Riyad Income Fund - Riyad Capital
Riyad Income Fund
Are you looking for an opportunity to invest in the Saudi market and enjoy a bi annual dividend distributions, while being Sharia compliant?
Riyad Income Fund, gives you this opportunity to enjoy biannual dividend distributions, plus the possibility to achieve capital growth over your investment on the long term.
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Fully shariah complaint
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The Fund aims to pay dividends at least once a year .
Learn More...
Overview
Objective:
The Fund aims to achieve capital growth by focusing its investments in shares of local companies that’s pay dividends with strong financial position in the market. Which is suitable for the kind of investors who are seeking for receiving dividends on a regular basis . In addition the fund may invest in IPO’s , money market instruments Sukuk and shares of listed companies in the GCC markets.
Strategy:
The Fund manager employs research tools and focuses on companies that enjoy strong fundamental factors and promising long- term growth. The Fund manager will consider the relative weights of companies in the benchmark when he allocates the assets, in addition to risk requirements, market trends, economic and political conditions and Fund's objectives.
Riyad Income Fund Facts:
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Launch Date: 23/03/2014
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Fund Manager: Mohammad Al Harthi
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Fund Currency: Saudi Riyal
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Fund Domicile: Saudi Arabia
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Fund Objective : Capital Growth
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Risk Level: High
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Fund Classification : Local – Sharia compliant
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Valuation/Dealing Days: Sunday to Thursday
- Settlement In: Within 3 business days from the valuation day
- Sector Focus: Diversified
Fund Documents
Eligibilty
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Initial Subscription/ Minimum Balance: SAR 5000
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Minimum Redemption or Additional: SAR 1000
How to apply
You can apply through one of the following:
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Through Riyad Capital Online
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By contacting Riyad Capital via phone and applying through the Interactive Voice Response (IVR)
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By visiting the nearest Riyad Capital Center and applying through one of the Customer Service representatives
Rates and Fees
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Annual management fee: 1.50%
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Front end fee = 1%
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Other fees = 0.50%
Fund Dividends
0.17256 SAR have been distrusted to every unite of Riyad Income Fund. This represents all of the dividends received by the fund from companies that the fund holds from June 1st 2019 to Nov 30th 2019. The total number of unites have been approved as of Dec 12th , 2019. Giving that the total distributed profit for each unite in 2019 reached 0.4392 SAR (representing 5.93% annual return ).
Announcements
Sunday , 21 April 2024
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Income Fund for the period ending on 31/03/2024.
The Riyad Capital announces that the quarterly statement of The Riyad 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+Income+Fund+Q1+2024+EN.pdf/75a38cad-3c90-d72d-c636-ce2e9cb89453?t=1713692412242
Thursday, 28 March 2024
Announcement by The Riyad Capital that The Riyad 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 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 (43,821,317) SAR.
Total expenses and fees for the year/period (1,036,226) SAR.
Net profit (loss) for the year/period of (9,345,729) SAR.
Number of outstanding units at the end of period (4,053,380.83) (units)
Net asset value for the unit in 10.81 SAR.
Revenue of the period 14.90% .
https://www.riyadcapital.com/documents/671358/4867179/Annex+3+Annual+report+RIYAD+INCOME+FUND+2023.pdf/4accd8b3-b627-4c99-a986-9e642b983b25?t=1711622548792
Sunday, 14 January 2024
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Income Fund for the period ending on 31/12/2023.
The Riyad Capital announces that the quarterly statement of The Riyad 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 Income Fund
Riyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Riyad 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
Wednesday, 27 December 2023
Announcement by Riyad Capital regarding an update of the terms and conditions of Riyad Income Fund
Riyad Capital announces an update of the terms and conditions of Riyad 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
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 Income Fund
Riyad Capital announces a change in the membership of the Board of Directors of Riyad 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)
10/12/2023
Riyad capital announces the distribution of dividend for Riyad Income Fund unit holders
Riyad Capital announced a distribution of cash dividends to Riyad Income Fund unit holders for the periods from June 1, 2021 to the end of November 2021 as follows:
- Total dividends distributed is SAR 886,349.08
- The dividend will be based on the Number of existing units is 4,074,465.289 Unit
- The distributed dividend amount of SAR 0.21753 per unit, which is 2.17 % yield to the initial price of the unit.
- The dividend yield is 2.31% of net asset value as of as of Tuesday , 05/06/ 1444H corresponding to 29/12/2022.
- The EX- dividend date will be to those who own the units according to unitholder register by the end of Wednesday, 22/05/ 1445H corresponding to 06/12/2023
- 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.
12/10/2023
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Income Fund for the period ending on 30/09/2023.
