Announcement by Riyad Capital regarding Riyad Global Income Fund’s end of liquidation period
Riyad Capital announces of Riyad Global Income Fund’s end of liquidation period on 18/02/1444 H corresponding to 14/09/2022 G.
Announcement by Riyad Capital regarding a change of the membership of the Board of Directors of Riyad Global Income Fund
Riyad Capital announces a change in the membership of the Board of Directors of Riyad Global Income 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:
- (Mr./ Raed Albarakati), (membership status: Dependent)
- (Mr./ Abdulrahman Al-Mashal), (membership status: Dependent)
- (Mr./ Ahmad Alharbi), (membership status: Dependent)
- (Mrs./ Amal Alahmad), (membership status: Dependent)
- (Mr./ Sattam Al Suwailem), (membership status: Independent)
Announcement by Riyad Capital regarding the update of the terms and conditions of Riyad Global Income Fund
Riyad Capital announces an update of the terms and conditions of Riyad Global 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 Global Income Fund instead of PKF Al-Bassam & Co Chartered Accountants.
The updated terms and conditions can be found in the attached file:Click here
Plan and procedures of termination of Riyad Global Income Fund
Base on the Fund Board approval of the plan and procedures of terminating Riyad Global Income Fund, the plan will be as follows:
- The fund manager will notify the unit holders and the Capital Market Authority of his desire to terminate the fund and the plan and procedures followed no less than 21 days before the date on which the fund is intended to be terminated.
- The fund manager will notify the fund's sub-manager, custodian and auditor of his desire to terminate the fund
- The fund manager will not accept the subscriptions for the fund starting from the working day following the notification of the plan
- The fund manager will submit a request to liquidate the fund's assets to the fund's sub-manager
- The fund manager will complete the liquidation process of the fund’s asset
- The fund manager will pay all obligations on the fund
- The fund manager will distribute all the dues of the unit holders to them as soon as they are received from the sub-fund manager and for a period not exceeding (90) days starting from the date of the notification.
- The fund manager will notify the Capital Market Authority of the date of distributing the investment amounts to the unit holders
- The fund manager will notify the Capital Market Authority and the unit holders in writing of the end of the fund and its liquidation within (10) days from the end of the fund liquidation
- The fund manager will announce on Riyad Capital's website and the market's website about the expiry of the fund's term and liquidation, and notify the unit holders of that.
- The fund manager will provide the unit holders with a report on the termination of the fund in accordance with the investment funds regulations within a period not exceeding (70) days from the date of termination of the fund, including the final audited financial statements of the fund for the period following the last audited annual financial statements
- The fund manager will notify the Capital Market Authority and unit holders of any material events or developments during the fund liquidation period
Riyad Capital also confirms its commitment to implement the procedures and requirements imposed by the Investment Funds Regulations and the terms and conditions of this fund in this regard.
Announcement by Riyad Capital regarding the details of non-fundamental changes to Riyad Global Income Fund
Riyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Riyad Global 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 Global Income Fund instead of PKF Al-Bassam & Co Chartered Accountants.
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Global Income Fund for the period ending on 30/06/2022.The Riyad Capital announces that the quarterly statement of The Riyad Global 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/
Riyad capital announces the distribution of dividend for Riyad Global Income Fund unit holders:
Riyad Capital announced a distribution of cash dividends to Riyad Global Income Fund unit holders for the periods from Feb 02, 2022to May 01, 2022 as follows:
1. Total dividends distributed is SAR. 12,608.22
2. The dividend will be based on the number of existing units at 39,338.0134 units.
3. The distributed dividend amount of SAR 0.3205 per unit, which is 0.855% yield to the initial price of the unit.
4. The dividend yield is 0.70% based on net asset value as of May 01, 2022.
5. The EX- dividend date will be to those who own the units according to unitholders registered by May 01, 2022.
6. Dividends will be paid within a maximum of ten days.
The Fund Manager also reminds the unit holders to update their bank’s account to ensure that their dividends are deposited directly in their accounts.
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Global Income Fund for the period ending on 31/03/2022.
