ALSuqia Association Endowment Fund
Past performance
Should I worry?
- In its worst year, the fund lost 6.0% of its value.
- Low volatility.
What it costs you
No fee information available.
About this fund
To encourage voluntary community participation in non profit development investment and effective contribution under the concept of social solidarity to participate in supporting irrigation associations around the Kingdom of Saudi Arabia to develop and invest their assets in the fund for the purpose of enhancing their value and developing the endowed capital in a way that supports irrigation projects through drilling wells establishing and maintaining desalination plants and providing potable water. The Fund Managers participation in investing assets in all asset categories with diverse risks and in a way that achieves the development goal of the endowed capital with the distribution of the endowment yield to irrigation associations contributing to the fund at no less than 70% of the net profits annually from distributed profits or capital gains.
- Manager
- الراجحي المالية
- Category
- Saudi Equity
- Inception date
- 2024-09-02
- 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.