Riyad American Equity Fund - Riyad Capital
Riyad American Equity Fund
Access the U.S. capital markets which offer a high range and variety of securities that can provide superior returns.
Through American Stock Fund in Riyad Capital, you can take advantage of gaining exposure to companies with strong balance sheets and easily spread risks to maximize returns.
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High flexibility as shares are traded in units and lots for different income levels
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High liquidity and demand keep transaction costs low
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Take advantage of a high range and variety of securities
Learn More...
Overview
Objective:
The Fund invests its assets completely in a portfolio of American Stocks sub-managed by Fidelity International. The fund aims to provide long-term capital growth within a high risk environment through investing its assets primarily in American stocks.
Strategy:
The Fund manager employs research tools and focuses on companies that enjoy strong fundamental factors and promises long term capital growth. The manager will diversify assets to minimize risk, taking into consideration the relative weights of companies in the benchmark, risk requirements, market trends, economic and political conditions, in addition to fund objectives.
Riyad American Stock Fund Facts:
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Launch Date: 26-May-1992
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Fund Sub-Manager : Fidelity Investment
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Fund Currency: US Dollar (USD)
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Fund Domicile: American Stocks
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Fund Objective : Capital Growth
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Risk Level: High
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Fund Classification : International
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Valuation/Dealing Days: Mon-Tue-Wed
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Settlement In: 5 Business Days
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Sector Focus: Diversified
Past performance is not a guarantee of future returns. The value of units, the income from them, the prices and currencies of the funds, can go down as well as up. Investors may get back less than he or she originally invested. Additionally fees shall apply on the fund. Changes in currency rates may have an adverse effect on the value, price or income of the security. To ensure proper understanding of the fund and its suitability for you according to your risk tolerance, we recommend that you seek a specialized investment advisor. More information about the fund is available in the Terms and Conditions applicable to that fund and must be read carefully before investing. While reading the fund’s Terms and Conditions, please refer to the principal risks of investing in the Fund.
Fund Documents
Eligibilty
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Initial Subscription/Minimum Balance: USD 2,500
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Minimum Redemption/Additional: USD 1,000
How to apply
You can apply through one of the following:
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Through Riyad Capital Online
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By visiting the nearest Riyad Capital Center and applying through one of the Customer Service representatives
Announcements
Sunday , 21 April 2024
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad American Equity Fund for the period ending on 31/03/2024.
The Riyad Capital announces that the quarterly statement of The Riyad American Equity Fund for the period ending on 31/03/2024 A copy of the quarterly statement can be retrieved in Riyad Capital website in the following link:
https://www.riyadcapital.com/documents/671358/4440768/Riyad+American+Equity+Fund+Q1+2024+EN.pdf/477eb2c6-be8e-7629-2402-1403b4f00217?t=1713692639932
Thursday, 28 March 2024
Announcement by The Riyad Capital that The Riyad American Equity Fund annual reports, including the annual audited financial statements, for the period ended on 31/12/2023 are available to the public
The Riyad Capital announces that The Riyad American Equity Fund annual reports, including the annual audited financial statements, for the period ended on 31/12/2023.
Net assets on the end of period of (4,424,542) USD.
Total expenses and fees for the year/period ( -94,756) USD.
Net profit (loss) for the year/period of (783,562) USD.
Number of outstanding units at the end of period (33,314.87) (units)
Net asset value for the unit in 132.81 USD
Revenue of the period 24.53% .
A copy of the annual report can be retrieved in Riyad Capital website in the following link:
https://www.riyadcapital.com/documents/671358/4867179/Annex+3+Annual+report+RIYAD+AMERICAN+EQUITY+FUND+2023.pdf/88f946d6-9904-7065-58d3-9b0bf485fb9b?t=1711622354094
Monday , 15 January 2024
Announcement by Riyad Capital Company regarding the Results of the Meeting of the Unitholders of Riyad American Equity Fund.
Riyad Capital Company announces the results of (Riyad American Equity Fund) unitholders’ meeting held on (29/06/1445 H.), corresponding to (11/01/2024 G.) as follows:
The unitholders approved the following decisions:
- Changing the fund type from Public Fund to Feeder Fund;
- Modifying the fund’s objective to invest in the Threadneedle US Equity Fund;
- Amending the fund’s investment policy and practices;
- Adjusting fees for services, commissions and fees.
