About AlRajhi Large Cap Fund
AlRajhi Large Cap Fund is an investment fund profile on SNDUK. This page explains AlRajhi Large Cap Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
AlRajhi Large Cap Fund is managed by Al Rajhi Capital. Fund type: equity. Fund code: RLC. Assets under management: 1802268462. Minimum investment: 10 ريال . Inception date: 7/31/2024.
Al Rajhi Large Cap Fund is an open-ended public investment fund in the equity category, managed by Al Rajhi Capital. It invests primarily in the shares of large-cap companies listed on the Saudi stock market and compliant with the Shariah guidelines approved by the Fund’s Shariah Supervisory Committee. The Fund is classified as high risk.
The Fund follows an active management approach aimed at achieving suitable returns within the reasonable limits of the risks associated with equity investment. The Fund Manager focuses on selecting large-cap companies listed on the Saudi market, with the possibility of investing in the shares of other companies, initial public offerings, rights issues, and residual offerings, in addition to publicly offered and non-publicly offered investment funds, as well as money market transactions and instruments that comply with the Shariah guidelines.
Under the Fund’s policy, large-cap companies are defined as companies with high market capitalizations that represent the largest 70% of companies listed on the Saudi stock markets, according to the constituents of the Fund’s benchmark index.
Al Rajhi Large Cap Fund measures its performance against the S&P Saudi Arabia LargeCap Shariah Index, which consists of Saudi large-cap companies compliant with the Shariah guidelines. The index is used as a benchmark for comparing the Fund’s performance, and not as a commitment to follow a passive strategy or fully replicate its constituents.
The Fund is dealt in on a daily basis from Sunday to Thursday, with the cut-off time for receiving subscription and redemption requests being 10:00 a.m. on the dealing day.
AlRajhi Large Cap Fund fund details
AlRajhi Large Cap Fund is managed by Al Rajhi Capital. The asset manager oversees portfolio decisions and fund operations for AlRajhi Large Cap Fund.
AlRajhi Large Cap Fund is classified as a equity fund, which shapes its risk profile and investment universe.
Investors can identify AlRajhi Large Cap Fund in market data using fund code RLC.
AlRajhi Large Cap Fund reports assets under management of 1802268462.
The minimum investment amount to participate in AlRajhi Large Cap Fund is 10 ريال .
AlRajhi Large Cap Fund was launched on 7/31/2024, giving investors a track record to evaluate long-term performance.
AlRajhi Large Cap Fund performance summary
Return over 1 week: -1.643%. Return over 1 month: +6.23%. Return over 3 months: +0.2036%. Return over 6 months: +3.011%. Return over 1 year: +1.5692%. Return over since inception: -3.3046%.
Use this SNDUK fund page to review AlRajhi Large Cap Fund returns, manager details, and strategy before investing.
SNDUK publishes AlRajhi Large Cap Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
