Al Rajhi Awaeed Fund

Al Rajhi Awaeed Fund is an open-ended investment fund which aims to achieve growth in capital and liquidity through investing in Shariah deposits and money markets instruments & funds that are compliant with Shariah guidelines adopted by Al Rajhi Capital's Shariah Supervervision Committee. In addition, the fund also invests in debt market instruments & funds to realise a continuous growth in the capital.

Objective

To achieve growth in capital and liquidity
Low-risk investments
Possibility for daily subscription and redemption

Terms &conditions Interim Financial Statement Zakat Collection on Mutual Funds Fund Brochure Quarterly Statement Report

Fund’s Information

Fund Type

Open-ended public money market fund

Benchmark

The fund's benchmark is SAIBOR -3 Months.

Risk

Low

Minimum Subscription

SAR 10

Minimum additional subscription

SAR 1

Minimum redemption

SAR 10

Dealing and Valuation days

Daily, from Sunday to Thursday

Unit price at Issuance

SAR 1

Fund currency

Saudi Riyal

Investment Fund period

Open-ended public money market fund

Management Fees

The fund manager is entitled to management fees at a rate of 0.50% from the fund's NAV annually. This percentage is calculated upon each assessment and deducted from the fund's assets at the end of each calender month. The fund manager is also entitled to, at his own discretion, reduce some of the fund's management fees.

Subscription Fees

The fund manager will not receive any subscription fees from the funds subscribers.

Minimum Redemption

Valuation Frequency & Days

Daily - Sunday to Thursday

Redemption Days

None

Fund’s Information
Fund Type	Open-ended public money market fund
Benchmark	The fund's benchmark is SAIBOR -3 Months.
Risk	Low
Inception Date	The fund will operate no longer than four days starting from the end of the offering.
Minimum Subscription	SAR 10
Minimum additional subscription	SAR 1
Minimum redemption	SAR 10
Dealing and Valuation days	Daily - Sunday to Thursday
Cut-Off Time & Day	Daily - Sunday to Thursday Before 2:00 PM
Unit price at Issuance	SAR 1
Fund currency	Saudi Riyal
Investment Fund period	Open-ended public money market fund
Management Fees	The fund manager is entitled to management fees at a rate of 0.50% from the fund's NAV annually. This percentage is calculated upon each assessment and deducted from the fund's assets at the end of each calender month. The fund manager is also entitled to, at his own discretion, reduce some of the fund's management fees.
Subscription Fees	The fund manager will not receive any subscription fees from the funds subscribers.
Redemption Fees	None

Headquartered in Riyadh, Al Rajhi Capital is a Limited Liability Company organized and existing under the laws and regulations of Saudi Arabia and operates under the Authorized Persons Regulations with license number 07068-37 granted by the Capital Market Authority and provides financial and investment related services.

Consideration must be given, that the previous performance is neither an indicator nor a guarantee for achieving returns in the future. Taking into account that investments in mutual fund are subjected to market fluctuations, and the value of units and their generated income may increase or decrease accordingly, resulting in partial or total loss. Also, the fees imposed on the funds such as subscription, performance and management fees may apply. Therefore, investors are advised to consider their personal and financial status and refer to professional experts in the field of investment and legal consultancy, prior to enrolling in any product or a particular fund. Al Rajhi Capital may invest in the fund or related securities. Al Rajhi Capital may have also provided within the previous 12 months signification advice or security business services to the issuer of the securities concerned or of a related security. The source of any indicative information concerning past performance is from Al Rajhi Capital, and such information can be confirmed by reviewing the respective factsheets made available on the company website (www.alrajhi-capital.com). The terms and conditions of every fund encompass detailed and specific information about the product and its risks. It is advisable to read and understand such information before entering into any agreement. Terms and conditions, factsheets and financial statements related to the fund can be obtained from the company website or any of our dedicated investment centres.

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Al Rajhi Awaeed Fund

Objective

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