund is managed by Al Rajhi Capital. The asset manager oversees portfolio decisions and fund operations for Al Rajhi Global Equity Fund.
Al Rajhi Global Equity Fund is classified as a equity fund, which shapes its risk profile and investment universe.
Investors can identify Al Rajhi Global Equity Fund in market data using fund code RGF.
Al Rajhi Global Equity Fund reports assets under management of 109324927.
The minimum investment amount to participate in Al Rajhi Global Equity Fund is 10 دولار.
Al Rajhi Global Equity Fund was launched on 7/27/1996, giving investors a track record to evaluate long-term performance.
Al Rajhi Global Equity Fund performance summary
Return over 1 week: -0.5821%. Return over 1 month: +2.4563%. Return over 3 months: +2.563%. Return over 6 months: +11.0315%. Return over 1 year: +26.838%. Return over since inception: +467.5923%.
Use this SNDUK fund page to review Al Rajhi Global Equity Fund returns, manager details, and strategy before investing.
SNDUK publishes Al Rajhi Global Equity Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