The Riyad Capital announces that the quarterly statement of The Riyad 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/
09/08/2023
Announcement by The Riyad Capital for providing the public with the interim financial statements of TheRiyad 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 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 (45,331,328) (SAR).
- Total expenses and fees for the period (506,601) (SAR).
- Net profit (loss) for the period of 6,841,352 (SAR).
-Number of outstanding units in the end of period (4,357,149.43) (units).
-Net asset value for the unit in 10.40 (SAR)
- Revenue of the period 10.62%.
12/07/2023
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Income Fund for the period ending on 30/06/2023.
The Riyad Capital announces that the quarterly statement of The Riyad 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/
Monday, June 12, 2023
Riyad Capital Announces the distribution of dividend for Riyad Income Fund unit holders:
Riyad Capital announced a distribution of cash dividends to Riyad Income Fund unit holders for the periods from December 1, 2022 to the end of May 2023 as follows:
- Total dividends distributed is SAR 1,646,343.00
- The dividend will be based on the Number of existing units is 4,390,747.8206 Unit
- The distributed dividend amount of SAR 0.374957 per unit, which is 3.75 % yield to the initial price of the unit.
- The dividend yield is 3.99% of net asset value as of as of Tuesday , 05/06/ 1444H corresponding to 29/12/2022.
- The EX- dividend date will be to those who own the units according to unitholder register by the end of Monday, 17/11/ 1444H corresponding to 06/06/2023
- 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.
Thursday, April 13, 2023
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Income Fund for the period ending on 31/03/2023..
The Riyad Capital announces that the quarterly statement of The Riyad 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, 2023
Announcement by The Riyad Capital that The Riyad 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 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 (45,176,261) SAR.
Total expenses and fees for the year/period (1,173,292) SAR.
Net profit (loss) for the year/period of (3,125,090) SAR.
Number of outstanding units at the end of period (4,800,931.67) (units)
Net asset value for the unit in 9.41 SAR.
Revenue of the period -10.54% .
Thursday, January 12, 2023
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Income Fund for the period ending on 31/12/2022.
The Riyad Capital announces that the quarterly statement of The Riyad 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/Wednesday , January 11, 2023
Riyad capital announces the distribution of dividend for Riyad Income Fund unit holders :
Riyad Capital announced a distribution of cash dividends to Riyad Income Fund unit holders for the periods from June 1, 2022 to the end of November 2022 as follows:
1. Total dividends distributed is SAR 790,983.22
2. The dividend will be based on the Number of existing units is 4,800,931.6654 Unit
3. The distributed dividend amount of SAR 0.16475per unit, which is 1.65 % yield to the initial price of the unit.
4. The dividend yield is 1.57% of net asset value as of as of Tuesday , 26/05/ 1443H corresponding to 30/12/2021.
5. The EX- dividend date will be to those who own the units according to unitholder register by the end of Monday, 05/05/ 1444H corresponding to 29/12/2022
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.
Thursday, December 15, 2022
Announcement by Riyad Capital regarding the update of the terms and conditions of Riyad Income Fund
Riyad Capital announces an update of the terms and conditions of Riyad 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
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 Income Fund
Riyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Riyad 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 Income Fund
Riyad Capital announces a change in the membership of the Board of Directors of Riyad 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 Income Fund for the period ending on 30/09/2022.
The Riyad Capital announces that the quarterly statement of The Riyad 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 Income Fund
Riyad Capital announces a change in the membership of the Board of Directors of Riyad 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)
Announcement by Riyad Capital regarding the update of the terms and conditions of Riyad Income Fund
Riyad Capital announces an update of the terms and conditions of Riyad 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 Income 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 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 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 (45,628,570) (SAR).
- Total expenses and fees for the period (629,696) (SAR).
- Net profit (loss) for the period of 145,932 (SAR).
- Number of outstanding units in the end of period (4,532,146.83) (units).
- Net asset value for the unit in 10.07 (SAR)
- Revenue of the period -4.28%.
Announcement by Riyad Capital regarding the details of non-fundamental changes to Riyad Income Fund
Riyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Riyad 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 Income Fund instead of PKF Al-Bassam & Co Chartered Accountants.
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Income Fund for the period ending on 30/06/2022.
The Riyad Capital announces that the quarterly statement of The Riyad 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 Income Fund unit holders :
Riyad Capital announced a distribution of cash dividends to Riyad Income Fund unit holders for the periods from Dec 1, 2021 to the end of May 2022 as follows:
1. Total dividends distributed is SAR 1,700,000
2. The dividend will be based on the Number of existing units is 4,687,495.34 Unit
3. The distributed dividend amount of SAR 0.36266 per unit, which is 3.63 % yield to the initial price of the unit.
4. The dividend yield is 3.45% of net asset value as of as of Tuesday , 27/05/ 1443H corresponding to 31/12/2021.
5. The EX- dividend date will be to those who own the units according to unitholder register by the end of Monday, 14/11/ 1443H corresponding to 13/06/2022
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 Income Fund for the period ending on 31/03/2022.
