About Al Rajhi Monthly Distribution Fund
Al Rajhi Monthly Distribution Fund is an investment fund profile on SNDUK. This page explains Al Rajhi Monthly Distribution Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
Al Rajhi Monthly Distribution Fund is managed by Al Rajhi Capital. Fund type: multi_asset. Fund code: JMD. Assets under management: 2186181270. Minimum investment: 10 ريال. Inception date: 9/5/2022.
Al Rajhi Monthly Distribution Fund provides a multi-asset investment option for investors seeking potential periodic income through a portfolio combining equities, exchange-traded funds, real estate investment trusts, debt and fixed-income instruments, and money market instruments that comply with Shariah guidelines. It is an open-ended public investment fund classified as a multi-asset fund.
The Fund adopts an active investment strategy that allows investments to be allocated among equities, income-generating securities, and liquidity instruments, in accordance with market conditions and available investment opportunities. The proportion invested in equities ranges from 0% to 80% of the Fund’s net asset value, while between 0% and 60% may be allocated to publicly offered investment funds, including exchange-traded funds and real estate investment trusts, and between 0% and 60% to investments in and funds investing in debt and fixed-income instruments.
A proportion ranging from 0% to 40% may also be allocated to cash and money market instruments and funds, while between 0% and 10% may be allocated to privately offered investment funds with similar objectives and strategies. The Fund Manager may hold more than 40% of the Fund’s net asset value in cash or money market instruments and funds during exceptional circumstances. Likewise, total investments in other funds, exchange-traded funds, and publicly offered money market funds may not collectively exceed 60% of the Fund’s net asset value.
The Fund may distribute profits, if any, on a monthly basis on the 15th day of each calendar month, with the Fund Manager determining the amount of distributions in accordance with available profits. Distributions are primarily financed by profits received from the companies invested in, and the Fund Manager may also distribute realized capital gains or part thereof.
Al Rajhi Monthly Distribution Fund fund details
Al Rajhi Monthly Distribution Fund is managed by Al Rajhi Capital. The asset manager oversees portfolio decisions and fund operations for Al Rajhi Monthly Distribution Fund.
Al Rajhi Monthly Distribution Fund is classified as a multi_asset fund, which shapes its risk profile and investment universe.
Investors can identify Al Rajhi Monthly Distribution Fund in market data using fund code JMD.
Al Rajhi Monthly Distribution Fund reports assets under management of 2186181270.
The minimum investment amount to participate in Al Rajhi Monthly Distribution Fund is 10 ريال.
Al Rajhi Monthly Distribution Fund was launched on 9/5/2022, giving investors a track record to evaluate long-term performance.
Al Rajhi Monthly Distribution Fund performance summary
Return over 1 week: -0.8591%. Return over 1 month: -0.2141%. Return over 3 months: -3.2036%. Return over 6 months: -1.2385%. Return over 1 year: -3.8558%. Return over since inception: +6.1588%.
Use this SNDUK fund page to review Al Rajhi Monthly Distribution Fund returns, manager details, and strategy before investing.
SNDUK publishes Al Rajhi Monthly Distribution Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
