Riyad Small and Medium Cap Fund

Objective:

The Fund aims to achieve long-term capital growth within a high risk environment through investing primarily in stocks of medium Saudi companies with market capitalization between SAR 3 to 50 billion and small Saudi companies with market capitalization not more than SAR 3 billion. The Fund also invests partially in stocks of medium Gulf companies with market capitalization between SAR 3 billion to 50 billion and small Gulf Companies with market capitalization not more than SAR 3 billion. All companies shall be compliant with the criteria set by the Sharia Committee of Riyad Capital for this Fund to be able to invest in its assets.

Strategy:

The Fund manager employs research tools and focuses on companies that enjoy strong fundamental factors and promises long-term growth.

The Fund manager will consider the relative weights of companies in the benchmark when allocating the assets, in addition to risk requirements, market trends, economic and political conditions, and the Fund’s objectives.

Riyad Small and Medium Cap Fund Facts:

• Launch Date: 30-Dec-2009
• Fund Manager: Mohammed Al Harthi 
• Fund Currency: Saudi Riyals (SAR)
• Fund Domicile: Saudi Arabia
• Fund Objective : Capital Growth - Small and Med. Cap
• Risk Level: High
• Fund Classification : Local - Sharia compliant
• Valuation/Dealing Days: Mon-Wed
• Settlement In: 3 Business Days
• Sector Focus: Medium Cap

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
• Semi Annual Report
• Quarterly Report

• Initial Subscription/Minimum Balance: SAR 5,000
• Minimum Redemption/Additional: SAR 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.
• By contacting Riyad Capital via phone and applying through the Interactive Voice Response (IVR)

Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Small and Medium Cap Fund for the period ending on 30/09/2022.

The Riyad Capital announces that the quarterly statement of The Riyad Small and Medium Cap 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/

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Announcement by Riyad Capital regarding a change of the membership of the Board of Directors of Riyad Small and Medium Cap Fund

Riyad Capital announces a change in the membership of the Board of Directors of Riyad Small and Medium Cap 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:

1. Raed Albarakati), (membership status: Dependent)
2. (Mr./ Abdulrahman Al-Mashal), (membership status: Dependent)
3. Abdullah AlFaris), (membership status: Dependent)
4. Amal Alahmad), (membership status: Dependent)
5. Sattam Al Suwailem), (membership status: Independent)

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Announcement by Riyad Capital regarding the update of the terms and conditions of Riyad Small and Medium Cap Fund

Riyad Capital announces an update of the terms and conditions of Riyad Small and Medium Cap 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 Small and Medium Cap Fund instead of PKF Al-Bassam & Co Chartered Accountants.

The updated terms and conditions can be found in the attached file:Click here

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Announcement by The Riyad Capital for providing the public with the interim financial statements of The Riyad Small and Medium cap 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 Small and Medium cap 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 (28,090,579) (SAR).
- Total expenses and fees for the period (416,735) (SAR).
- Net profit (loss) for the period of 2,221,774 (SAR).
- Number of outstanding units in the end of period (798,399.42) (units).
- Net asset value for the unit in 35.18 (SAR)
- Revenue of the period 11.84%.

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Announcement by Riyad Capital regarding the details of non-fundamental changes to Riyad Small and Medium Cap Fund

Riyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Riyad Small and Medium Cap 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 Small and Medium Cap Fund instead of PKF Al-Bassam & Co Chartered Accountants.

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Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Small and Medium Cap Fund for the period ending on 30/06/2022.

The Riyad Capital announces that the quarterly statement of The Riyad Small and Medium Cap 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/

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Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Small and Medium Cap Fund for the period ending on 31/03/2022.

The Riyad Capital announces that the quarterly statement of The Riyad Small and Medium Cap 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/

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Announcement by The Riyad Capital that The Riyad Small and Medium cap 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 Small and Medium cap 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 (21,095,270) SAR.