Sunday, 14 January 2024
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad American Equity Fund for the period ending on 31/12/2023.
The Riyad Capital announces that the quarterly statement of The Riyad American Equity Fund for the period ending on 31/12/2023 A copy of the quarterly statement can be retrieved in Riyad Capital website in the following link:
https://www.riyadcapital.com/ar/asset-management/public-funds/
Wednesday, 03 January 2024
Announcement by Riyad Capital regarding a call for a second meeting of the Fund’s unitholders of Riyad American Equity Fund
Riyad Capital invites Riyad American Equity Fund unitholders to attend the second unitholders meeting scheduled to be held on Thursday (29/06/1445 H.), corresponding to (11/01/2024 G.) at 11:00 AM at the company’s headquarters located on the Eastern Ring Road - Al Shuhada District - Granada Business – Tower A1, mezzanine floor in Riyadh, to discuss the following agenda:
A summary of the main suggested decisions:
- Changing the fund type from Public Fund to Feeder Fund;
- Modifying the fund’s objective to invest in the Threadneedle US Equity Fund;
- Amending the fund’s investment policy and practices;
- Adjusting fees for services, commissions and fees.
Note that voting on the proposed decisions will be conducted during the meeting.
Should you need further clarification, please contact us through:
Unified Number: 920012299
E-Mail: ask@riyadcapital.com
Wednesday, 27 December 2023
Announcement by Riyad Capital regarding the details of non-fundamental changes to Riyad American Equity Fund
Riyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Riyad American Equity Fund, such changes will become effective on (29/06/1445 H.), corresponding to (11/01/2024 G.).
The details of the non-fundamental changes are as follows:
- Appointing a zakat and tax advisor for the fund and adding the related information;
- Adding regulatory disclosures related to Zakat;
- Adding the zakat and tax advisor’s expenses to the schedule of fees and expenses;
- Reconstitution of the Fund’s Board of Directors
Wednesday, 27 December 2023
Announcement by Riyad Capital regarding an update of the terms and conditions of Riyad American Equity Fund
Riyad Capital announces an update of the terms and conditions of Riyad American Equity Fund, as of (29/06/1445 H.), corresponding to (11/01/2024 G.).
A summary of the main updated items are as follows:
- Appointing a zakat and tax advisor for the fund and adding the related information;
- Adding regulatory disclosures related to Zakat;
- Adding the zakat and tax advisor’s expenses to the schedule of fees and expenses;
- Reconstitution of the Fund’s Board of Directors
The updated terms and conditions can be found in the attached file. Click here
Thursday, 14 December 2023
Announcement by Riyad Capital regarding call for a meeting of the Fund’s unitholders of Riyad American Equity Fund
Riyad Capital invites Riyad American Equity Fund unitholders to attend the unitholders meeting scheduled to be held on Sunday (18/06/1445 H.), corresponding to (31/12/2023 G.) at 11:00 AM at the company’s headquarters located on the Eastern Ring Road - Al Shuhada District - Granada Business – Tower A1, mezzanine floor in Riyadh, to discuss the following agenda:
A summary of the main suggested decisions:
- Changing the fund type from Public Fund to Feeder Fund;
- Modifying the fund’s objective to invest in the Threadneedle US Equity Fund;
- Amending the fund’s investment policy and practices;
- Adjusting fees for services, commissions and fees.
Note that voting on the proposed decisions will be conducted during the meeting.
Should you need further clarification, please contact us through:
Unified Number: 920012299
E-Mail: ask@riyadcapital.com
Monday, 11 December 2023
Announcement by Riyad Capital regarding a change of the membership of the Board of Directors of Riyad American Equity Fund
Riyad Capital announces a change in the membership of the Board of Directors of Riyad American Equity Fund due to resignation of board member (Mr. Abdulrahman Al-Mashal) (membership status: Dependent), from (07/04/1445 H.), corresponding to (22/10/2023 G.), and appointment of board member (Mr./ Abdullah Alshubaily), (membership status: Independent), from (09/04/1445 H.), corresponding to (24/10/2023 G.). The formation of the Board of Directors, after the change, shall be:
- (Mr./ Raed Albarakati), (membership status: Dependent)
- (Mr./ Ahmad Alharbi), (membership status: Dependent)
- (Mrs./ Amal Alahmad), (membership status: Dependent)
- (Mr./ Abdullah Alshubaily), (membership status: Independent)
- (Mr./ Faisal AlMekanzi), (membership status: Independent)
- (Mr./ Sattam Al Suwailem), (membership status: Independent)
12/10/2023
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad American Equity Fund for the period ending on 30/09/2023.
