An Announcement from Capital Market Authority regarding the approval of Exchange Traded Fund "Al Rajhi MSCI Saudi Equity ETF"
The Capital Market Authority announces that it has issued its resolution approving Al Rajhi Capital Company’s request to offer "Al Rajhi MSCI Saudi Equity ETF" units on the Saudi Stock Exchange (Tadawul) as an Exchange Traded Fund.
Terms and Conditions (T&Cs) of "Al Rajhi MSCI Saudi Equity ETF" can be obtained from the fund manager’s website and the CMA's website, which contain all relevant information that the investor needs to consider before making (or refraining from) an investment decision.
An investment decision without reading the T&Cs carefully or fully reviewing its content may involve high risk. Therefore, investors should carefully read the T&Cs, which include detailed information on the "Al Rajhi MSCI Saudi Equity ETF" strategy, objectives and risk factors. Thus, providing potential investors the ability to evaluate the viability of investing in "Al Rajhi MSCI Saudi Equity ETF", taking into consideration the associated risks. And if the T&Cs prove to be difficult to understand, it is recommended to consult an authorized financial advisor.
The CMA’s approval of "Al Rajhi MSCI Saudi Equity ETF" should not be considered as a recommendation to invest in it. The CMA's approval of "Al Rajhi MSCI Saudi Equity ETF" merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.
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