The Riyad Capital announces that the quarterly statement of The Riyad Global 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 Global 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 Global 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 (2,958,842) USD.
Total expenses and fees for the year/period ( -28,454) USD.
Net profit (loss) for the year/period of (533,703) USD.
Number of outstanding units at the end of period (218,063.16) (units)
Net asset value for the unit in 13.57 USD
Revenue of the period 7.23% .
Riyad capital announces the distribution of dividend for Riyad Global Income Fund unit holders:
Riyad Capital announced a distribution of cash dividends to Riyad Global Income Fund unit holders for the periods from Nov 02, 2021 to Feb 01, 2022 as follows:
1. Total dividends distributed is SAR. 12,538.96
2. The dividend will be based on the number of existing units at 39,053.6482 units.
3. The distributed dividend amount of SAR 0.3211 per unit, which is 0.86% yield to the initial price of the unit.
4. The dividend yield is 0.65% based on net asset value as of Feb. 01, 2022.
5. The EX- dividend date will be to those who own the units according to unitholders registered by Feb. 01, 2022.
6. Dividends will be paid within a maximum of ten days.
The Fund Manager also reminds the unit holders to update their bank’s account to ensure that their dividends are deposited directly in their accounts.
Announcement by Riyad Capital regarding an update of the terms and conditions of Riyad Global Income Fund
Riyad Capital announces an update of the terms and conditions of Riyad Global IncomeFund 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 Global Income Fund
Riyad Capital announces a change in the membership of the Board of Directors of Riyad Global 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), 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 Global Income Fund for the period ending on 31/12/2021.The Riyad Capital announces that the quarterly statement of The Riyad Global 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/
Riyad capital announces the distribution of dividend for Riyad Global Income Fund unit holders:
Riyad Capital announced a distribution of cash dividends to Riyad Global Income Fund unit holders for the periods from Aug 02, 2021 to Nov 01, 2021 as follows:
1. Total dividends distributed is SAR. 171,696.61
2. The dividend will be based on the number of existing units at 554,520.5566 units.
3. The distributed dividend amount of SAR 0.3096 per unit, which is 0.826% yield to the initial price of the unit.
4. The dividend yield is 0.63% based on net asset value as of Oct. 27, 2021.
5. The EX- dividend date will be to those who own the units according to unitholders registered by Nov. 01, 2021.
6. Dividends will be paid within a maximum of ten days.
The Fund Manager also reminds the unit holders to update their bank’s account to ensure that their dividends are deposited directly in their accounts
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Global Income Fund for the period ending on 30/09/2021.
The Riyad Capital announces that the quarterly statement of The Riyad Global 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 Global 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 Global 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 (8,285,573) (USD).
- Total expenses and fees for the period (14,552) (USD).
- Net profit (loss) for the period of 430,166 (USD).
- Number of outstanding units in the end of period (624,481.55) (units).
- Net asset value for the unit in 13.27 (USD)
- Revenue of the period 4.74%.
Riyad capital announces the distribution of dividend for Riyad Global Income Fund unit holders :
Riyad Capital announced a distribution of cash dividends to Riyad Income Fund unit holders for the periods from May 2, 2021 to August 1, 2021 as follows:
1.Total dividends distributed is SAR178,796.5
2. The dividend will be based on the Number of existing units is 580,173.41 Units
3. The distributed dividend amount of SR 0.30825 per unit, which is 0.82 % yield to the initial price of the unit.
4. The dividend yield is 0.61% of net asset value as of as of Aug 11, 2021.
5. The EX- dividend date will be to those who own the units according to unitholder registered by 22/12/1442H corresponded to Aug 01, 2021.
6. Dividends will be paid within a maximum of ten days. The Fund Manager also reminds the unit holders to update their banks account to ensure that their dividends are deposited directly in their accounts.
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Global Income Fund for the period ending on 30/06/2021.The Riyad Capital announces that the quarterly statement of The Riyad Global 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 Global Income Fund.