The Riyad Capital announces that the quarterly statement of The Riyad 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 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 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 (55,016,659) SAR.
Total expenses and fees for the year/period ( -1,139,919) SAR.
Net profit (loss) for the year/period of (12,094,818) SAR.
Number of outstanding units at the end of period (5,230,965.11) (units)
Net asset value for the unit in 10.52 SAR.
Revenue of the period 23.61% .
Announcement by Riyad Capital regarding an updateof the terms and conditions of Riyad Income Fund
Riyad Capital announces an update of the terms and conditions of Riyad 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
Announcement by Riyad Capital regarding a change of the membership of the Board of Directors of Riyad Income Fund
Riyad Capital announces a change in the membership of the Board of Directors of Riyad 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 Income Fund for the period ending on 31/12/2021.
The Riyad Capital announces that the quarterly statement of The Riyad 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 Income Fund unit holders :
Riyad Capital announced a distribution of cash dividends to Riyad Income Fund unit holders for the periods from June 1, 2021 to the end of November 2021 as follows
- Total dividends distributed is SAR 1,222,382.52
- The dividend will be based on the Number of existing units is 5,350,219.0015 Unit
- The distributed dividend amount of SAR 0.2285 per unit, which is 2.3 % yield to the initial price of the unit.
- The dividend yield is 2.7% of net asset value as of as of Tuesday , 16/05/ 1442H corresponding to 31/12/2020.
- The EX- dividend date will be to those who own the units according to unitholder register by the end of Monday, 05/05/ 1443H corresponding to 09/12/2021
- 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 Income Fund for the period ending on 30/09/2021.
The Riyad Capital announces that the quarterly statement of The Riyad 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 The Riyad Income Fund for the period ending on 30/06/2021 are available to the public.
The Riyad Capital announces that the interim financial statements of The Riyad 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 (54,017,463) (SAR).
- Total expenses and fees for the period (512,457) (SAR).
- Net profit (loss) for the period of 10,954,213 (SAR).
- Number of outstanding units in the end of period (5,151,268.10) (units).
- Net asset value for the unit in 10.49 (SAR)
- Revenue of the period 23.10%.
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Income Fund for the period ending on 30/06/2021.
The Riyad Capital announces that the quarterly statement of The Riyad 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 Income Fund.
Riyad Capital announces the details of notifiable changes to RiyadInternational Bond 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 Income Fund unit holders :
Riyad Capital announced a distribution of cash dividends to Riyad Income Fund unit holders for the periods from Dec 1, 2020 to the end of May 2021 as follows:
- Total dividends distributed is SAR 1,000,000
- The dividend will be based on the Number of existing units is 5,065,009.05 Unit
- The distributed dividend amount of SAR 0.19743 per unit, which is 1. 97 % yield to the initial price of the unit.
- The dividend yield is 2.32% of net asset value as of as of Tuesday , 16/05/ 1442H corresponding to 31/12/2020.
- The EX- dividend date will be to those who own the units according to unitholder register by the end of Monday, 26/10/ 1442H corresponding to 07/06/2021
- 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 Income Fund including the audited annual financial results for the year ended 31/12/2020.
Riyad Capital announces that Riyad 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 (47,464,126)SAR.
- Total Expenses and Fees for the Year (-883,437) SAR.
- Net Income for the Year (3,953,401)
- Net Asset Value per unit: 8.51
- Number of Units (5,578,048.54)
- Total returns for the period: 8.46%
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-income-fund
Riyad Capital announces the appointment of HSBC Saudi Arabia as a Custodian for Riyad Income Fund.
Riyad Capital announces the appointment of HSBC Saudi Arabia as a Custodian for Riyad Income Fund effective Monday 23/08/1442H. corresponding to 05/04/2021G.
Riyad capital announces the distribution of dividend for Riyad Income Fund unit holders :
Riyad Capital announced a distribution of cash dividends to Riyad Income Fund unit holders for the periods from June 1, 2020 to the end of Nov 2020 as follows:
1.Total dividends distributed is SAR 661,777.00 .
2. The dividend will be based on the Number of existing units is 5,583,374.3790 Unit.
3. The distributed dividend amount of SR 0.118526 per unit, which is 1.19 % yield to the initial price of the unit.
4. The dividend yield is 1.51% of net asset value as of as of Tuesday , 04/05/ 1441H corresponding to 31/12/2019.
5. The EX- dividend date will be to those who own the units according to unitholder register by the end of Monday, 22/04/ 1442H corresponding to 07/12/2020.
