Riyad SAR Liquidity Fund - Riyad Capital
Riyad SAR Liquidity Fund
an open-ended public money market fund that invests in money market instruments that comply with the Shariah criteria approved by the Shariah Committee and aims to preserve the invested capital.
Learn More...
Overview
Launch date: October 27, 2024
Fund Manager: Fahad Al-Shubaili
Fund classification: Money Market - Shariah Compliant
Sector Focus: Murabaha transactions
Risk Level: Low
Fund Currency: Saudi Riyal
Dealing days: Sunday through Thursday
Reimbursement period upon redemption: 3 business days
Minimum Subscription, Additional Subscription and Redemption limits:
Minimum initial subscription: SAR 100
Minimum additional subscription or redemption: SAR 100Strategy:
The Fund invests its assets primarily in money market instruments, and the Fund Manager will rely on an investment policy that allows it to concentrate its investments in a variety of investment categories as described below.Title 1
Title 2
Title 3
You can apply through one of the following:
- Through Riyad Capital Mobile Application
- Through Riyad Capital Online
- By contacting Riyad Capital via phone and applying through the Interactive Voice Response (IVR)
- By visiting the nearest Riyad Capital Center and applying through one of the Customer Service representatives
Wednesday, 30 October 2024
Announcement by Riyad Capital regarding the results of the initial public offer of the Riyad SAR Liquidity Fund.
Riyad Capital announces the results of the initial public offer of the Riyad SAR Liquidity Fund:
- Date of closing the offering period: 27 October 2024.
- The collected amount: SAR 323,693,996.27
- Date of fund operation: 27 October 2024.
Past performance is not a guarantee of future returns. The value of units, the income from them, the prices and currencies of the funds, can go down as well as up. Investors may get back less than he or she originally invested. Additionally fees shall apply on the fund. Changes in currency rates may have an adverse effect on the value, price or income of the security. To ensure proper understanding of the fund and its suitability for you according to your risk tolerance, we recommend that you seek a specialized investment advisor. More information about the fund is available in the Terms and Conditions applicable to that fund and must be read carefully before investing. While reading the fund’s Terms and Conditions, please refer to the principal risks of investing in the Fund.