Riyad Capital announces the details of notifiable changes to RiyadGlobal 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 distribution of dividend for Riyad Global Income Fund unit holders :
Riyad Capital announced a distribution of cash dividends to Riyad Income Fund unit holders for the periods from February 2, 2021 to May 1, 2021 as follows:
1.Total dividends distributed is SAR 190,347.39.
2.The dividend will be based on the Number of existing units is 614,666.9 Units
3.The distributed dividend amount of SR 0.3097 per unit, which is 0.83 % yield to the initial price of the unit.
4. The dividend yield is 0.63% of net asset value as of as of April 28, 2021.
5. The EX- dividend date will be to those who own the units according to unitholder registered by 19/09/1442H corresponded to May 01, 2021.
6. Dividends will be paid within a maximum of ten days.
The Fund Manager also reminds the unit holders to update their banks account to ensure that their dividends are deposited directly in their accounts.
Riyad Capital announcement availability of the annual report of Riyad Global Income Fund Including the audited annual financial results for the year ended 31/12/2020.
Riyad Capital announces that Riyad Global 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 (7,778,953)USD.
- Total Expenses and Fees for the Year (-28,098) USD.
- Net Income for the Year (459,111)
- Net Asset Value per unit: 12.57 USD.
- Number of Units (618,693.33)
- Total returns for the period: 5.44%
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-income-fund
Riyad Capital announces the appointment of HSBC Saudi Arabia as a Custodian for Riyad Global Income Fund.
Riyad Capital announces the appointment of HSBC Saudi Arabia as a Custodian for Riyad Global Income Fund effective Monday 23/08/1442H. corresponding to 05/04/2021G.
Riyad capital announces the distribution of dividend for Riyad Global Income Fund unit holders :
Riyad Capital announced a distribution of cash dividends to Riyad Income Fund unit holders for the periods from November 2, 2020 to February 1, 2021 as follows:
1. Total dividends distributed is SAR 192,019.46
2. The dividend will be based on the Number of existing units is 618,693.3284 Units
3. The distributed dividend amount of SR 0.31036 per unit, which is 0.82 % yield to the initial price of the unit.
4. The dividend yield is 0.66% of net asset value as of as of January 31, 2021.
5. The EX- dividend date will be to those who own the units according to unit holder registered by 29/06/1442H corresponded to February 11, 2021.
6. Dividends will be paid within a maximum of ten days.
The Fund Manager also reminds the unit holders to update their banks account to ensure that their dividends are deposited directly in their accounts.
Riyad capital announces the distribution of dividend for Riyad Global Income Fund unit holders :
Riyad Capital announced a distribution of cash dividends to Riyad Income Fund unit holders for the periods from August 1, 2020 to November 1, 2020 as follows:
1. Total dividends distributed is SAR 216,561.45.
2. The dividend will be based on the Number of existing units is 717,924.19 Units
3. The distributed dividend amount of SR 0.3016 per unit, which is 0.8 % yield to the initial price of the unit.
4. The dividend yield is 0.73% of net asset value as of as of October 28, 2020.
5. The EX- dividend date will be to those who own the units according to unitholder registered by 15/03/1442H corresponded to November 01, 2020.
6. Dividends will be paid within a maximum of ten days.
The Fund Manager also reminds the unit holders to update their banks account to ensure that their dividends are deposited directly in their accounts.
Riyad Capital announces the availability of Riyad Global 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 7,504,406 USD - Total expenses and fees for the period (12,616) USD - Net profit / (loss) for the period ( 566,503) USD - Number of units at the end of the period 672,672.28 units - Net unit value of 11.16 USD - Return of period -7.14% Please Find the report at the below link: http://www.riyadcapital.com/en/asset-management/public-funds/equity-funds/
Riyad Capital announces the distribution of dividend for Riyad Global Income Fund unit holders
Riyad Capital announces distribution of cash dividends to Riyad Global Income Fund unit holders for the period May 02, 2020 to Aug 01, 2020 as follows:
1. Total dividends distributed is SAR. 209,325.41
2. The dividend will be based on the number of existing units at 693,524.34 units
3. The distributed dividend amount of SAR 0.3018 per unit, which is 0.8% yield to the initial price of the unit
4. The dividend yield is 0.69% based on net asset value as of Jul 28, 2020
5. The Ex- dividend date will be to those who own the units according to unitholders registered by Aug 01, 2020
6. Dividends will be paid within a maximum of ten days
The Fund Manager also reminds the unit holders to update their bank account details to ensure that their dividends are deposit
Riyad capital announces the distribution of dividend for Riyad Global Income Fund unit holders :
Riyad Capital announced a distribution of cash dividends to Riyad Global Income Fund unit holders for the periods from February 2, 2020 to May 1, 2020 as follows:
1.Total dividends distributed is SAR 205,193.70.
