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Aljazira Capital set up the Capital Fund for Saudi Stocks. This open fund complies with the principles of Islamic principles, giving investors the opportunity to capitalize on the growth of the Saudi stock market and to fully benefit from the proficiency of our investment experts.
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| Direction of the Fund |
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Diversifying investments is a prime factor in managing risks. As such, investors will benefit from investing in a quite number of Saudi well-sounded companies across different market's sectors.
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| Aim of the Fund |
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The aim of the fund is to capitalize on the appreciation of the Saudi equity market over the long term, and this is achieved through diversifying fund's assets over blue-chip and growth stocks.
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Strategy of the fund
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The fund’s strategy is based on the following:
- Exchange of stocks is restricted to the Saudi stock exchange.
- Well management of fund's liquidity through Murabaha-based ventures.
- The Saudi Riyal is the currency of the fund.
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| Benefits of the Fund: |
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The benefits of investing in the Saudi market are:
- Full assistance from professionals specialized in the Saudi stock market.
- Regulation of the fund’s activities by the legal committee.
- Daily price evaluation of the fund’s shares.
- The possibility of joining the fund with a minimum amount of 5,000 Saudi Riyals.
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| Fees |
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The fund pays the following fees to the fund management as wages in return for the services that it offers:
- Subscription fees: 2% of total subscription amount.
- Management fees: 1.50% yearly on the basic net stock value of the fund’s shares.
- Administration & Custody fees: 0.33% yearly on the basic net stock value of the fund’s shares.
- The fund bears all other costs associated with regulations, marketing and management.
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| Notice: |
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Investors should understand that analyzing the returns of previous years is an indicator of how the fund will perform. However, this does not mean that previous returns are a guarantee of any future achievements. The fund’s units prices can either increase or a decrease, and there are no guarantees for any return on capital. We also wish to draw the investors’ attention to the risks mentioned in the terms and conditions of the fund’s agreement.
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| General Information |
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Fund's details are written in Terms and Conditions booklet, which must be read carefully and thoroughly by any investor.
AlTaiyebat Terms and Conditions
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