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 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 39,401,419 SAR - Total expenses and fees for the period (409,165) SAR - Net profit / (loss) for the period (4,295,359) SAR - Number of units at the end of the period 5,517,259.42 units - Net unit value of 7.14SAR - Return of period -8.27% 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 Income Fund unit holders :
Riyad Capital announced a distribution of cash dividends to Riyad Income Fund unit holders for the periods from December 1st, 2019 to the end of May 2020 as follows:
1.Total dividends distributed is SAR 807,011.37
2.The dividend will be based on the Number of existing units is 5,719,733.3061 Unit
3.The distributed dividend amount of SR 0.141092 per unit, which is 1.41 % yield to the initial price of the unit.
4.The dividend yield is 1.8% of net asset value as of as of Tuesday , 05/05/ 1441H corresponding to 31/12/2019.
5.The EX- dividend date will be to those who own the units according to unitholder register by the end of Thursday, 20/10/ 1441H corresponding to 11/06/2020
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
Riyad Capital announcement availability of the annual report of Riyad 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 period55,745,630 SAR.Total Expenses and Fees for the Year (-1,416,094) SAR.Net Income for the Year9,769,148Net Asset Value per unit: 7.88Number of Units7,073,366.94Total returns for the period:5.89%
for further details on the Annual Report and the Annual Financial Results, please visithttp://www.riyadcapital.com/ar/asset-management/public-funds/equity-funds/
Riyad capital announces the distribution of dividend for Riyad Income Fund unit holders :
Riyad Capital announced a distribution of cash dividends to Riyad Income Fund unit holders for the periods from June 1st, 2019 to the end of Nov 2019 as follows:
- Total dividends distributed is SAR 1,226,644.53
- The dividend will be based on the Number of existing units is 7,100,825.9788 Unit
- The distributed dividend amount of SR 0.1727467 per unit, which is 1.73 % yield to the initial price of the unit.
- The dividend yield is 2.33% of net asset value as of as of Sunday , 24/04/ 1440H corresponding to 31/12/2018.
- The EX- dividend date will be to those who own the units according to unitholder register by the end of Monday, 12/04/ 1441H corresponding to 09/12/2019
- Dividends will be paid within a maximum of ten days.
Riyad Capital announces the availability of Riyad 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 70,816,177SAR
- Total expenses and fees for the period (837,840) SAR
- Net profit / (loss) for the period 10,620,175 SAR
- Number of units at the end of the period 8,758,341.25 units
- Net unit value of 8.09 SAR
- Return of period 8.77 %
Please click here to view the report
Riyad capital announces the distribution of dividend for Riyad Income Fund unit holders :
Riyad Capital announced a distribution of cash dividends to Riyad Income Fund unit holders for the periods from Dec. 1st, 2018 to the end of May 2018 as follows:
- Total dividends distributed is SAR 2,676,141.90
- The dividend will be based on the Number of existing units is 10,035,833.6285 Unit
- The distributed dividend amount of SR 0.266659 per unit, which is 2.66% yield to the initial price of the unit.
- The dividend yield is 3.6% of net asset value as of as of Sunday , 24/04/1440H corresponding to 31/12/2018.
- The EX- dividend date will be to those who own the units according to unitholder register by the end of Monday, 14/10/1440H corresponding to 17/06/2019
- Dividends will be paid within a maximum of ten days.
Riyad capital announces the distribution of dividend for Riyad Income Fund unit holders
Riyad Capital announced a distribution of cash dividends to Riyad Income Fund unit holders for the periods from June 1st, 2018 to the end of November 2018 as follows:
- Total dividends distributed is SAR 1,980,535.25
- The dividend will be based on the Number of existing units is 11,479,732.0576 Unit
- The distributed dividend amount of SR 0.172525 per unit, which is 1.73% yield to the initial price of the unit.
- The dividend yield is 2.52% of net asset value as of Sunday, 13/04 / 1439H corresponding to 31/12/2017.
- The EX- dividend date will be to those who own the units according to unitholder register by the end of Tuesday, 26/03 / 1440H corresponding to 04/12/2018
- Dividends will be paid within a maximum of ten days.
Riyad Capital announces the availability of Riyad 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 94,086,609 SAR
- Total expenses and fees for the period (819,530) SAR
- Net profit / (loss) for the period 12,049,337.67 SAR
- Number of units at the end of the period 12,049,337.67 units
- Net unit value of 7.8084 SAR
- Return of period 14.20%.
Please Find the report at the below link: http://www.riyadcapital.com/en/asset-management/public-funds/equity-funds/