About Al Rajhi GCC Equity Fund
Al Rajhi GCC Equity Fund is an investment fund profile on SNDUK. This page explains Al Rajhi GCC Equity Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
Al Rajhi GCC Equity Fund is managed by Al Rajhi Capital. Fund type: equity. Fund code: RGC. Assets under management: 401120675. Minimum investment: 10 ريال. Inception date: 10/2/2005.
Al Rajhi GCC Equity Fund is an open-ended public equity fund that follows an active management strategy and aims to achieve long-term capital growth by investing primarily in shares of companies listed on the stock markets of the Gulf Cooperation Council (GCC) countries that comply with the Sharia standards established by the Fund's Sharia Supervisory Committee.
The fund also seeks to deliver performance that closely tracks the S&P GCC Shariah Index, which is used as the fund's benchmark for measuring performance. The Al Rajhi GCC Equity Fund is classified as a high-risk fund and is intended for investors seeking long-term capital appreciation who are able to tolerate the high volatility associated with investing in GCC equity markets.
The Al Rajhi GCC Equity Fund follows a flexible asset allocation policy primarily focused on investing in GCC equities, allocating between 50% and 100% of its net assets to equities, initial public offerings (IPOs), and rights issues. The fund may also hold up to 50% of its assets in cash, money market instruments, and money market funds for liquidity management. In addition, it may invest up to 30% in public investment funds with similar objectives and strategies, and up to 15% in other publicly offered securities, including listed real estate funds (REITs). Under exceptional circumstances, the fund manager may hold more than 50% of the fund's assets in cash or money market instruments when necessary for liquidity management or in response to market conditions.
The fund may also invest in other Arab financial markets, with a maximum allocation of 10% of its net assets, following an assessment of the target markets and companies based on economic, political, and regulatory factors.
This geographic diversification provides investors with the opportunity to benefit from growth opportunities across GCC markets while reducing dependence on a single market.
Al Rajhi GCC Equity Fund fund details
Al Rajhi GCC Equity Fund is managed by Al Rajhi Capital. The asset manager oversees portfolio decisions and fund operations for Al Rajhi GCC Equity Fund.
Al Rajhi GCC Equity Fund is classified as a equity fund, which shapes its risk profile and investment universe.
Investors can identify Al Rajhi GCC Equity Fund in market data using fund code RGC.
Al Rajhi GCC Equity Fund reports assets under management of 401120675.
The minimum investment amount to participate in Al Rajhi GCC Equity Fund is 10 ريال.
Al Rajhi GCC Equity Fund was launched on 10/2/2005, giving investors a track record to evaluate long-term performance.
Al Rajhi GCC Equity Fund performance summary
Return over 1 week: -0.4106%. Return over 1 month: -4.6997%. Return over 3 months: -2.9463%. Return over 6 months: -5.7589%. Return over 1 year: -7.7294%. Return over since inception: +214.6378%.
Use this SNDUK fund page to review Al Rajhi GCC Equity Fund returns, manager details, and strategy before investing.
SNDUK publishes Al Rajhi GCC Equity Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