The Riyad Capital announces that the quarterly statement of The Riyad American Equity Fund for the period ending on 30/09/2023 A copy of the quarterly statement can be retrieved in Riyad Capital website in the following link:
https://www.riyadcapital.com/ar/asset-management/public-funds/
09/08/2023
Announcement by The Riyad Capital for providing the public with the interim financial statements of TheRiyad American Equity Fundfor the period ending on 30/06/2023 are available to the public.
The Riyad Capital announces that the interim financial statements of TheRiyad American Equity Fundfor the period ending on 30/06/2023. The following is the summary of the interim financial results of the period:
- Net assets on the end of period of (3,890,044) (USD).
- Total expenses and fees for the period (44,811) (USD).
- Net profit (loss) for the period of 508,005 (USD).
-Number of outstanding units in the end of period (31,272.0375) (units).
-Net asset value for the unit in 124.39 (USD)
- Revenue of the period 14.25%
12/07/2023
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad American Equity Fund for the period ending on 30/06/2023.
The Riyad Capital announces that the quarterly statement of The Riyad American Equity Fund for the period ending on 30/06/2023 A copy of the quarterly statement can be retrieved in Riyad Capital website in the following link:
https://www.riyadcapital.com/ar/asset-management/public-funds/
Thursday, April 13, 2023
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad American Equity Fund for the period ending on 31/03/2023.
The Riyad Capital announces that the quarterly statement of The Riyad American Equity Fund for the period ending on 31/03/2023. A copy of the quarterly statement can be retrieved in Riyad Capital website in the following link:
https://www.riyadcapital.com/ar/asset-management/public-funds/
Thursday, March 30, 2023
Announcement by The Riyad Capital that The Riyad American Equity Fund annual reports, including the annual audited financial statements, for the period ended on 31/12/2022 are available to the public
The Riyad Capital announces that The Riyad American Equity Fund annual reports, including the annual audited financial statements, for the period ended on 31/12/2022.
Net assets on the end of period of (3,493,881) USD.
Total expenses and fees for the year/period ( -91,753) USD.
Net profit (loss) for the year/period of (-578,512) USD.
Number of outstanding units at the end of period (32,191.24) (units)
Net asset value for the unit in 108.54 USD
Revenue of the period -14.39% .
Thursday, January 12, 2023
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad American Equity Fund for the period ending on 31/12/2022.
The Riyad Capital announces that the quarterly statement of The Riyad American Equity Fund for the period ending on 31/12/2022. A copy of the quarterly statement can be retrieved in Riyad Capital website in the following link:
https://www.riyadcapital.com/ar/asset-management/public-funds/
Thursday, December 15, 2022
Announcement by Riyad Capital regarding the update of the terms and conditions of Riyad American Equity Fund
Riyad Capital announces an update of the terms and conditions of Riyad American Equity Fund, as of (22/02/1444H.), corresponding to (15/01/2023G.).
A summary of the main update items are as follows:
- Changing the composition of the fund's board of directors
- Amending the fund’s borrowing percentage
The updated terms and conditions can be found in the attached file: Click here
Thursday, December 15, 2022
Announcement by Riyad Capital regarding the details of non-fundamental changes to Riyad American Equity Fund
Riyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Riyad American Equity Fund, such changes will become effective on (22/02/1444 H.), corresponding to (15/01/2023 G.).
