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Al Rajhi Namaa Fund

Savings Funds

Al Rajhi Namaa Fund is an open-ended investment fund which aims to achieve capital growth aligned with the fund's specified risk level by investing in money market instruments and funds, deposits, and fixed income instruments and funds, in addition to publicly and privately offered investment funds with similar objectives and strategies that is Sharia-compliant.

Features

  • Long-Term Capital Growth.
  • Diversified Investment Strategy.
  • Risk-Adjusted Returns .
  • Open-Ended Liquidity .

Objective

To achieve Long term capital appreciation by investing in Money market instruments and funds, deposits, and fixed income instruments and funds. The Fund also provides liquidity to the investors.
Terms & conditions  Fund Brochure 
 
Fund Type Savings
Risk Level Medium
Inception Price SAR 1
Fund currency Saudi Riyal
Benchmark SIBOR 3 Months
Subscription Fees No fees
Management Fees 0.75%
Minimum Subscription 10 SAR
Minimum additional subscription 1 SAR
Minimum redemption 10 SAR
Valuation days Daily
Cut-Off Time Before 2 PM on the dealing day
Redemption days Daily
Announcement Day It is the working day following the dealing day, and it is the day on which the unit price is announced.

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