About Riyad Al Jarei Sharia Fund
Riyad Al Jarei Sharia Fund is an investment fund profile on SNDUK. This page explains Riyad Al Jarei Sharia Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
Riyad Al Jarei Sharia Fund is managed by Riyad Capital. Fund type: fund_funds. Fund code: RJS. Assets under management: 49411600. Minimum investment: 100 ريال. Inception date: 12/31/2002.
Riyad Al Jarei Fund is a Shariah-compliant open-ended public investment fund in the fund-of-funds category. It invests its assets in a selected group of investment funds that comply with the Shariah standards approved by the Fund’s Shariah Committee, with the objective of achieving long-term capital growth. It is classified as a high-risk fund.
Unlike traditional equity funds that invest directly in company shares, Riyad Al Jarei Fund adopts a “fund-of-funds” structure, whereby it builds its portfolio from units of other funds that comply with Shariah requirements, allowing investors to achieve broad diversification across multiple asset classes and markets through a single investment vehicle.
The Fund is required to allocate at least 70% of its net assets to high-risk funds, with no upper limit, while there are no specified minimum or maximum limits for investments in fixed-income funds and low-risk funds. The Fund Manager may invest in funds managed by itself or by other fund managers.
Dealing and valuation take place from Monday to Thursday, with the deadline for receiving orders being before 12:00 noon on the dealing day. The unit price is announced on the business day following the dealing day, while redemption proceeds are paid within a maximum of 5 business days. Riyad Al Jarei Fund follows a policy of reinvesting profits without making cash distributions.
Riyad Al Jarei Sharia Fund fund details
Riyad Al Jarei Sharia Fund is managed by Riyad Capital. The asset manager oversees portfolio decisions and fund operations for Riyad Al Jarei Sharia Fund.
Riyad Al Jarei Sharia Fund is classified as a fund_funds fund, which shapes its risk profile and investment universe.
Investors can identify Riyad Al Jarei Sharia Fund in market data using fund code RJS.
Riyad Al Jarei Sharia Fund reports assets under management of 49411600.
The minimum investment amount to participate in Riyad Al Jarei Sharia Fund is 100 ريال.
Riyad Al Jarei Sharia Fund was launched on 12/31/2002, giving investors a track record to evaluate long-term performance.
Riyad Al Jarei Sharia Fund performance summary
Return over 1 week: -0.7557%. Return over 1 month: +2.2661%. Return over 3 months: +1.1664%. Return over 6 months: +7.616%. Return over 1 year: +15.3844%. Return over since inception: +320.7381%.
Use this SNDUK fund page to review Riyad Al Jarei Sharia Fund returns, manager details, and strategy before investing.
SNDUK publishes Riyad Al Jarei Sharia Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
