About Riyad USD Trade Fund
Riyad USD Trade Fund is an investment fund profile on SNDUK. This page explains Riyad USD Trade Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
Riyad USD Trade Fund is managed by Riyad Capital. Fund type: money_market. Fund code: RUT. Assets under management: 16595581. Minimum investment: 100 دولار. Inception date: 10/3/1990.
Riyad USD Trade Fund is an open-ended money market fund that complies with Shariah principles and is managed by Riyad Capital. The fund aims to preserve capital and achieve a competitive return by investing in U.S. dollar-denominated money market instruments.
The fund primarily invests in U.S. dollar-denominated Murabaha transactions, in addition to Shariah-compliant money market instruments and short- to medium-term fixed income instruments issued by local or international entities with appropriate creditworthiness. The fund may also invest in units of money market investment funds, providing a balance between capital preservation, liquidity management, and generating a stable return.
The fund measures its performance against the Secured Overnight Financing Rate for one month (SOFR 1M), a benchmark that reflects the cost of short-term U.S. dollar funding and is used as the fund's reference index for measuring performance and comparing returns.
The investment policy allows the fund to allocate between 50% and 100% of its assets to short- and medium-term money market instruments, up to 50% to fixed income instruments, and up to 20% to units of other investment funds. Investments in unrated fixed income instruments may not exceed 10% of the fund's net assets. The fund may also obtain financing of up to 15% of its net asset value for a period not exceeding one year, in accordance with Shariah and regulatory requirements.
Riyad USD Trade Fund is classified as a low-risk fund. However, it remains exposed to interest rate risk, credit risk, liquidity risk, currency risk, as well as economic, regulatory, and counterparty risks. Investment in the fund does not constitute a bank deposit and does not guarantee returns or capital preservation under all circumstances.
Riyad USD Trade Fund is a suitable choice for investors seeking a low-risk U.S. dollar-denominated investment, with a focus on capital preservation, benefiting from Shariah-compliant money market instruments, maintaining a high level of liquidity, and achieving a competitive return over the short to medium term.
Riyad USD Trade Fund fund details
Riyad USD Trade Fund is managed by Riyad Capital. The asset manager oversees portfolio decisions and fund operations for Riyad USD Trade Fund.
Riyad USD Trade Fund is classified as a money_market fund, which shapes its risk profile and investment universe.
Investors can identify Riyad USD Trade Fund in market data using fund code RUT.
Riyad USD Trade Fund reports assets under management of 16595581.
The minimum investment amount to participate in Riyad USD Trade Fund is 100 دولار.
Riyad USD Trade Fund was launched on 10/3/1990, giving investors a track record to evaluate long-term performance.
Riyad USD Trade Fund performance summary
Return over 1 week: +0%. Return over 1 month: +0.2065%. Return over 3 months: +0.6614%. Return over 6 months: +1.2902%. Return over 1 year: +2.7889%. Return over since inception: +50.4477%.
Use this SNDUK fund page to review Riyad USD Trade Fund returns, manager details, and strategy before investing.
SNDUK publishes Riyad USD Trade Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
