Riyad Balanced Income Fund - Riyad Capital
Riyad Balanced Income Fund
Invest locally in Saudi equity and fixed income markets to benefit from the competitive edge gained at Riyad Capital through local information and knowledge.
Balanced Income Fund from Riyad Capital provides a combined equity and fixed income strategy through stocks, Murabaha and Sukuk’s or existing funds of Riyad Capital which are Sharia compliant.
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Fully Sharia compliant
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Get benefit from the local knowledge and information to meet your objectives
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Diversify your Portfolio with one equity and fixed income strategy
Learn More...
Overview
Objective:
The Fund aims to provide long-term capital growth through investing in listed Saudi stocks, within the criteria set by Sharia Committee, in addition to Murabaha and Sukuks or the existing funds of Riyad Capital which are fully compliant to Sharia criteria.
Strategy:
The Fund invests primarily in the listed Saudi stocks, within the criteria set by Sharia Committee of Riyad Capital, in addition to Murabaha and Sukuks. The Fund manager will focus on companies that enjoy strong fundamental factors and achieve promising long-term growth based on the financial analyst recommendations after conducting a comprehensive quantitative and qualitative analysis in order to evaluate each company, identify its outlook and determine the fair value of its shares. The Fund also employs a multi-strategy approach to commodity trading management, and conducts credit analysis to maturity dates and how returns relate to each maturity whilst taking into consideration the macroeconomics and microeconomics.
Riyad Balanced Income Fund Facts:
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Launch Date: 15-Mar-2005
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Fund Manager: Mohammad Al Harthi
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Fund Currency: Saudi Riyals (SAR)
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Fund Domicile: Saudi Arabia
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Fund Objective : Capital Growth - Saudi Stock, Murabaha and Sukuk
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Risk Level: High
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Fund Classification : Local - Sharia compliant
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Valuation/Dealing Days: from Sunday to Thursday
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Settlement In: 3 Business Days
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Sector Focus: Diversified
Minimum Subscription, Additional Subscription and Redemption limits:
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Initial Subscription/Minimum Balance: SAR 5,000
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Minimum Redemption/Additional: SAR 1,000
Fees and charges:
Annual management fee: 1.25%Front end fee = 1.0%
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
Voting Policy
The policy was approved by the Fund Board on 6th of April 2010 at the meeting # RC/FB5/2010
Overview of Voting Policy
Shareholders in public companies typically have voting rights associated with their stock holdings. These voting rights allow shareholders (including institutions such as Riyad Capital on behalf of all mutual funds and portfolios it manages) to vote at annual and special company meetings.
The typical agenda for each company meeting will include more than one proposal, such as Election of directors, Dividend payout, Capital adjustment, or approval of a Merger or Acquisition. Proposals are most commonly put forth by the company's management, but may be submitted by a shareholder as well. The company's management may provide a voting recommendation for each proposal, and each proposal is evaluated separately by Riyad Capital relative to our proxy voting guidelines.
Voting Policy Guidelines
(I) Auditors
We generally vote in favor of the proposed auditor, as long as it is one of the reputed auditors.
(II) Extraordinary Business Combination Transactions
Votes on mergers and or acquisitions and corporate restructuring proposals are considered on a case-by case basis, taking into account the following:
- Anticipated financial and operational benefits
- Offer price (cost v. premium)
- Prospects of the resulting company
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(III) Election of Directors
As a matter of policy, Riyad Capital will not participate in voting for any board member nominees relating to a company in which RC funds are investing, unless in cases where RC has no doubt that such participation is clearly required to protect the interest of the underlying company and /or the funds shareholders.
(IV) Dividend Payout & Capital Adjustment
Votes on Dividend payout & Capital adjustment are considered on a case-by-case basis, taking into account the financial position and strategy of the company, the sector it operates in and the current and prospective market environment.
How to apply
You can apply through one of the following:
- Through Riyad Capital Online
- By contacting Riyad Capital via phone and applying through the Interactive Voice Response (IVR)
- By visiting the nearest Riyad Capital Center and applying through one of the Customer Service representatives
ANNOUNCEMENTS
Tuesday , 15 April 2025
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Balanced Income Fund for the period ending on 31/03/2025.
The Riyad Capital announces that the quarterly statement of The Riyad Balanced Income Fund for the period ending on 31/03/2025. A copy of the quarterly statement can be retrieved in Riyad Capital website in the following link
Saturday, 29 March 2025
Announcement by The Riyad Capital that The Riyad Balanced Income Fund annual reports, including the annual audited financial statements, for the period ended on 31/12/2024 are available to the public
The Riyad Capital announces that The Riyad Balanced Income Fund annual reports, including the annual audited financial statements, for the period ended on 31/12/2024.
