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×Investment Strategy
The fund follows an investment strategy in mutual funds that comply with Shariah standards and approved by the Shariah Board of the Fund. The fund invests most of its assets (maximum of 80%) in local, regional and global funds and only 20% of its assets are invested in Murabaha and Sukuk Funds
Fund Facts
Fund Manager | SAB INVEST |
Domicile | Saudi Arabia |
Eligibility | All investors |
Fund Category | Mixed Assets |
Fund SubCategory | Shariah Compliant |
Inception Date | 28/12/2004 |
Inception Price | 10.00 |
Valuation Period | Bi-Weekly |
Valuation Basis | The fund is valued on Mondays and Wednesdays. |
Fund Name | Alawwal Invest Multi Assets Growth Fund |
Short Name | Multi Assets Growth |
Fund Objective | The fund seeks to achieve medium - long term capital growth through investing in Shariah-Compliant funds |
Fund Classification | Growth |
Geographic Focus | Worldwide |
Currency | Riyal |
Structure | Open |
Fees And Expenses
Additional Subscription Information :
2,500.00
Management Fee | 0.45 % | Performance Fee | - |
Management Fee Type | Per annum | Min. Subscription | 5,000.00 |
Subscription Fee | 2.00 % | Min. Redemption | 2,500.00 |
Redemption Fee | - | Custodian Fee | - |
Date | Downloads | |
---|---|---|
Alawwal Invest Multi Assets Growth Fund | 11/02/2024 |
Fund | H1 | H2 | Year | |||
---|---|---|---|---|---|---|
Alawwal Invest Multi Assets Growth Fund | - | - | ||||
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Fund Performance
Data Not Available
NAV | 249,296,378.04 |
Unit Price | 37.8555 |
Last Update | 06/05/2024 |
Change | 0.71 % |
Previous Close | 37.59 |
12 Month Low | 29.06 |
12 Month High | 38.57 |
Performance Overview
Change (1M) | (0.58) % |
Change (3M) | 3.70 % |
Change (12M) | 31.21 % |
Change (3Y) | 55.59 % |
Change (5Y) | 95.31 % |
YTD | 6.27 % |
Change Since Inception | 278.56 % |
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