The details of the non-fundamental changes are as follows:
- Amending the fund’s borrowing percentage
Thursday, December 15, 2022
Announcement by Riyad Capital regarding a change of the membership of the Board of Directors of Riyad American Equity Fund
Riyad Capital announces a change in the membership of the Board of Directors of Riyad American Equity Fund due to appointment of board member (Mr. Faisal AlMekanzi) (membership status: Independent), from (04/05/1444 H.), corresponding to (28/11/2022 G.). The formation of the Board of Directors, after the change, shall be:
1. (Mr./ Raed Albarakati), (membership status: Dependent)
2. (Mr./ Abdulrahman Al-Mashal), (membership status: Dependent)
3. (Mr./ Ahmad Alharbi), (membership status: Dependent)
4. (Mrs./ Amal Alahmad), (membership status: Dependent)
5. (Mr./ Sattam Al Suwailem), (membership status: Independent)
6. (Mr./ Faisal AlMekanzi), (membership status: Independent)
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad American Equity Fund for the period ending on 30/09/2022.
The Riyad Capital announces that the quarterly statement of The Riyad American Equity Fund for the period ending on 30/09/2022. A copy of the quarterly statement can be retrieved in Riyad Capital website in the following link:
https://www.riyadcapital.com/ar/asset-management/public-funds/
Announcement by Riyad Capital regarding a change of the membership of the Board of Directors of Riyad American Equity Fund
Riyad Capital announces a change in the membership of the Board of Directors of Riyad American Equity Fund due to resignation of board member (Dr. Abdulwahab Abu Dahesh) (membership status: Independent), from(08/02/1444H.), corresponding to (04/09/2022 G.). The formation of the Board of Directors, after the change, shall be:
- Raed Albarakati), (membership status: Dependent)
- (Mr./ Abdulrahman Al-Mashal), (membership status: Dependent)
- (Mr./ Ahmad Alharbi), (membership status: Dependent)
- Amal Alahmad), (membership status: Dependent)
- Sattam Al Suwailem), (membership status: Independent)
Announcement by Riyad Capital regarding the update of the terms and conditions of Riyad American Equity Fund
Riyad Capital announces an update of the terms and conditions of Riyad American Equity Fund, as of (27/01/1444H.), corresponding to (25/08/2022G.).
A summary of the main update items are as follows:
- Amending the Auditor name in the Fund Summary in the Terms and Conditions
- Update the summary of financial information of the fund manager in the Terms and Conditions, highlighting, revenues and profits in the preceding financial year
- Adding the customer services email for Complaints procedures in the Terms and Conditions
- Appointment of PricewaterhouseCoopers as an auditor for Riyad American Equity Fund instead of PKF Al-Bassam & Co Chartered Accountants.
The updated terms and conditions can be found in the attached file: Click here
Announcement by The Riyad Capital for providing the public with the interim financial statements of The Riyad American Equity Fund for the period ending on 30/06/2022 are available to the public.
The Riyad Capital announces that the interim financial statements of The Riyad American Equity Fund for the period ending on 30/06/2022. The following is the summary of the interim financial results of the period:
- Net assets on the end of period of (3,607,074) (USD).
- Total expenses and fees for the period (48,581) (USD).
- Net profit (loss) for the period of (618,674) (USD).
- Number of outstanding units in the end of period (33,751.39) (units).
- Net asset value for the unit in 106.87 (USD)
- Revenue of the period -13.65%.
Announcement by Riyad Capital regarding the details of non-fundamental changes to Riyad American Equity Fund
Riyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Riyad American Equity Fund, such changes will become effective on (27/01/1444H.), corresponding to (25/08/2022G.).
The details of the non-fundamental changes are as follows:
- Amending the Auditor name in the Fund Summary in the Terms and Conditions
- Update the summary of financial information of the fund manager in the Terms and Conditions, highlighting, revenues and profits in the preceding financial year
- Adding the customer services email for Complaints procedures in the Terms and Conditions
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad American Equity Fund for the period ending on 30/06/2022.
The Riyad Capital announces that the quarterly statement of The Riyad American Equity Fund for the period ending on 30/06/2022. A copy of the quarterly statement can be retrieved in Riyad Capital website in the following link:
https://www.riyadcapital.com/ar/asset-management/public-funds/
Announcement by (Riyad Capital) regarding the incorrect pricing of the units of the Riyad American Equities Fund
Riyad Capital Company announces an incorrect pricing of units of Riyad American Equities Fund, on 06-06-2022 (1 day). The following is the total assets and the unit price after correction:
- Total Assets (4,388,982.47) USD
- Unit price (115.444519) USD
- Percentage of error in the unit price (8.14)%
- Date of publishing the incorrect price (08-11-1443 H.), Corresponding to (07-06-2022 G.)