- Net assets on the end of period of (45,767,406) SAR.
- Total expenses and fees for the year/period (-924,995) SAR.
- Net profit (loss) for the year/period of 2,342,108 SAR.
- Number of outstanding units at the end of period (1,631,893.28) (units)
- Net asset value for the unit in 28.05 SAR.
- Revenue of the period 4.01%.
Wednesday, 26 March 2025
Announcement by Riyad Capital regarding the details of non-fundamental changes to Riyad Balanced Income Fund
Riyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Riyad Balanced Income Fund, such changes will become effective on (03/11/1446 H.), corresponding to (01/05/2025 G.).
The details of the non-fundamental changes are as follows:
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Updating the schedule of payments from the Fund's assets in relation to financing costs, auditor fees, Zakat and tax advisor fees, benchmark fees, remuneration of the Fund's board members, Sharia Committee fees, Sharia audit fees, expenses of unit holders’ meetings, and the other expenses;
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Amending the minimum initial subscription, additional subscription and redemption and removing the minimum balance.
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Updating the Fund's Board of Directors information related to some of the Board members.
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Appointing of Shariah Supervisory Committee for the fund and adding the related information.
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Appointing of fund Auditor for the fund and adding the related information;
Wednesday, 26 March 2025
Announcement by Riyad Capital regarding an update of the terms and conditions of Riyad Balanced Income Fund
Riyad Capital announces an update of the terms and conditions of Riyad Balanced Income Fund, as of (03/11/1446 H.), corresponding to (01/05/2025 G.).
A summary of the main updated items are as follows:
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Updating the schedule of payments from the Fund's assets in relation to financing costs, auditor fees, Zakat and tax advisor fees, benchmark fees, remuneration of the Fund's board members, Sharia Committee fees, Sharia audit fees, expenses of unit holders’ meetings, and the other expenses;
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Amending the minimum initial subscription, additional subscription and redemption and removing the minimum balance.
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Updating the Fund's Board of Directors information related to some of the Board members.
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Appointing of Shariah Supervisory Committee for the fund and adding the related information.
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Appointing of fund Auditor for the fund and adding the related information;
The updated terms and conditions can be found in the attached file. Click here
Tuesday , 14 January 2025
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Balanced Income Fund for the period ending on 31/12/2024.
The Riyad Capital announces that the quarterly statement of The Riyad Balanced Income Fund for the period ending on 31/12/2024. A copy of the quarterly statement can be retrieved in Riyad Capital website in the following link
Monday , 14 October 2024
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Income Fund for the period ending on 30/09/2024.
The Riyad Capital announces that the quarterly statement of The Riyad Income Fund for the period ending on 30/09/2024. A copy of the quarterly statement can be retrieved in Riyad Capital website in the following link
Sunday , 11 August 2024
Announcement by The Riyad Capital for providing the public with the interim financial statements of The Riyad Balanced Income Fund for the period ending on 30/06/2024 are available to the public.
The Riyad Capital announces that the interim financial statements of The Riyad Balanced Income Fund for the period ending on 30/06/2024. The following is the summary of the interim financial results of the period:
- Net assets on the end of period of (44,028,161) (SAR).
- Total expenses and fees for the period (478,837) (SAR).
- Net profit (loss) for the period of 2,221,565 (SAR).
- Number of outstanding units in the end of period (1,575,813.37) (units).
- Net asset value for the unit in 27.94 (SAR)
- Revenue of the period 3.61%.
Sunday , 14 July 2024
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Balanced Income Fund for the period ending on 30/06/2024.
The Riyad Capital announces that the quarterly statement of The Riyad Balanced Income Fund for the period ending on 30/06/2024. 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+Balanced+Income+Fund+Q2+2024+EN.pdf/d8872919-7366-af13-986e-96016149f73a?t=1720960423479
Sunday , 21 April 2024
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Balanced Income Fund for the period ending on 31/03/2024.
The Riyad Capital announces that the quarterly statement of The Riyad Balanced Income 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+Balanced+Income+Fund+Q1+2024+EN.pdf/d8872919-7366-af13-986e-96016149f73a?t=1713692616160
Thursday, 28 March 2024
Announcement by The Riyad Capital that The Riyad Balanced Income 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 Balanced Income 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 (59,546,917) SAR.
Total expenses and fees for the year/period ( 1,076,152) SAR.
Net profit (loss) for the year/period of 11,373,620 SAR.
Number of outstanding units at the end of period (2,208,255.60) (units)
Net asset value for the unit in 26.97 SAR.
Revenue of the period 21.64% .
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+BALANCED+INCOME+FUND+2023.pdf/b659bee7-eb04-7dab-4790-95cb698e1873?t=1711622396035
Sunday, 14 January 2024
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Balanced Income Fund for the period ending on 31/12/2023.
