About Alinma Saudi Equity Fund
Alinma Saudi Equity Fund is an investment fund profile on SNDUK. This page explains Alinma Saudi Equity Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
Alinma Saudi Equity Fund is managed by Alinma Capital. Fund type: equity. Fund code: ISE. Assets under management: 175700147. Minimum investment: 1 ريال. Inception date: 1/1/2011.
Alinma Saudi Equity Fund (Alinma Saudi Equity Fund) is an open-ended public investment fund that is Shariah-compliant, managed by Alinma Capital, and aims to grow the capital of unitholders over the long term and seek to achieve performance better than the benchmark through investing primarily in shares of companies listed on the Saudi Main Market and compliant with Shariah guidelines. The Fund adopts an active management approach to select investment opportunities and diversify the portfolio across different companies and sectors, and is classified as a high-risk fund.
The Fund invests between 50% and 100% of its net assets in shares of companies listed on the Saudi Main Market, while it may invest up to 30% in each of the listed real estate investment funds, the Nomu Market and other markets approved by the Capital Market Authority, similar investment funds, and exchange-traded funds. The Fund may also invest in Shariah-compliant derivative contracts up to 10% of its net assets.
For liquidity management, the Fund may invest up to 50% of its net assets in money market funds and instruments or hold them as cash, or a combination of both. In exceptional circumstances, this percentage may reach 100% of net assets.
The Fund’s assets are valued every Monday and Wednesday of each week, and the unit price is announced on the business day following the valuation day. The dealing days are Tuesday and Thursday of each week.
The Fund does not charge redemption fees or early redemption fees, and redemption proceeds are paid before the close of business on the fourth day following the valuation day on which the redemption price was determined. If the total redemption requests to be executed on a single dealing day amount to 10% or more of the Fund’s net asset value, the Fund Manager may execute redemptions of up to 10% only of the net assets on that day, with the remaining requests carried forward to the following dealing day.
Alinma Saudi Equity Fund fund details
Alinma Saudi Equity Fund is managed by Alinma Capital. The asset manager oversees portfolio decisions and fund operations for Alinma Saudi Equity Fund.
Alinma Saudi Equity Fund is classified as a equity fund, which shapes its risk profile and investment universe.
Investors can identify Alinma Saudi Equity Fund in market data using fund code ISE.
Alinma Saudi Equity Fund reports assets under management of 175700147.
The minimum investment amount to participate in Alinma Saudi Equity Fund is 1 ريال.
Alinma Saudi Equity Fund was launched on 1/1/2011, giving investors a track record to evaluate long-term performance.
Alinma Saudi Equity Fund performance summary
Return over 1 week: +1.6212%. Return over 1 month: +2.0313%. Return over 3 months: +0.3977%. Return over 6 months: -3.5042%. Return over 1 year: -5.4034%. Return over since inception: +128.9754%.
Use this SNDUK fund page to review Alinma Saudi Equity Fund returns, manager details, and strategy before investing.
SNDUK publishes Alinma Saudi Equity Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
