About Riyad Global Equity Sharia Fund
Riyad Global Equity Sharia Fund is an investment fund profile on SNDUK. This page explains Riyad Global Equity Sharia Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
Riyad Global Equity Sharia Fund is managed by Riyad Capital. Fund type: equity. Fund code: RGE. Assets under management: 28159689. Minimum investment: 30 دولار. Inception date: 5/17/1999.
Riyad Global Equity Sharia Fund aims to achieve long-term capital growth by investing in Shariah-compliant global equities across various countries and economic sectors. The fund provides investors with access to global markets through a diversified investment portfolio managed in accordance with rigorous investment and Shariah principles, with a focus on achieving long-term capital appreciation.
It is an open-ended equity investment fund that follows an active investment management approach based on fundamental analysis of companies and markets. The fund manager selects companies with strong financial fundamentals and promising growth prospects while maintaining geographic and sector diversification and managing risks in line with the fund’s investment objectives.
The fund may also invest in initial public offerings (IPOs), rights issues, exchange-traded funds (ETFs), real estate investment traded funds (REITs), in addition to Shariah-compliant money market instruments and investment funds within the approved investment limits. The fund primarily focuses on global equities, allocating between 75% and 100% of its net assets to equities, while the remaining assets may be diversified across other investment instruments and markets to enhance portfolio flexibility and capitalize on investment opportunities across global markets, while maintaining continuous compliance with Shariah principles.
Riyad Global Equity Sharia Fund is classified as a high-risk fund due to its exposure to global equity markets and the associated market volatility, currency, economic, and political risks, in addition to concentration risk, liquidity risk, and the risks associated with investing in international markets.
Riyad Global Equity Sharia Fund fund details
Riyad Global Equity Sharia Fund is managed by Riyad Capital. The asset manager oversees portfolio decisions and fund operations for Riyad Global Equity Sharia Fund.
Riyad Global Equity Sharia Fund is classified as a equity fund, which shapes its risk profile and investment universe.
Investors can identify Riyad Global Equity Sharia Fund in market data using fund code RGE.
Riyad Global Equity Sharia Fund reports assets under management of 28159689.
The minimum investment amount to participate in Riyad Global Equity Sharia Fund is 30 دولار.
Riyad Global Equity Sharia Fund was launched on 5/17/1999, giving investors a track record to evaluate long-term performance.
Riyad Global Equity Sharia Fund performance summary
Return over 1 week: +5.3047%. Return over 1 month: +3.6229%. Return over 3 months: +1.1473%. Return over 6 months: +7.2575%. Return over 1 year: +14.1253%. Return over since inception: +249.166%.
Use this SNDUK fund page to review Riyad Global Equity Sharia Fund returns, manager details, and strategy before investing.
SNDUK publishes Riyad Global Equity Sharia Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
