About Al Yusr Saudi Equity Fund
Al Yusr Saudi Equity Fund is an investment fund profile on SNDUK. This page explains Al Yusr Saudi Equity Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
Al Yusr Saudi Equity Fund is managed by SAB Invest. Fund type: equity. Fund code: YSE. Assets under management: 128712995. Minimum investment: 10 ريال. Inception date: 7/21/1995.
Al Yusr Saudi Equity Fund commenced operations on July 22, 1995, making it one of the oldest funds managed by SAB Invest. It is an open-ended public investment fund in the equity fund category, approved by its Shariah Committee as a fund compliant with Shariah principles. It aims to achieve long-term capital growth through investments in Saudi equities. The Fund does not distribute periodic income to unitholders; instead, it reinvests the income generated within the Fund, which is reflected in the net asset value per unit.
The Fund focuses on Shariah-compliant Saudi equities in accordance with the constituents of its benchmark index, with the possibility of investing in other Saudi companies listed on the Main Market and the Nomu Parallel Market. Its investment policy also allows limited investments in Middle East and North Africa markets, in addition to exchange-traded funds, Saudi-listed real estate investment trusts (REITs), and Shariah-compliant money market funds.
Between 75% and 100% of the Fund’s assets are allocated to listed company shares, rights issues, initial public offerings (IPOs), and exchange-traded funds in the Saudi Main Market and Nomu Parallel Market. Up to 20% may be allocated to Shariah-compliant investments in Middle East and North Africa markets, up to 20% to Saudi-listed REITs, and up to 25% to cash, Murabaha transactions, and Murabaha funds approved by the Shariah Committee.
Al Yusr Saudi Equity Fund distinguishes itself from many equity funds by offering daily dealing, from Sunday to Thursday, with redemption proceeds paid within just two business days of the valuation date.
The Fund measures its performance against the S&P Saudi Arabia Shariah Total Return Index. The index is calculated based on the free-float market capitalization of its constituents. It includes most companies listed on the Saudi market, along with listed equity and real estate funds, and excludes certain companies based on criteria including liquidity and size.
Al Yusr Saudi Equity Fund fund details
Al Yusr Saudi Equity Fund is managed by SAB Invest. The asset manager oversees portfolio decisions and fund operations for Al Yusr Saudi Equity Fund.
Al Yusr Saudi Equity Fund is classified as a equity fund, which shapes its risk profile and investment universe.
Investors can identify Al Yusr Saudi Equity Fund in market data using fund code YSE.
Al Yusr Saudi Equity Fund reports assets under management of 128712995.
The minimum investment amount to participate in Al Yusr Saudi Equity Fund is 10 ريال.
Al Yusr Saudi Equity Fund was launched on 7/21/1995, giving investors a track record to evaluate long-term performance.
Al Yusr Saudi Equity Fund performance summary
Return over 1 week: -1.8988%. Return over 1 month: -5.7071%. Return over 3 months: -3.9593%. Return over 6 months: -11.4223%. Return over 1 year: -5.1024%. Return over since inception: -91.8705%.
Use this SNDUK fund page to review Al Yusr Saudi Equity Fund returns, manager details, and strategy before investing.
SNDUK publishes Al Yusr Saudi Equity Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
