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AlRajhi Large Cap Fund

Asset Management

Al Rajhi Large-Cap Fund is an investment fund that aims to achieve capital growth on a long term basis by concentrating the investment in the shares of the leading companies of different sectors which are listed in the Saudi stock markets.

Objective

Al Rajhi PetroChemical Fund is an open-ended investment fund that seeks to achieve capital growth by investing primarily in shares of PetroChemical companies listed on the Saudi Stock Exchange that comply with the Shariah Supervisory Board's controls.

Fund Features

  • to concentrate the investment in leading companies across various sectors
  • capability for daily subscription and redemption
  • active management to target profitable investments
Fund Type
Open Ended Equity Fund
Fund Domicile
Saudi Arabia
Risk Level
high
Inception Date
The fund operates in four days max. after the end of the offering.
Inception Price
SAR 10 Per Unit
Fund Currency
Saudi Riyals
Benchmark
S&P Saudi Arabia LargeCap Shariah Index
Subscription Fee
2% Max. out of each subscription value
Management Fee
1.75% annually of the fund’s net asset value
Performance Fee
Nil
Minimum Subscription
SAR 10
Minimum Additional Subscription
SAR 1
Minimum Redemption
10 SAR
Valuation Frequency & Days
Daily - from Sunday to Thursday
Redemption Days
Daily - from Sunday to Thursday
Cut-Off Time & Day
Before 2 PM - Prior to the dealing Day
Announcement
Following the Dealing Day
Fund Features
Fund Type Open Ended Equity Fund
Fund Domicile Saudi Arabia
Risk Level high
Inception Date The fund operates in four days max. after the end of the offering.
Inception Price SAR 10 Per Unit
Fund Currency Saudi Riyals
Benchmark

S&P Saudi Arabia LargeCap Shariah Index

Subscription Fee 2%Max. out of each subscription value
Management Fee 1.75% annually of the fund’s net asset value
Performance Fees Nil
Minimum Subscription SAR 10
Minimum Additional Subscription SAR1
Minimum Redemption 10 SAR
Valuation Frequency & Days Daily - from Sunday to Thursday
Redemption Days Daily - from Sunday to Thursday
Cut-Off Time & Day Before 2 PM - Prior to the dealing Day
Announcement Following the Dealing Day

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