About Alinma Emerging Markets Equity Fund
Alinma Emerging Markets Equity Fund is an investment fund profile on SNDUK. This page explains Alinma Emerging Markets Equity Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
Alinma Emerging Markets Equity Fund is managed by Alinma Capital. Fund type: equity. Fund code: AEM. Assets under management: 89110505. Minimum investment: 1 ريال. Inception date: 10/15/2023.
Alinma Emerging Markets Equity Fund is an open-ended public index fund that aims to achieve long-term capital growth by investing in Shariah-compliant emerging market equities.
The fund follows a passive investment strategy designed to replicate the performance of the FTSE Alinma Emerging Markets Islamic Index, providing investors with a cost-efficient way to gain exposure to a broad range of listed companies across emerging markets without the need to select individual stocks or actively manage a portfolio.
Alinma Emerging Markets Equity Fund focuses on investing in the constituents of the benchmark index using the same or similar weightings, while rebalancing the portfolio whenever changes occur in the index to maintain the highest possible level of tracking accuracy. The fund invests in listed companies across a number of emerging markets, including Asia, the Middle East, Latin America, and Africa, with notable exposure to markets such as Taiwan, China, Saudi Arabia, South Africa, Brazil, and Mexico, providing broad geographical diversification within a Shariah-compliant investment framework.
The fund allows investors to subscribe and redeem with a minimum investment of only SAR 1, with subscription and redemption requests accepted on every business day. However, dealing days are Mondays and Wednesdays of each week, and redemption proceeds are paid before the end of the fifth business day following the relevant valuation point. The fund charges a subscription fee of up to 2% of the subscription amount, while no redemption fee or early redemption fee is applied.
Alinma Emerging Markets Equity Fund fund details
Alinma Emerging Markets Equity Fund is managed by Alinma Capital. The asset manager oversees portfolio decisions and fund operations for Alinma Emerging Markets Equity Fund.
Alinma Emerging Markets Equity Fund is classified as a equity fund, which shapes its risk profile and investment universe.
Investors can identify Alinma Emerging Markets Equity Fund in market data using fund code AEM.
Alinma Emerging Markets Equity Fund reports assets under management of 89110505.
The minimum investment amount to participate in Alinma Emerging Markets Equity Fund is 1 ريال.
Alinma Emerging Markets Equity Fund was launched on 10/15/2023, giving investors a track record to evaluate long-term performance.
Alinma Emerging Markets Equity Fund performance summary
Return over 1 week: +3.2006%. Return over 1 month: -4.0316%. Return over 3 months: -0.784%. Return over 6 months: +11.5539%. Return over 1 year: +31.788%. Return over since inception: +67.1933%.
Use this SNDUK fund page to review Alinma Emerging Markets Equity Fund returns, manager details, and strategy before investing.
SNDUK publishes Alinma Emerging Markets Equity Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
