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×Investment Strategy
The fund’s assets are invested in diversified low-risk trade transactions with counter-parties of good reputation and sound financial backing. The average duration of the fund’s portfolio does not exceed one year.
Fund Facts
Fund Manager | Jadwa Investment Co. |
Domicile | Saudi Arabia |
Eligibility | All investors |
Fund Category | Money Market |
Fund SubCategory | Shariah Compliant |
Inception Date | 05/03/2020 |
Inception Price | 10.00 |
Valuation Period | Daily |
Valuation Basis | The fund is valued daily. |
Fund Name | Jadwa Saudi Riyal Murabaha Fund - Class C |
Short Name | Murabaha - C |
Fund Objective | The fund aims to generate market returns from short-term Murabaha based on trade transactions that are compliant with Shariah principles. The fund also aims to provide liquidity for its unit holders. |
Fund Classification | Growth |
Geographic Focus | Saudi Arabia |
Currency | USD |
Structure | Open |
Fees And Expenses
Additional Subscription Information :
10.00
Management Fee | 15.00 % | Performance Fee | 0.00 % |
Management Fee Type | Per annum | Min. Subscription | 50.00 |
Subscription Fee | 0.00 % | Min. Redemption | 10.00 |
Redemption Fee | 0.00 % | Custodian Fee | 0.02 % |
Date | Downloads | |
---|---|---|
Jadwa Saudi Riyal Murabaha Fund - Class C | 31/05/2023 |
Fund | H1 | H2 | Year | |||
---|---|---|---|---|---|---|
Jadwa Saudi Riyal Murabaha Fund - Class C | - | |||||
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Fund Performance
Data Not Available
NAV | 46,264,801.39 |
Unit Price | 11.0935 |
Last Update | 07/05/2024 |
Change | 0.02 % |
Previous Close | 11.09 |
12 Month Low | 10.56 |
12 Month High | 11.09 |
Performance Overview
Change (1M) | 0.49 % |
Change (3M) | 1.30 % |
Change (12M) | 5.18 % |
Change (3Y) | 9.31 % |
Change (5Y) | - |
YTD | 1.85 % |
Change Since Inception | 10.94 % |
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