All affected unitholders will be compensated (including former unitholders) for all pricing errors immediately without delay. Should you need further clarification,
Please contact us by (phone number 920012299 / email ask@riyadcapital.com)
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad American Equity Fund for the period ending on 31/03/2022.
The Riyad Capital announces that the quarterly statement of The Riyad American Equity Fund for the period ending on 31/03/2022. A copy of the quarterly statement can be retrieved in Riyad Capital website in the following link:
https://www.riyadcapital.com/ar/asset-management/public-funds/
Announcement by The Riyad Capital that The Riyad American Equity Fund annual reports, including the annual audited financial statements, for the period ended on 31/12/2021 are available to the public
The Riyad Capital announces that The Riyad American Equity Fund annual reports, including the annual audited financial statements, for the period ended on 31/12/2021.
Net assets on the end of period of (5,011,734) USD.
Total expenses and fees for the year/period ( -572,329) USD.
Net profit (loss) for the year/period of (6,175,320) USD.
Number of outstanding units at the end of period (40,436.78) (units)
Net asset value for the unit in 123.94 USD
Revenue of the period 39.59% .
Announcement by Riyad Capital regarding an update of the terms and conditions of Riyad American Equity Fund
Riyad Capital announces an update of the terms and conditions of Riyad American Equity Fund as of(28/07/1443H.), corresponding to (01/03/2022 G.). A summary of the main updated items are as follows:
- Update terms & conditions according to the updated investment fund regulations
- Change fund board members
Announcement by Riyad Capital regarding a change of the membership of the Board of Directors of Riyad American Equity Fund
Riyad Capital announces a change in the membership of the Board of Directors of Riyad American Equity Fund due to resignation of board member (Mr. Adel Ibrahim Al-Ateeq) (membership status: Dependent), and the resignation of board member (Mr. Farraj Saad Al-Qabani) (membership status: Dependent), from (03/06/1443 H.), corresponding to (06/01/2022 G.), and appointment of board member (Mr./ Abdulrahman Al-Mashal), (membership status: Dependent), and appointment of board member (Mr./ Ahmad Alharbi), (membership status: Dependent) from (12/07/1443 H.), corresponding to (13/02/2022 G.), The formation of the Board of Directors, after the change, shall be:
1. (Mr./ Raed Albarakati), (membership status: Dependent)
2. (Mr./ Abdulrahman Al-Mashal), (membership status: Dependent)
3. (Mr./ Ahmad Alharbi), (membership status: Dependent)
4. (Mrs./ Amal Alahmad), (membership status: Dependent)
5. (Dr./ Abdulwahab Abu Dahesh), (membership status: Independent)
6. (Mr./ Sattam Al Suwailem), (membership status: Independent)
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad American Equity Fund for the period ending on 31/12/2021.
The Riyad Capital announces that the quarterly statement of The Riyad American Equity Fund for the period ending on 31/12/2021. A copy of the quarterly statement can be retrieved in Riyad Capital website in the following link:
https://www.riyadcapital.com/ar/asset-management/public-funds/
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad American Equity Fund for the period ending on 30/09/2021.
The Riyad Capital announces that the quarterly statement of The Riyad American Equity Fund for the period ending on 30/09/2021. A copy of the quarterly statement can be retrieved in Riyad Capital website in the following link:
https://www.riyadcapital.com/ar/asset-management/public-funds/
Announcement by The Riyad Capital for providing the public with the interim financial statements of TheRiyad American Equity Fundfor the period ending on 30/06/2021 are available to the public.
The Riyad Capital announces that the interim financial statements of The Riyad American Equity Fund for the period ending on 30/06/2021. The following is the summary of the interim financial results of the period:
- Net assets on the end of period of (37,440,575) (USD).
- Total expenses and fees for the period (347,175) (USD).
- Net profit (loss) for the period of 4,150,579 (USD).
- Number of outstanding units in the end of period (369,957.65) (units).
- Net asset value for the unit in 101.20 (USD)
- Revenue of the period 13.17%.
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad American Equity Fund for the period ending on 30/06/2021.
