Fund Profile

Fund Overview

Alkhabeer Growth and Income Traded Fund is a Sharia compliant closed ended traded fund.

Managed Assets

Listed global and local equities, IPO and share capital increases of listed companies, non-listed companies in the pre-IPO stage by subscribing in private placements, public and private equity funds, index funds and money market funds, cash liquidity and Murabaha transactions, Alkhabeer global equity index: is an index especially created for the fund in collaboration with the index service provider, who will calculate the valuations of the companies that are included in the index, and will manage the index on behalf of the fund. The index includes companies which are diversified by sector and size in the largest global capital markets, as well as the largest leading companies in the kingdom of Saudi Arabia. The companies will be filtered based on a market value exceeding us $ 100 million, and a trade value exceeding US dollar 1 million per day. The index includes 160 global family companies compliant with the guidelines of the Sharia supervisory committee, in addition to the largest 10 listed companies on the Saudi stock exchange. The global companies included in the index are divided by market cap into three categories: the largest 70 in terms of market value of free float shares among large market cap companies, the largest 50 companies in terms of market value of free float shares among medium market cap companies, and the largest 40 companies in terms of market value of free float shares among small market cap companies.

Terms and Conditions

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Fund Profile

Investment limits

The Fund Manager shall comply with the restrictions and limits as provided in the Investment Funds Regulations and the Terms and Conditions of the fund.