The Riyad Capital announces that the quarterly statement of The Riyad Balanced Income 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, 27 December 2023
Announcement by Riyad Capital regarding the details of non-fundamental changes to Riyad Balanced Income Fund
Riyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Riyad Balanced Income 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
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Wednesday, 27 December 2023
Announcement by Riyad Capital regarding an update of the terms and conditions of Riyad Balanced Income Fund
Riyad Capital announces an update of the terms and conditions of Riyad Balanced Income 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
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The updated terms and conditions can be found in the attached file. Click here
Monday, 11 December 2023
Announcement by Riyad Capital regarding a change of the membership of the Board of Directors of Riyad Balanced Income Fund
Riyad Capital announces a change in the membership of the Board of Directors of Riyad Balanced Income 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./ Abdullah AlFaris), (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)
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12/10/2023
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Balanced Income Fund for the period ending on 30/09/2023.
The Riyad Capital announces that the quarterly statement of The Riyad Balanced Income 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/
09/08/2023Announcement by The Riyad Capital for providing the public with the interim financial statements of TheRiyad Balanced Income Fundfor the period ending on 30/06/2023 are available to the public.
The Riyad Capital announces that the interim financial statements of TheRiyad Balanced Income 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 (63,781,683) (SAR).
- Total expenses and fees for the period (504,121) (SAR).
- Net profit (loss) for the period of 6,790,490 (SAR).
-Number of outstanding units in the end of period (2,566,855.52) (units).
-Net asset value for the unit in 24.85 (SAR)
- Revenue of the period 12.08%.
12/07/2023
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Balanced Income Fund for the period ending on 30/06/2023.The Riyad Capital announces that the quarterly statement of The Riyad Balanced Income 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, 2023Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Balanced Income Fund for the period ending on 31/03/2023..
The Riyad Capital announces that the quarterly statement of The RiyadBalanced Income 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, 2023Announcement by The Riyad Capital that The Riyad Balanced Income 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 Balanced Income 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 (55,965,485) SAR.
Total expenses and fees for the year/period ( 1,216,479) SAR.
Net profit (loss) for the year/period of 2,392,515 SAR.
Number of outstanding units at the end of period (2,524,508.10) (units)
Net asset value for the unit in 22.17 SAR.
Revenue of the period 2.84 % .
Thursday, January 12, 2023Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Balanced Income Fund for the period ending on 31/12/2022.
The Riyad Capital announces that the quarterly statement of The RiyadBalanced Income 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 Balanced Income Fund
Riyad Capital announces an update of the terms and conditions of Riyad Balanced Income 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
- Changing the dealing and valuation days
- Amending the investments Shariah criteria rules
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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 Balanced Income Fund
Riyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Riyad Balanced Income 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
- Changing the dealing and valuation days
- Amending the investments Shariah criteria rules
Thursday, December 15, 2022
Announcement by Riyad Capital regarding a change of the membership of the Board of Directors of Riyad Balanced Income Fund
Riyad Capital announces a change in the membership of the Board of Directors of Riyad Balanced Income 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./ Abdullah AlFaris), (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 Balanced Income Fund for the period ending on 30/09/2022.The Riyad Capital announces that the quarterly statement of The RiyadBalanced Income 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 Balanced Income Fund
Riyad Capital announces a change in the membership of the Board of Directors of Riyad Balanced Income Funddue 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)
- Abdullah AlFaris), (membership status: Dependent)
- Amal Alahmad), (membership status: Dependent)
- Sattam Al Suwailem), (membership status: Independent)
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Announcement by Riyad Capital regarding the update of the terms and conditions of Riyad Balanced Income Fund
Riyad Capital announces an update of the terms and conditions of Riyad Balanced Income 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 Balanced Income Fund instead of PKF Al-Bassam & Co Chartered Accountants.
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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 Balanced Income 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 Balanced Income 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 (65,421,941) (SAR).
- Total expenses and fees for the period (681,581) (SAR).
- Net profit (loss) for the period of 2,627,917 (SAR).
- Number of outstanding units in the end of period (2,932,150.60) (units).
- Net asset value for the unit in 22.31 (SAR)
- Revenue of the period 3.51%.
Announcement by Riyad Capital regarding the details of non-fundamental changes to Riyad Balanced Income FundRiyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Riyad Balanced Income Fund, such changes will become effective on (27/01/1444 H.), corresponding to (25/08/2022 G.).
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
- Appointment of PricewaterhouseCoopers as an auditor for Riyad Balanced Income Fund instead of PKF Al-Bassam & Co Chartered Accountants.
