Jadwa Arab Markets Equity Fund

Offering the broadest range of regional investments in the Jadwa portfolio, the Jadwa Arab Markets Equity Fund invests in a select number of equities from stock markets throughout the Arab world. Privatisation in many Arab countries within the telecommunications, health and transportation sectors is creating opportunities for capital growth. The Fund’s benchmark is the Standard & Poor’s Pan-Arab Shariah Index.

Fund Manager Jadwa Investment
PO Box 60677, Riyadh 11555
Saudi Arabia
Base Currency Saudi Riyal
Currency Exposure The Fund has exposure to all Arab currencies and changes in currency rates may have an adverse effect on the value and price of its units
Investment Fund Objective To provide long-term capital growth by investing in Arab Markets equity markets, in accordance with Shariah investment guidelines of the Fund Manager’s Shariah Committee.
Investment Strategies The Fund invests its assets in a diversified portfolio comprised of Shariah-compliant companies listed on the Arab equity markets, using a multi-strategy approach. The Fund may also invest up to 25% of its assets in other approved Shariah-compliant investment funds.
Level of Risk This is a high-risk Fund and its unit price may fall due to fluctuations in the prices of its underlying securities resulting in the investor getting back less than he invested.
Investment Suitability Due to its risk level, the Fund may not be suitable for investors with a low-risk profile. Investors are recommended to seek advice from their investment advisors.
Benchmark S&P Pan-Arab Shariah Index (TR)
Minimum Initial Subscription SAR 50,000
Minimum additional Subscription and Redemption SAR 25,000
Cut-off time 10 am Riyadh time of every Business Day
Valuation Day Every Business Day in Saudi Arabia 
Announcement Day At 5 PM the day following the valuation day.
Payment Day of the Redeemed Amount Four business days after the relevant Valuation day.
Subscription Fees 3% deducted from each subscription.
Management Fees 1.95% annually of the assets under management.
Dilution Charges  (re-invested in the fund) 1% of the value of units redeemed within 30 days of their purchase.
Unit Price and Day of Inception SAR 100 on 30 June 2007