Al Rajhi Capital | Al Rajhi MSCI Saudi Multi Factor Index Fund

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

Fund Summary

Fund Type

Public, open-ended

Fund Manager

Al Rajhi Capital

Offering Date

Offering Date From 20/01/2019 till 31/01/2019

Fund Currency

Saudi Riyals

Risk Level

High

Benchmark Index

MSCI Saudi IMI Domestic ex-client defined exclusion Diversified Factor Mix index. A diversified factor mix custom index calculated by MSCI based on the stock exclusions defined by ARC. It will be referred to as the (MSCI Saudi Multi-Factor Index)

Investment objective

Medium to long-term capital growth by tracking the performance of MSCI's Saudi Multi Factor Index, which complies with the Al Rajhi Shariah Boards rules

Eligible Subscribers

Any qualified natural or legal person

Unit Price at Issuance

10 SAR

Minimum Subscription

10 SAR

Minimum Additional Subscription

1 SAR

Minimum Redemption

10 SAR

Minimum Balance

2,000 SAR

Subscription and Redemption Channels

- Investment centers (from Sunday to Thursday) - Electronic channels (seven days a week)

Deadline for receiving subscription and redemption requests

At 5 pm on the day before dealing day

Dealing Days

Monday and Wednesday

Evaluation Days

Each working day

Announcement Days

Announcement Days Next working day after the valuation day

Pay-out of Redeemed Units

The redemption of units will be paid to the unitholder no later than the close of business on the 5th day following the dealing day at which the price of redemption was determined

Subscription Fee

Nil

Management Fees

1 % per annum from net asset value

Custody Fees

Will be paid by the Fund Manager

Transaction Fees

The Fund will bear commissions and fees resulting from the transactions, the purchase and sale of securities according to the prevailing market prices, which are paid to the brokers, securities markets and regulators

Other Expenses

The Fund Manager will bear the necessary and actual fees for its management, including audit, custody, publishing, remuneration of Board members of the fund, regulatory fees and other expenses

Fund Summary
Fund Type	Public, open-ended
Fund Manager	Al Rajhi Capital
Offering Date	Offering Date From 20/01/2019 till 31/01/2019
Fund Currency	Saudi Riyals
Risk Level	High
Benchmark Index	MSCI Saudi IMI Domestic ex-client defined exclusion Diversified Factor Mix index. A diversified factor mix custom index calculated by MSCI based on the stock exclusions defined by ARC. It will be referred to as the (MSCI Saudi Multi-Factor Index)
Investment objective	Medium to long-term capital growth by tracking the performance of MSCI's Saudi Multi Factor Index, which complies with the Al Rajhi Shariah Boards rules
Eligible Subscribers	Any qualified natural or legal person
Unit Price at Issuance	10 SAR
Minimum Subscription	10 SAR
Minimum Additional Subscription	1 SAR
Minimum Redemption	10 SAR
Minimum Balance	2,000 SAR
Subscription and Redemption Channels	- Investment centers (from Sunday to Thursday) - Electronic channels (seven days a week)
Deadline for receiving subscription and redemption requests	At 5 pm on the day before dealing day
Dealing Days	Monday and Wednesday
Evaluation Days	Each working day
Announcement Days	Announcement Days Next working day after the valuation day
Pay-out of Redeemed Units	The redemption of units will be paid to the unitholder no later than the close of business on the 5th day following the dealing day at which the price of redemption was determined
Subscription Fee	Nil
Management Fees	1 % per annum from net asset value
Custody Fees	Will be paid by the Fund Manager
Transaction Fees	The Fund will bear commissions and fees resulting from the transactions, the purchase and sale of securities according to the prevailing market prices, which are paid to the brokers, securities markets and regulators
Other Expenses	The Fund Manager will bear the necessary and actual fees for its management, including audit, custody, publishing, remuneration of Board members of the fund, regulatory fees and other expenses

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 MSCI Saudi Multi Factor Index Fund

Objective

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