An Announcement from Capital Market Authority regarding the approval of Real Estate Investment Traded Fund "Alistithmar AREIC Diversified REIT Fund”.
The Capital Market Authority announces that it has issued its resolution approving “Alistithmar Capital Company” request to offer and register "Alistithmar AREIC Diversified REIT Fund" units on the Saudi Stock Exchange (Tadawul) as Real Estate Investment Traded Fund.
Terms and Conditions (T&Cs) of "Alistithmar AREIC Diversified REIT Fund" 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 of the fund’s investment 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 fund should never be considered as a recommendation to invest in it. The CMA's approval of the fund merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.