Shifa Health Endowment Fund
Past performance
Should I worry?
- In its worst year, the fund lost 5.9% of its value.
- Low volatility.
What it costs you
No fee information available.
About this fund
Encouraging voluntary community participation in non-profit development investment and effective contribution under the concept of social solidarity to participate in supporting the Al-Shifa Health Endowment around the Kingdom of Saudi Arabia to develop and invest its assets in the fund in order to enhance its value and develop the endowed capital for the endowment banks including treatment of needy patients provision of health services and insurance The fund manager's participation in investing assets in all asset classes will be of a variety of risks in a way that achieves the developmental goal of the endowed capital with the endowment yield distributed over the healthy endowment at least 70% of the annual net profits.
- Manager
- الراجحي المالية
- Category
- Sukuk & Bonds
- Inception date
- 2023-05-30
- Currency
- SAR
- Sub-category
- موافق الشريعة
If you had invested…
News & Announcements
Source: Saudi Exchange (Tadawul)
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Important Notice
Not financial advice. Past performance ≠ future results. Investing involves risk of loss. Consult a financial advisor before making investment decisions.