Riyad Global Equity Sharia Fund

Objective:

The Riyad Global Equity Fund which is sub-managed by ‘JP Morgan’ aims to provide long-term capital growth within a high risk environment by investing its assets mainly in International stocks across different sectors and countries, within the criteria set by the Sharia Committee.

Strategy:

The Fund manager employs research tools and focuses on companies that enjoy strong fundamental factors and promise long-term growth. The manager will consider when allocating assets, the relative weights of the companies which constitute the benchmark, risk requirements, market trends, economic and political conditions, in addition to Fund’s objectives.

Riyad Global Equity Fund Facts:

• Launch Date: 17-May-1999
• Fund Sub-Manager: JP Morgan
• Fund Currency: US Dollar (USD)
• Fund Domicile: International stocks
• Fund Objective: Capital Growth
• Risk Level: High
• Fund Classification: International - Sharia Compliant
• Valuation/Dealing Days: Mon-Tue-Wed
• Settlement In: 5 Business Days
• 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.

• Terms and Conditions
• Monthly Report
• Financial Statement
  -H1-2021
  -H2-2021
  -H1-2022
  -H2-2022
• Semi Annual Report
  
• Quarterly Report
• Annual Report

• Initial Subscription/Minimum Balance: USD 2,500
• Minimum Redemption/Additional: USD 1,000

_{You can apply through one of the following:
-By visiting the nearest Riyad Capital Center and applying through one of the Customer Service representatives}

_{-Applying Online through the Client's Investment Account}

Thursday, April 13, 2023 

Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Global Equity Sharia Fund for the period ending on 31/03/2023..

The Riyad Capital announces that the quarterly statement of The Riyad Global Equity Sharia 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:

Thursday, March 30, 2023

Announcement by The Riyad Capital that The Riyad Global Equity Sharia 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 Global Equity Sharia 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 (15,551,818) USD.

Total expenses and fees for the year/period ( 58,754) USD.

Net profit (loss) for the year/period of (9,334,796) USD.

Number of outstanding units at the end of period (610,653.86) (units)

Net asset value for the unit in 25.47 USD

Revenue of the period -36.23 % .

Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Global Equity Sharia Fund for the period ending on 31/12/2022.

The Riyad Capital announces that the quarterly statement of The Riyad Global Equity Sharia 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:

Announcement by Riyad Capital regarding the update of the terms and conditions of Riyad Global Equity Sharia Fund

Riyad Capital announces an update of the terms and conditions of Riyad Global Equity Sharia 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
• Amending the investments Shariah criteria rules
  The updated terms and conditions can be found in the attached file: Click here

Announcement by Riyad Capital regarding the details of non-fundamental changes to Riyad Global Equity Sharia Fund

Riyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Riyad Global Equity Sharia 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
-    Amending the investments Shariah criteria rules

Announcement by Riyad Capital regarding a change of the membership of the Board of Directors of Riyad Global Equity Sharia Fund

Riyad Capital announces a change in the membership of the Board of Directors of Riyad Global Equity Sharia 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 Global Equity Sharia Fund for the period ending on 30/09/2022.

The Riyad Capital announces that the quarterly statement of The Riyad Global Equity Sharia 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:

Announcement by Riyad Capital regarding a change of the membership of the Board of Directors of Riyad Global Equity Sharia Fund

Riyad Capital announces a change in the membership of the Board of Directors of Riyad Global Equity Sharia 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:

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)

Announcement by Riyad Capital regarding the update of the terms and conditions of Riyad Global Equity Sharia Fund

Riyad Capital announces an update of the terms and conditions of Riyad Global Equity Sharia 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 Global Equity Sharia 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 Global Equity Sharia 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 Global Equity Sharia 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 (15,489,900) (USD).
- Total expenses and fees for the period (30,324) (USD).
- Net profit (loss) for the period of (9,589,112) (USD).
- Number of outstanding units in the end of period (622,028.20) (units).
- Net asset value for the unit in 24.90 (USD)
- Revenue of the period -36.98%.

Announcement by Riyad Capital regarding the details of non-fundamental changes to Riyad Global Equity Sharia Fund

Riyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Riyad Global Equity Sharia 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 Global Equity Sharia Fund instead of PKF Al-Bassam & Co Chartered Accountants.

Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Global Equity Sharia Fund for the period ending on 30/06/2022.

