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×Investment Strategy
The fund invests in money market securities on short-medium term periods, like time deposits, repurchase agreements, term price deposits and interest rate swaps as well as Murabaha and Sukuk
Fund Facts
Fund Manager | SAB INVEST |
Domicile | Saudi Arabia |
Eligibility | All investors. |
Fund Category | Money Market |
Inception Date | 02/12/1994 |
Inception Price | 10.00 |
Valuation Period | Daily |
Valuation Basis | The fund's units are valued daily based on the market closing price on that day. |
Fund Name | Saudi Riyal Money Market Fund |
Short Name | SRMMF |
Fund Objective | The fund aims to achieve capital preservation & appreciation. |
Fund Classification | Capital Preservation |
Geographic Focus | Saudi Arabia |
Currency | Riyal |
Structure | Open |
Fees And Expenses
Additional Subscription Information :
2,000.00
Management Fee | 0.50 % | Performance Fee | - |
Management Fee Type | Per annum | Min. Subscription | 5,000.00 |
Subscription Fee | - | Min. Redemption | 2,000.00 |
Redemption Fee | - | Custodian Fee | 0.03 % |
Date | Downloads | |
---|---|---|
Saudi Riyal Money Market Fund | 11/02/2024 |
Fund | H1 | H2 | Year | |||
---|---|---|---|---|---|---|
Saudi Riyal Money Market Fund | - | - | ||||
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Fund Performance
Data Not Available
NAV | 59,295,437.81 |
Unit Price | 23.1679 |
Last Update | 07/05/2024 |
Change | 0.02 % |
Previous Close | 23.16 |
12 Month Low | 22.04 |
12 Month High | 23.17 |
Performance Overview
Change (1M) | 0.49 % |
Change (3M) | 1.35 % |
Change (12M) | 5.23 % |
Change (3Y) | 8.98 % |
Change (5Y) | 11.64 % |
YTD | 1.91 % |
Change Since Inception | 131.68 % |
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