2.The dividend will be based on the Number of existing units is 679,216.69 Unit
3. The distributed dividend amount of SR 0.3021 per unit, which is 0.81 % yield to the initial price of the unit.
4. The dividend yield is 0.75% of net asset value as of as of April 29, 2020.
5. The EX- dividend date will be to those who own the units according to unitholder registered by 08/09/1441H corresponded to May 01, 2020.
6. Dividends will be paid within a maximum of ten days. The Fund Manager also reminds the unit holders to update their banks account to ensure that their dividends are deposited directly in their accounts
Riyad Capital announcement availability of the annual report of Riyad Global Income Fund Including 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 period15,399,747 USD.Total Expenses and Fees for the Year (-34,060) USD.Net Income for the Year2,354,793Net Asset Value per unit: 12.01 USD.Number of Units1,281,773.44Total returns for the period:19.85%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 distribution of dividend for Riyad Global Income Fund unit holders:
Riyad Capital announces distribution of cash dividends to Riyad Global Income Fund unit holders for the period Nov 02, 2019 to Feb 01, 2020 as follows:- Total dividends distributed is SAR 359,043.08
- The dividend will be based on the number of existing units at 1,189,269.34 units
- The distributed dividend amount of SAR 0.3019 per unit, which is 0.81% yield to the initial price of the unit
- The dividend yield is 0.67% based on net asset value as of Jan 29, 2020
- The Ex- dividend date will be to those who own the units according to unitholders registered by Feb 01, 2020
- Dividends will be paid within a maximum of ten days
The Fund Manager also reminds the unit holders to update their bank account details to ensure that their dividends are deposited directly in their accounts. |
Riyad Capital announces the availability of Riyad Global 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 16,067,010 USD
- Total expenses and fees for the period (15,404) USD
- Net profit / (loss) for the period 1,506,195 USD
- Number of units at the end of the period 1,409,795.56 units
- Net unit value of 11.40 USD
- Return of period 13.62 %
Please click here to view the report
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Riyad Capital announces the availability of Riyad Global 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 10,978,724 USD
- Total expenses and fees for the period (17,839) USD
- Net profit / (loss) for the period ( 443,408) USD
- Number of units at the end of the period 1,055,363.3301 units
- Net unit value of 10.4028 USD
- Return of period -3.86 %
Please Find the report at the below link: http://www.riyadcapital.com/en/asset-management/public-funds/equity-funds/ |
Riyad capital announces the distribution of dividend for Riyad Global Income Fund unit holders: Riyad Capital announced a distribution of cash dividends to Riyad Global Income Fund unit holders for the periods from May 1st 2018 to August 1st 2018 as follows:
- Total dividends distributed is SAR 259,054.60.
- The dividend will be based on the Number of existing units 887,296.7013 Unit
- The distributed dividend amount of SR 0.29196 per unit, which is 0.77% yield to the initial price of the unit.
- The dividend yield is 0.71% of net asset value as of as of Tuesday July 31 2018 corresponding to ( 18/11/1439 H)
- The EX- dividend date will be to those who own the units according to unitholders registered by the end of (Wednesday) August 1st 2018 corresponding to (19/11/1439 H).
- Dividends will be paid within a maximum of ten days.
The Fund Manager also reminds the unit holders to update their bank’s account to ensure that their dividends are deposited directly in their accounts. |