Jadwa Investment

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Jadwa GCC Equity Fund:

Jadwa GCC Equity Fund is one of the broad ranges of mutual funds that Jadwa offers. The fund aims to provide investors with long-term capital appreciation by investing in GCC equities listed on the GCC Stock Markets which are compliant with the Shariah standards approved by Jadwa’s Shariah Committee.

By providing a diversified range of investments in GCC Equities, the Fund offers the investors an opportunity to benefit from the potential growth in the economy and the financial markets of the GCC countries.

GCC countries have been developing new rules and regulations in order to make their investment environments more attractive to investors. These countries are actually working at an accelerated pace to liberalize the sectors other than oil or gas. This will help GCC markets to better compete with other emerging markets.

All the steps taken by the GCC countries are resulting in their stock markets becoming more sophisticated and the new equity issues are attracting larger investments in the regional markets. These countries are also enhancing their ambitious investment platforms, thus providing private sector companies with attractive investment opportunities and boosting their financial worth.
Jadwa GCC Equity Fund is considered to be a high-risk fund. Main risk is the market risk since the value of the underlying investment fluctuates.

Fund Manager	Jadwa Investment PO Box 60677, Riyadh 11555 Saudi Arabia
Base Currency	Saudi Riyal
Currency Exposure	The Fund has exposure to all GCC 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 GCC 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 GCC 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 GCC Shariah Composite Index
Minimum Initial Subscription	SAR 50,000
Minimum additional Subscription and Redemption	SAR 25,000
Cut-off time	12 noon each Saturday and Monday.
Valuation Day	Every Sunday and Tuesday.
Announcement Day	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

This information provides a brief summary (the "Summary") of Jadwa GCC Equity Fund (the "Fund"). The content of the Summary is for information purposes only. Jadwa Investment does not hold itself out as providing legal, financial or other advice via the Summary. Investment in the Fund is governed by the fund's Terms and Conditions. The Fund is exposed to foreign currencies and changes in the currency exchange rates may have an adverse effect on the value and price of the units.

Investments in the Fund are not deposits and are not guaranteed. The Fund value is subject to fluctuations and the investor may not receive the full amount that invested. The Fund's past performance is not indicative of future performance. The information provided in the Summary may be changed at any time without a prior notice.

Jadwa Investment is authorized and regulated by the Capital Market Authority.

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