The Riyad Capital announces that the quarterly statement of The Riyad American Equity Fund for the period ending on 30/06/2021. A copy of the quarterly statement can be retrieved in Riyad Capital website in the following link:
https://www.riyadcapital.com/ar/asset-management/public-funds/
Riyad Capital announces the details of notifiable changes to Riyad American Equity Fund.
Riyad Capital announces the details of notifiable changes to Riyad American Equity Fund, such changes will become effective on 23/08/1442H. corresponding to 05/04/2021G.
Details of the notifiable changes are: (Changing the custodian to HSBC Saudi Arabia, and the address of the fund manager).
Riyad Capital announcement availability of the annual report of Riyad American Equity Fund including the audited annual financial results for the year ended 31/12/2020.
Riyad Capital announces that Riyad American Equity Fund`s annual audited results are available to the public. The following is a summary of the annual financial results for the period ended on 31/12/2020.
- Net Asset Value at the end of the period (33,013,526)USD.
- Total Expenses and Fees for the Year (-541,502) USD.
- Net Income for the Year (4,239,859) USD.
- Net Asset Value per unit: 89.99USD
- Number of Units (366,862.92)
- Total returns for the period: 14.08%
for further details on the Annual Report and the Annual Financial Results, please visit
Riyad Capital announces the appointment of HSBC Saudi Arabia as a Custodian for Riyad American Equity Fund.
Riyad Capital announces the appointment of HSBC Saudi Arabia as a Custodian for Riyad American Equity Fund effective Monday23/08/1442H. corresponding to 05/04/2021G.
Riyad Capital announces the availability of Riyad American Equity Fund semiannual reports including semiannual financial statements reviewed for the period ended 30/06/2020 to the public.
Riyad Capital announces the availability of semiannual reports. The following is a summary of the semiannual financial results for the period ended 30/06/2020:
- Net assets at the end of the period 27,576,190 USD
- Total expenses and fees for the period (237,737 ) USD
- Net profit / (loss) for the period (860,662) USD
- Number of units at the end of the period 363,115.34 units
- Net unit value of 75.94 USD
- Return of period -3.12%
Please Find the report at the below link:
http://www.riyadcapital.com/en/asset-management/public-funds/equity-funds/
Riyad Capital announcement availability of the annual report ofRiyad American Equity Fundincluding the audited annual financial results for the year ended 31/12/2019 .
Riyad Capital announces the availability of audited annual results for the year ended 31/12/2019.
Here is the summary of results:
Net Asset Value at the end of the period (28,118,022) USD.
Total Expenses and Fees for the Year (-1,222,614) USD.
Net Income for the Year (20,742,752) USD.
Net Asset Value per unit: 78.39 USD
Number of Units358,706.45
Total returns for the period:29.17%
for further details on the Annual Report and the Annual Financial Results, please visit
http://www.riyadcapital.com/ar/asset-management/public-funds/equity-funds/
Riyad Capital announces the availability of Riyad American Equity Fund semiannual reports including semiannual financial statements reviewed for the period ended 30/06/2019 to the public.
Riyad Capital announces the availability of semiannual reports. The following is a summary of the semiannual financial results for the period ended 30/06/2019:
- Net assets at the end of the period 107,622,481 USD
- Total expenses and fees for the period (922,028) USD
- Net profit / (loss) for the period 16,701,811 USD
- Number of units at the end of the period 1,505,068.83 units
- Net unit value of 71.51 USD
- Return of period 16.83 %
Please click here to view the reportRiyad Capital announces the availability of Riyad American Equity Fund semiannual reports including semiannual financial statements reviewed for the period ended 30/06/2018 to the public.
Riyad Capital announces the availability of semiannual reports. The following is a summary of the semiannual financial results for the period ended 30/06/2018:
- Net assets at the end of the period 102,010,836 USD
- Total expenses and fees for the period (1,005,912) USD
- Net profit / (loss) for the period (603,748) USD
- Number of units at the end of the period 1,556,546.5342 units
- Net unit value of 65.5366 USD
- Return of period -0.52 %
Please Find the report at the below link:
http://www.riyadcapital.com/en/asset-management/public-funds/equity-funds/
Rates & Fees
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Annual management fee: 1.5%
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Front end fee = 2.0%