About Riyad Sharia Opportunities Fund
Riyad Sharia Opportunities Fund is an investment fund profile on SNDUK. This page explains Riyad Sharia Opportunities Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
Riyad Sharia Opportunities Fund is managed by Riyad Capital. Fund type: equity. Fund code: RSO. Assets under management: 198394495. Minimum investment: 100 ريال. Inception date: 10/24/2023.
Riyad Sharia Opportunities Fund is an open-ended public equity fund that primarily invests its assets in equities compliant with the Shariah standards approved by the Fund’s Shariah Committee. It aims to achieve capital growth over the medium to long term through investments in the Saudi and GCC markets, including initial public offerings, the Nomu market, and traded rights issues, in addition to other investment opportunities compliant with Shariah standards. The Fund is classified as a high-risk fund.
The Fund follows an active management strategy, and its terms and conditions set investment limits whereby investments in public equities in the Saudi and GCC markets, including initial public offerings and traded rights issues, range between 50% and 100%, while up to 30% may be invested in exchange-traded funds and real estate investment trusts, and up to 10% in Saudi companies during the pre-IPO period. Investments in money market instruments and funds may reach up to 100%, while investments in debt market instruments and funds may reach up to 50%, and investments in units of other investment funds may reach up to 50%, in accordance with the investment limits specified in the terms and conditions.
Riyad Sharia Opportunities Fund measures its performance against the S&P Shariah-compliant Companies Index. The index is used as a benchmark for comparing the Fund’s performance, without the Fund being required to allocate its assets according to the index weights.
Riyad Sharia Opportunities Fund fund details
Riyad Sharia Opportunities Fund is managed by Riyad Capital. The asset manager oversees portfolio decisions and fund operations for Riyad Sharia Opportunities Fund.
Riyad Sharia Opportunities Fund is classified as a equity fund, which shapes its risk profile and investment universe.
Investors can identify Riyad Sharia Opportunities Fund in market data using fund code RSO.
Riyad Sharia Opportunities Fund reports assets under management of 198394495.
The minimum investment amount to participate in Riyad Sharia Opportunities Fund is 100 ريال.
Riyad Sharia Opportunities Fund was launched on 10/24/2023, giving investors a track record to evaluate long-term performance.
Riyad Sharia Opportunities Fund performance summary
Return over 1 week: +0.7372%. Return over 1 month: +1.0214%. Return over 3 months: -2.0714%. Return over 6 months: -2.7429%. Return over 1 year: +0.6797%. Return over since inception: -6.533%.
Use this SNDUK fund page to review Riyad Sharia Opportunities Fund returns, manager details, and strategy before investing.
SNDUK publishes Riyad Sharia Opportunities Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
