About Alpha Murabaha Fund
Alpha Murabaha Fund is an investment fund profile on SNDUK. This page explains Alpha Murabaha Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
Alpha Murabaha Fund is managed by Alpha Capital. Fund type: money_market. Fund code: ALM. Assets under management: 10109331463. Minimum investment: 5000 ريال. Inception date: 10/15/2018.
Alpha Murabaha Fund is a Shariah-compliant, open-ended public money market and fixed income fund managed by Alpha Capital. The Fund aims to generate low-risk current income while preserving capital and providing liquidity, investing primarily in Murabaha transactions and other low-risk, short-term financial instruments.
The Fund's assets are allocated within set limits: cash and investments maturing within seven days range between 10% and 100% of net assets; short-term money market instruments such as deposits, Murabaha, and Ijara between 0% and 100%; money market funds and fixed-income debt instrument funds between 0% and 60%; and fixed-income instruments between 0% and 50%.
Exposure to any single entity or group may not exceed 25% of net assets. Investment in securitization is capped at 10%, as are investments in private funds or illiquid assets. The Fund invests in securities and Sukuk with investment-grade credit ratings, and may allocate up to 15% to securities and Sukuk below investment grade, subject to internal assessment. The weighted average maturity of the Fund's assets may not exceed 180 days, and the Fund may obtain Shariah-compliant financing of up to 15% of net assets for a term of no more than one year.
Alpha Murabaha Fund does not distribute profits to unitholders; all profits, distributions, and income are reinvested in the Fund. The Fund is classified as low risk.
The Fund's benchmark is one-month SAIBOR, the rate offered on Saudi Riyal deposits among Saudi banks for a one-month term.
Subscription and redemption requests are accepted on every business day, except official bank holidays. The deadline for submitting requests is 2:00 p.m. on each business day.
Alpha Murabaha Fund fund details
Alpha Murabaha Fund is managed by Alpha Capital. The asset manager oversees portfolio decisions and fund operations for Alpha Murabaha Fund.
Alpha Murabaha Fund is classified as a money_market fund, which shapes its risk profile and investment universe.
Investors can identify Alpha Murabaha Fund in market data using fund code ALM.
Alpha Murabaha Fund reports assets under management of 10109331463.
The minimum investment amount to participate in Alpha Murabaha Fund is 5000 ريال.
Alpha Murabaha Fund was launched on 10/15/2018, giving investors a track record to evaluate long-term performance.
Alpha Murabaha Fund performance summary
Return over 1 week: +0.0981%. Return over 1 month: +0.4462%. Return over 3 months: +1.2571%. Return over 6 months: +2.5368%. Return over 1 year: +5.4597%. Return over since inception: +33.7047%.
Use this SNDUK fund page to review Alpha Murabaha Fund returns, manager details, and strategy before investing.
SNDUK publishes Alpha Murabaha Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