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Balanced Income Fund for the period ending on 30/06/2022.The Riyad Capital announces that the quarterly statement of The RiyadBalanced Income 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 the Riyad Capital the availability of the quarterly statement of Riyad Balanced Income Fund for the period ending on 31/03/2022.
The Riyad Capital announces that the quarterly statement of The RiyadBalanced Income 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 Balanced Income 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 Balanced Income 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 (71,239,615) SAR.
Total expenses and fees for the year/period ( -980,519) SAR.
Net profit (loss) for the year/period of (7,613,605) SAR.
Number of outstanding units at the end of period (3,304,913.69) (units)
Net asset value for the unit in 21.56 SAR.
Revenue of the period 17.26% .
Announcement by Riyad Capital regarding an updateof the terms and conditions of Riyad Balanced Income FundRiyad Capital announces an update of the terms and conditions of Riyad Balanced Income Fund as of (28/07/1443 H) 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
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Announcement by Riyad Capital regarding a change of the membership of the Board of Directors of Riyad Balanced Income Fund
Riyad Capital announces a change in the membership of the Board of Directors of Riyad Balanced Income 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) and the resignation of board member (Mr. Haytham Al-Kowaileet) (membership status: Dependent) from (03/06/1443 H.), corresponding to (06/01/2022 G.), and appointment of board member (Mr./ Raed Albarakati), (membership status: Dependent), and appointment of board member (Mr./ Abdulrahman Al-Mashal), (membership status: Dependent), and appointment of board member (Mr./ Abdullah AlFaris), (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./ Abdullah AlFaris), (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 Balanced Income Fund for the period ending on 31/12/2021.
The Riyad Capital announces that the quarterly statement of The RiyadBalanced Income 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 Balanced Income Fund for the period ending on 30/09/2021.The Riyad Capital announces that the quarterly statement of The RiyadBalanced Income 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 Balanced Income 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 Balanced Income 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 (57,386,879) (SAR).
- Total expenses and fees for the period (379,848) (SAR).
- Net profit (loss) for the period of 6,591,938 (SAR).
- Number of outstanding units in the end of period (2,724,946.26) (units).
- Net asset value for the unit in 21.06 (SAR)
- Revenue of the period 14.44%.
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Balanced Income Fund for the period ending on 30/06/2021.The Riyad Capital announces that the quarterly statement of The RiyadBalanced Income 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 Balanced Income Fund.
Riyad Capital announces the details of notifiable changes to RiyadBalanced Income 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 announces the availability of the annual report of Riyad Balanced Income Fund including the audited annual financial results for the year ended 31/12/2020 .
Riyad Capital announces that Riyad Balanced Income 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 (41,014,707) SAR.
- Total Expenses and Fees for the Year (-559,724)SAR.
- Net Income for the Year:(3,503,218)SAR
- Number of Units: (2,231,004.75)
- Net Asset Value per unit: 18.38 SAR.
- Total returns for the period: 10.27%
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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 Balanced Income Fund.
Riyad Capital announces the appointment of HSBC Saudi Arabia as a Custodian for Riyad Balanced Income Fund effective Monday 23/08/1442H. corresponding to 05/04/2021G.
Riyad Capital announces the availability of Riyad Balanced Income 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 35,901,538 SAR
- Total expenses and fees for the period (241,917) SAR
- Net profit / (loss) for the period (996,278) SAR
- Number of units at the end of the period 2,199,775.73 units
- Net unit value of 16.32 SAR
- Return of period -1.66 %
Please Find the report at the below link:
http://www.riyadcapital.com/en/asset-management/public-funds/equity-funds/
Riyad Capital announces the availability of the annual report of Riyad Balanced Income Fund including the audited annual financial results for the year ended 31/12/2019 .
Riyad Capital announcement 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(40,754,314) SAR.
Total Expenses and Fees for the Year (-573,650) SAR.
Net Income for the Year: (4,141,306) SAR
Number of Units :2,438,548.45.
Net Asset Value per unit: 16.71SAR.
Total returns for the period:9.66%
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 Balanced Income 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 46,258,548 SAR
- Total expenses and fees for the period (298,611) SAR
- Net profit / (loss) for the period 3,944,908 SAR
- Number of units at the end of the period 2,785,460.70 units
- Net unit value of 16.61 SAR
- Return of period 9.03 %
Please click here to view the report
Riyad Capital announces the availability of Riyad Balanced Income 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 45,194,924 SAR
- Total expenses and fees for the period (285,377) SAR
- Net profit / (loss) for the period 5,289,422 SAR
- Number of units at the end of the period 2,944,966.68 units
- Net unit value of 15.3465 SAR
- Return of period 13.35 %
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Please Find the report at the below link:
http://www.riyadcapital.com/en/asset-management/public-funds/equity-funds/