Total expenses and fees for the year/period ( -549,117) SAR.

Net profit (loss) for the year/period of (5,152,572) SAR.

Number of outstanding units at the end of period (670,452.49) (units)

Net asset value for the unit in 31.46 SAR.

Revenue of the period 32.75%

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Announcement by Riyad Capital regarding an updateof the terms and conditions of Riyad Small and Medium Cap Fund

Riyad Capital announces an update of the terms and conditions of Riyad Small and Medium Cap 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 Small and Medium Cap Fund

Riyad Capital announces a change in the membership of the Board of Directors of Riyad Small and Medium Cap 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)

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Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Small and Medium Cap Fund for the period ending on 31/12/2021.

The Riyad Capital announces that the quarterly statement of The Riyad Small and Medium Cap 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/

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Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Small and Medium Cap Fund for the period ending on 30/09/2021.

The Riyad Capital announces that the quarterly statement of The Riyad Small and Medium Cap 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/

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Announcement by The Riyad Capital for providing the public with the interim financial statements of TheRiyad Small and Medium cap 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 Small and Medium cap 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 (19,523,567) (SAR).

- Total expenses and fees for the period (233,421) (SAR).

- Net profit (loss) for the period of 4,307,611 (SAR).

- Number of outstanding units in the end of period (648,169.49) (units).

- Net asset value for the unit in 30.12 (SAR)

- Revenue of the period 27.26%.

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Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Small and Medium Cap Fund for the period ending on 30/06/2021.

The Riyad Capital announces that the quarterly statement of The Riyad Small and Medium Cap 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/

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Riyad Capital announces the details of notifiable changes to Riyad Small and Medium Cap Fund.

Riyad Capital announces the details of notifiable changes to RiyadSmall and Medium Cap 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).

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Riyad Capital announcement availability of the annual report of Riyad Small and Medium cap Fund including the audited annual financial results for the year ended 31/12/2020.

Riyad Capital announces that Riyad Small and Medium cap 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 (16,979,323)SAR.
• Total Expenses and Fees for the Year (-379,782) SAR.
• Net Income for the Year (2,121,000)
• Net Asset Value per unit: 23.70 SAR
• Number of Units (716,494.24)
• Total returns for the period: 14.72%

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/small-medium-cap-fund

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Riyad Capital announces the appointment of HSBC Saudi Arabia as a Custodian for Riyad Small and Medium Cap Fund.

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

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Riyad Capital announces the availability of Riyad Small and Medium Cap 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 14,755,199 SAR

- Total expenses and fees for the period (165,391) SAR

- Net profit / (loss) for the period (985,288) SAR

- Number of units at the end of the period 755,323.47 units

- Net unit value of 19.53 SAR

- Return of period -4.38%

Please Find the report at the below link:

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

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Riyad Capital announcement availability of the annual report of Riyad Small and Medium cap 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 period17,062,514 SAR.

Total Expenses and Fees for the Year (-376,043) SAR.

Net Income for the Year3,061,965

Net Asset Value per unit:  20.79 SAR

Number of Units820,587.44

Total returns for the period: 17.89%

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/

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Riyad Capital announces the availability of Riyad Small and Medium Cap 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 16,834,132 SAR

- Total expenses and fees for the period (195,693) SAR

- Net profit / (loss) for the period 2,491,662 SAR

- Number of units at the end of the period 836,823.62 units

- Net unit value of 20.12  SAR

- Return of period 13.96 %

Please click here to view the report

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Riyad Capital announces the availability of Riyad Small and Medium Cap 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 24,017,266 SAR
• Total expenses and fees for the period (302,600) SAR
• Net profit / (loss) for the period 2,667,752 SAR
• Number of units at the end of the period 1,285,742.91 units
• Net unit value of 18.6797  SAR
• Return of period 12.02 %

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 = 1.0%

The policy was approved by the Fund Board on 6^th 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

(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.