Al Rajhi Capital | Al Rajhi Momentum Fund

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

Fund’s Information

Fund Type

Open Ended Equity Fund fund

Fund Domicile

Saudi Arabia

Risk level

High

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 (face value)

SAR 10

Fund currency

Saudi Riyal

Investment Fund period

Open-ended

Management Fees

The Fund manager is entitled to a management fees of 2% annually of the net asset value. This percentage is calculated at each valuation day and is deducted from the Fund's assets at the end of each calendar month.

Subscription Fees

The Fund manager is entitled to a subscription fee of a maximum of 2% of the value of each subscription, deducted directly upon each subscription to the Fund, which is non-refundable. The Fund manager may, at his own discretion, reduce this percentage

Minimum Redemption

Not applicable

Valuation Frequency & Days

Daily - Sunday to Thursday

Redemption Days

None

Fund’s Information
Fund Type	Open Ended Equity Fund
Fund Domicile	Saudi Arabia
Risk Level	High
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 (face value)	SAR 10
Fund currency	Saudi Riyal
Investment Fund period	Open-ended
Management Fees	The Fund manager is entitled to a management fees of 2% annually of the net asset value. This percentage is calculated at each valuation day and is deducted from the Fund's assets at the end of each calendar month.
Subscription Fees	the Fund manager is entitled to a subscription fee of a maximum of 2% of the value of each subscription, deducted directly upon each subscription to the Fund, which is non-refundable. The Fund manager may, at his own discretion, reduce this percentage
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 Momentum Fund

Key Fund's Features

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