About Al Yusr SAR Morabaha Fund
Al Yusr SAR Morabaha Fund is an investment fund profile on SNDUK. This page explains Al Yusr SAR Morabaha Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
Al Yusr SAR Morabaha Fund is managed by SAB Invest. Fund type: money_market. Fund code: YUS. Assets under management: 45809009. Minimum investment: 10 ريال. Inception date: 12/26/2001.
Al Yusr SAR Morabaha Fund is an open-ended public investment fund in the money market funds category, compliant with Shariah standards and guidelines, and managed by SAB Invest. The Fund aims to achieve steady growth in invested capital while preserving it to the greatest extent possible through investment in money market instruments that comply with Shariah standards and guidelines. It is classified as low risk.
The Fund primarily invests in short- to medium-term money market instruments that comply with Shariah standards and guidelines, with its investments concentrated in term Murabaha transactions. Investments in term Murabaha transactions range between 50% and 100% of the Fund’s net assets. The Fund may also invest up to 20% in debt instruments and Sukuk, and up to 20% in structured investment products linked to interest rates issued by a local bank, provided that the invested capital is protected. It may also invest up to 50% in mutual investment funds that comply with Shariah standards and guidelines, and up to 25% in fixed-income debt funds, such as Sukuk funds. The Fund Manager may hold part or all of the Fund’s assets in cash or short-term financial instruments, depending on market conditions.
The Fund uses the one-day SAIBOR index (SAIBOR) as a benchmark for measuring performance. Subscriptions and redemptions are processed on every business day on which the financial markets in the Kingdom of Saudi Arabia are open, and the deadline for receiving requests is before 4:30 p.m. Saudi Arabia time. The unit price is announced one business day after the valuation day, and redemption proceeds are paid before the end of the second business day following the approved valuation day. The minimum initial subscription, additional subscription, and redemption amount is SAR 10 each.
Al Yusr SAR Morabaha Fund fund details
Al Yusr SAR Morabaha Fund is managed by SAB Invest. The asset manager oversees portfolio decisions and fund operations for Al Yusr SAR Morabaha Fund.
Al Yusr SAR Morabaha Fund is classified as a money_market fund, which shapes its risk profile and investment universe.
Investors can identify Al Yusr SAR Morabaha Fund in market data using fund code YUS.
Al Yusr SAR Morabaha Fund reports assets under management of 45809009.
The minimum investment amount to participate in Al Yusr SAR Morabaha Fund is 10 ريال.
Al Yusr SAR Morabaha Fund was launched on 12/26/2001, giving investors a track record to evaluate long-term performance.
Al Yusr SAR Morabaha Fund performance summary
Return over 1 week: +0.0714%. Return over 1 month: +0.3008%. Return over 3 months: +0.8978%. Return over 6 months: +1.8196%. Return over 1 year: +3.8598%. Return over since inception: +72.2263%.
Use this SNDUK fund page to review Al Yusr SAR Morabaha Fund returns, manager details, and strategy before investing.
SNDUK publishes Al Yusr SAR Morabaha Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
