About Al Rajhi Saving and Liquidity Fund - USD
Al Rajhi Saving and Liquidity Fund - USD is an investment fund profile on SNDUK. This page explains Al Rajhi Saving and Liquidity Fund - USD performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
Al Rajhi Saving and Liquidity Fund - USD is managed by Al Rajhi Capital. Fund type: money_market. Fund code: RMU. Assets under management: 94703443. Minimum investment: 50 دولار أمريكي. Inception date: 12/16/1990.
Al Rajhi USD Saving and Liquidity Fund is one of the oldest money market funds in the Kingdom of Saudi Arabia. Launched in 1990, it is an open-ended public investment fund that complies with Shariah principles. The fund aims to achieve steady capital growth while maintaining a high level of liquidity by investing in money market instruments and low-risk short-term financing transactions denominated in U.S. dollars.
The fund follows a conservative investment strategy focused on executing Shariah-compliant commercial transactions using Mudarabah and commodity Murabaha structures, alongside investments in money market instruments and short-term Sukuk. This strategy seeks to achieve a balance between risk management, maintaining daily liquidity, and generating stable returns that are aligned with prevailing yields in the U.S. dollar money market. The fund also uses the 1-Month SOFR (1M SOFR) as its benchmark index to measure and compare its performance.
The fund allocates between 60% and 100% of its assets to cash, money market instruments, and Shariah-compliant money market funds. It may also invest up to 30% of its assets in Sukuk and other short-term financial instruments, in addition to investing up to 10% in other investment funds with similar objectives and strategies. This allocation provides the fund manager with the flexibility to manage liquidity efficiently, capitalize on low-risk investment opportunities, and maintain the overall quality of the investment portfolio.
One of the fund's key advantages is its daily liquidity, with subscriptions and valuations available from Sunday through Thursday. The unit price is announced on the following business day, while redemption proceeds are paid on the business day following the valuation date. The minimum initial subscription is USD 50, while the minimum additional subscription is USD 10. The fund does not charge any subscription or redemption fees, making it a suitable option for investors seeking to manage their U.S. dollar liquidity efficiently and flexibly.
Al Rajhi Saving and Liquidity Fund - USD fund details
Al Rajhi Saving and Liquidity Fund - USD is managed by Al Rajhi Capital. The asset manager oversees portfolio decisions and fund operations for Al Rajhi Saving and Liquidity Fund - USD.
Al Rajhi Saving and Liquidity Fund - USD is classified as a money_market fund, which shapes its risk profile and investment universe.
Investors can identify Al Rajhi Saving and Liquidity Fund - USD in market data using fund code RMU.
Al Rajhi Saving and Liquidity Fund - USD reports assets under management of 94703443.
The minimum investment amount to participate in Al Rajhi Saving and Liquidity Fund - USD is 50 دولار أمريكي.
Al Rajhi Saving and Liquidity Fund - USD was launched on 12/16/1990, giving investors a track record to evaluate long-term performance.
Al Rajhi Saving and Liquidity Fund - USD performance summary
Return over 1 week: +0.0725%. Return over 1 month: +0.3148%. Return over 3 months: +0.9654%. Return over 6 months: +1.9838%. Return over 1 year: +4.2222%. Return over since inception: +65.905%.
Use this SNDUK fund page to review Al Rajhi Saving and Liquidity Fund - USD returns, manager details, and strategy before investing.
SNDUK publishes Al Rajhi Saving and Liquidity Fund - USD data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
