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An Announcement by the Capital Market Authority Regarding the Approval of Alkhabeer Capital’s request to delist "Al-Khabeer Growth and Income Traded Fund".
The Capital Market Authority announces the issuance of its resolution approving Alkhabeer Capital’s request to delist "Al-Khabeer Growth and Income Traded Fund", The Fund Manager will publish the timetable for the Fund’s delisting process.
If the unitholders of the Alkhabeer Growth and Income Traded Fund approve the delisting, the Fund’s units will be suspended from trading and subsequently delisted from the Saudi Exchange.
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 strategy, objectives and risk factors. Thus, providing potential investors the ability to evaluate the viability of investing in the fund, 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 the request to delist the fund should not be considered as a recommendation to invest in it. The CMA's approval of the delisting merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.