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The Fund is an open-ended Investment Fund with the aim to achieve, over the medium to long-term, capital growth by investing in a portfolio of equities of Financial Institutions listed on the Saudi Stock Market, including Banks and Financial Services companies. The performance of the Fund will be benchmarked against the performance of the Tadawul Banking and Financial Services Index. The Fund Manager may choose to invest excess cash of the Fund in short-term Money Market Instruments with the intention of enhancing the return of the Fund. The Fund is an income accumulation Fund whereby its income will be reinvested and not distributed to the Unit Holders. The reinvestment of the Fund’s income will be reflected in the value and price of the Units.
Name | Title | Since | Until |
---|---|---|---|
Mazin Baghdadi | - | 2007 | Now |
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