About Alinma IPO Fund
Alinma IPO Fund is an investment fund profile on SNDUK. This page explains Alinma IPO Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
Alinma IPO Fund is managed by Alinma Capital. Fund type: equity. Fund code: AIP. Assets under management: 79123880. Minimum investment: 1 ريال. Inception date: 5/18/2015.
Alinma IPO Fund is a Shariah-compliant open-ended public investment fund that aims to achieve long-term capital growth by investing primarily in the initial public offerings (IPOs) of Saudi joint-stock companies, rights issues, and remaining offerings of companies listed on the Saudi Main Market (Tadawul), in addition to shares of companies that have been listed on the Saudi financial market for no more than five years.
Alinma IPO Fund follows a flexible investment policy that allows 40% to 100% of its assets to be allocated to initial public offerings and newly listed companies. The fund may also invest up to 25% in similar investment funds, up to 50% in listed real estate investment funds (REITs), up to 25% in small and medium-sized companies, and up to 10% in companies listed on the Parallel Market (Nomu) or the stock markets of the GCC countries. In addition, up to 75% of the fund's assets may be allocated to cash and money market instruments according to portfolio management requirements. Under exceptional circumstances, the fund manager may retain up to 100% of the fund's assets in cash or cash equivalents to protect investors' interests.
The fund follows an active investment management strategy in selecting investment opportunities based on a comprehensive analysis of each investment opportunity. It is classified as a high-risk fund and measures its performance against the Alinma Saudi IPO Shariah-Compliant Index (provided by IdealRatings).
Alinma IPO Fund fund details
Alinma IPO Fund is managed by Alinma Capital. The asset manager oversees portfolio decisions and fund operations for Alinma IPO Fund.
Alinma IPO Fund is classified as a equity fund, which shapes its risk profile and investment universe.
Investors can identify Alinma IPO Fund in market data using fund code AIP.
Alinma IPO Fund reports assets under management of 79123880.
The minimum investment amount to participate in Alinma IPO Fund is 1 ريال.
Alinma IPO Fund was launched on 5/18/2015, giving investors a track record to evaluate long-term performance.
Alinma IPO Fund performance summary
Return over 1 week: +1.7012%. Return over 1 month: -1.9509%. Return over 3 months: +0.0376%. Return over 6 months: -5.4385%. Return over 1 year: -12.6826%. Return over since inception: +59.617%.
Use this SNDUK fund page to review Alinma IPO Fund returns, manager details, and strategy before investing.
SNDUK publishes Alinma IPO Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