The Riyad Capital announces that the quarterly statement of The Riyad Global Equity Sharia 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:

Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Global Equity Sharia Fund for the period ending on 31/03/2022.

The Riyad Capital announces that the quarterly statement of The Riyad Global Equity Sharia 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:

Announcement by The Riyad Capital that The Riyad Global Equity Sharia 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 Global Equity Sharia 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 (28,531,621) USD.

Total expenses and fees for the year/period ( -108,779) USD.

Net profit (loss) for the year/period of (5,027,547) USD.

Number of outstanding units at the end of period (721,401.00) (units)

Net asset value for the unit in 39.55 USD

Revenue of the period 17.53% .

Announcement by Riyad Capital regarding an update of the terms and conditions of Riyad Global Equity Sharia Fund

Riyad Capital announces an update of the terms and conditions of Riyad Global Equity Sharia 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

The Riyad Capital announces that the quarterly statement of The Riyad Global Equity Sharia 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:

Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Global Equity Sharia Fund for the period ending on 30/09/2021.

The Riyad Capital announces that the quarterly statement of The Riyad Global Equity Sharia 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:

Announcement by The Riyad Capital for providing the public with the interim financial statements of TheRiyad Global Equity Sharia 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 Global Equity Sharia 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 (35,020,508) (USD).

- Total expenses and fees for the period (54,450) (USD).

- Net profit (loss) for the period of 5,026,902 (USD).

- Number of outstanding units in the end of period (888,904.88) (units).

- Net asset value for the unit in 39.40 (USD)

- Revenue of the period 16.82%.

The Riyad Capital announces that the quarterly statement of The Riyad Global Equity Sharia 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 Global Equity Sharia Fund.

Riyad Capital announces the details of notifiable changes to RiyadGlobal Equity Sharia 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, the custody fees, and the address of the fund manager).

Riyad Capital announcement availability of the annual report of Riyad Global Equity Sharia Fund including the audited annual financial results for the year ended 31/12/2020.

Riyad Capital announces that Riyad Global Equity Sharia 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 (31,134,538) USD.
• Total Expenses and Fees for the Year (-100,347) USD.
• Net Income for the Year:(4,334,511)USD.
• Number of Units (920,642.31)
• Net Asset Value per unit:33.82 USD
• Total returns for the period: 16.74%

for further details on the Annual Report and the Annual Financial Results, please visit

https://www.riyadcapital.com/ar/asset-management/public-funds/equity-funds/riyad-global-equity-sharia-fund

Riyad Capital announces the appointment of HSBC Saudi Arabia as a Custodian for Riyad Global Equity Sharia Fund.

Riyad Capital announces the appointment of HSBC Saudi Arabia as a Custodian for Riyad Global Equity Sharia Fund effective Monday 23/08/1442H. corresponding to 05/04/2021G.

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 26,589,166 USD

- Total expenses and fees for the period (45,273) USD

- Net profit / (loss) for the period (1,266,300) USD

- Number of units at the end of the period 955,075.84 units

- Net unit value of 27.84  USD

- Return of period -3.63 %

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 of Riyad Global Equity Sharia 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(29,679,861) USD.

Total Expenses and Fees for the Year (-107,918) USD.

Net Income for the Year:(7,829,788)USD.

Number of Units1,027,357.85.

Net Asset Value per unit:28.89 USD

Total returns for the period:26.42%

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 the Riyad Global Equity Sharia Fund semiannual reports including semiannual financial statements reviewed for the period ended 30/06/2019 to the public.

Riyad Capitalannounces 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 34,471,030 USD

- Total expenses and fees for the period (59,789) USD

- Net profit / (loss) for the period 5,250,285 USD

- Number of units at the end of the period 1,305,381.48 units

- Net unit value of 26.41  USD

- Return of period 14.81 %

Riyad Capital announces the availability of the Riyad Global Equity Sharia Fund semiannual reports including semiannual financial statements reviewed for the period ended 30/06/2018 to the public.

• Net assets at the end of the period 47,008,012 USD
• Total expenses and fees for the period (87,091) USD
• Net profit / (loss) for the period (74,905) USD
• Number of units at the end of the period 1,805,011.2074 units
• Net unit value of 26.0431  USD
• Return of period -0.31%

Please Find the report at the below link:

http://www.riyadcapital.com/en/asset-management/public-funds/equity-funds/

• Annual management fee: 1.75%
• Front end fee = 2.0%