Ladies Fund

Ladies Fund

Achieve continued increase in investors capital in the long term without distribution of profits which will be re-invested with the capital, through investment in various Al Rajhi funds with their different return and risk profile (minimum 25% in commodities and the rest in one or more of Al Rajhi equity funds). To encourage

Features

• Date of launch : May 2001, unit price : USD 100
• Risks: investment in shares entails high risks due to fluctuations in prices of shares and currencies in the market in addition to currency risks. Such risks are mitigated by the policies applied by Fund management through diversification of the fund portfolio with respect to country diversification and different economic sectors in addition to selection of companies known for their strong financial position.
• Minimum subscription amount : 2000 $
• Minimum Additional subscription: 1000 $
• Minimum redemption : 1000 $
• Evaluation : Monthly. (Last business day of each month).
• Days of business : The last half of every month.
• Redemption payment : On the fourth day of the 2nd month
• Currency of the fund : US Dollar .
• Subscription fees 1.5% of subscription amount.