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×Investment Strategy
The fund invests up to 95 percent of its assets in the Sukuk issues approved by its internal Shariah board. It may invest up to 5 percent of its assets under management in Shariah-compliant money market instruments.
Fund Facts
Fund Manager | SAB INVEST |
Domicile | Saudi Arabia |
Eligibility | All investors |
Fund Category | Sukuk |
Fund SubCategory | Shariah Compliant |
Inception Date | 18/03/2012 |
Inception Price | 10.00 |
Valuation Period | Weekly |
Valuation Basis | The fund is valued each Tuesday. |
Fund Name | Alawwal Invest Sukuk Fund |
Short Name | Sukuk |
Fund Objective | The fund aims to achieve medium-long term capital growth through investing in local and international Sukuk. The fund also invests in Murabaha transactions and Murabaha Funds, which comply with Shraiah standards |
Fund Classification | Growth |
Geographic Focus | Worldwide |
Currency | USD |
Structure | Open |
Fees And Expenses
Additional Subscription Information :
10,000.00
Management Fee | 0.75 % | Performance Fee | - |
Management Fee Type | Per annum | Min. Subscription | 25,000.00 |
Subscription Fee | 1.00 % | Min. Redemption | 10,000.00 |
Redemption Fee | 0.25 % | Custodian Fee | - |
Date | Downloads | |
---|---|---|
Alawwal Invest Sukuk Fund | 11/02/2024 |
Fund | H1 | H2 | Year | |||
---|---|---|---|---|---|---|
Alawwal Invest Sukuk Fund | - | - | ||||
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Fund Performance
Data Not Available
NAV | 52,189,200.22 |
Unit Price | 8.9092 |
Last Update | 07/05/2024 |
Change | 0.57 % |
Previous Close | 8.86 |
12 Month Low | 8.65 |
12 Month High | 9.03 |
Performance Overview
Change (1M) | (0.22) % |
Change (3M) | (0.41) % |
Change (12M) | (1.10) % |
Change (3Y) | (11.56) % |
Change (5Y) | (9.59) % |
YTD | (0.89) % |
Change Since Inception | (10.89) % |
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