About Alinma Diversified Saudi Riyal Fund
Alinma Diversified Saudi Riyal Fund is an investment fund profile on SNDUK. This page explains Alinma Diversified Saudi Riyal Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
Alinma Diversified Saudi Riyal Fund is managed by Alinma Capital. Fund type: fixed_income. Fund code: DSF. Assets under management: 355466353. Minimum investment: 10000 ريال. Inception date: 6/8/2023.
Alinma Diversified Saudi Riyal Fund is a Shariah-compliant open-ended public fixed-income fund that aims to balance capital preservation with generating attractive returns by investing in debt instruments, money market instruments, and other Shariah-compliant asset classes.
The fund follows an active investment strategy, with its portfolio diversified across Sukuk, Murabaha transactions, units of investment funds, and cash. It invests 20% to 70% of its assets in debt instruments (with a 50% target allocation), 25% to 100% in money market instruments and money market funds (with a 25% target allocation), and up to 40% in other investment funds, while managing portfolio maturities to maintain an appropriate balance between return, liquidity, and risk.
The fund allows subscriptions on every business day with a minimum initial and additional subscription amount of SAR 10,000, while redemption requests are valued on the last business day of each calendar quarter (with late requests carried forward to the following quarter), subject to a minimum redemption amount of SAR 5,000. The fund does not charge any subscription, redemption, or performance fees. It distributes cash dividends on a quarterly basis (within 15 days after the end of each quarter), when available, with the option to reinvest distributions. The fund's management fee is 0.50% per annum of the fund's total assets.
Alinma Diversified Saudi Riyal Fund measures its performance against the 6-Month Saudi Arabian Interbank Offered Rate (SAIBOR) benchmark and is classified as a medium-risk fund.
Alinma Diversified Saudi Riyal Fund fund details
Alinma Diversified Saudi Riyal Fund is managed by Alinma Capital. The asset manager oversees portfolio decisions and fund operations for Alinma Diversified Saudi Riyal Fund.
Alinma Diversified Saudi Riyal Fund is classified as a fixed_income fund, which shapes its risk profile and investment universe.
Investors can identify Alinma Diversified Saudi Riyal Fund in market data using fund code DSF.
Alinma Diversified Saudi Riyal Fund reports assets under management of 355466353.
The minimum investment amount to participate in Alinma Diversified Saudi Riyal Fund is 10000 ريال.
Alinma Diversified Saudi Riyal Fund was launched on 6/8/2023, giving investors a track record to evaluate long-term performance.
Alinma Diversified Saudi Riyal Fund performance summary
Return over 1 week: +0.1133%. Return over 1 month: -1.0064%. Return over 3 months: -0.0325%. Return over 6 months: -0.0767%. Return over 1 year: -0.0914%. Return over since inception: +3.4577%.
Use this SNDUK fund page to review Alinma Diversified Saudi Riyal Fund returns, manager details, and strategy before investing.
SNDUK publishes Alinma Diversified Saudi Riyal Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
