Riyad SAR Diversified Trade Fund | Money Market Funds - Riyad Capital
Riyad SAR Diversified Trade Fund
Do you want to invest in a fund that is secure and has access to money market instruments, bonds and sukuk?
Then Riyad SAR Diversified Trade Fund is your best option, as it offers extreme liquidity and security by contributing in what is considered to be low-risk investment.
- High liquidity and considered to be the most secure investment option
- Access to Governmental and company bonds
- Highly geared towards generating income
Learn More...
Overview
Objective:
The Fund seeks capital preservation and reasonable return within a low risk environment through investing mainly in money market instruments denominated in Saudi Riyal, short and medium term governmental bonds, company bonds and Sukuk.
Strategy:
The Fund invests its assets primarily in Saudi Riyal deposits, Saudi Treasury Bills, Saudi Government Development Bonds, company bonds and secondarily in sukuk. The Fund manager will reinvest the returns of the Fund’s investments and minimize the Fund’s risks by diversifying assets, ideally in the light of correlation of different assets’ classes, interest rates and maturity dates. The manager will invest all cash in the Fund in normal circumstances, but a small cash balance will be held for liquidity purposes. The Fund may not invest more than 15% of its net assets value in any class of security issued by any single institution and not more than 50% with the Fund’s manager or any of his affiliates.
Money Fund (SAR) Fund Facts:
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Launch Date: 24-May-1999
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Fund Manager: Fahad Al-Shubaily
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Fund Currency: Saudi Riyals (SAR)
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Fund Objective: Income (Governmental Bonds, Company Bonds & Sukuk)
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Risk Level: Low
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Fund Classification: Local - Money Market
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Valuation/Dealing Days: Sunday-to-Thursday
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Settlement In: 3 Business Days
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Sector Focus: Money Market
Past performance is not a guarantee of future returns. The value of units, the income from them, the prices and currencies of the funds, can go down as well as up. Investors may get back less than he or she originally invested. Additionally fees shall apply on the fund. Changes in currency rates may have an adverse effect on the value, price or income of the security. To ensure proper understanding of the fund and its suitability for you according to your risk tolerance, we recommend that you seek a specialized investment advisor. More information about the fund is available in the Terms and Conditions applicable to that fund and must be read carefully before investing. While reading the fund’s Terms and Conditions, please refer to the principal risks of investing in the Fund.
Fund Documents
Eligibility
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Initial Subscription/Minimum Balance: SAR 5,000
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Minimum Redemption/Additional: SAR 1,000
How to Apply
You can apply through one of the following:
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By visiting the nearest Riyad Capital Center and applying through one of the Customer Service representatives
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Applying Online through the Client's Investment Account
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By contacting Riyad Capital via phone and applying through the Interactive Voice Response (IVR)
Announcements
Announcements
09/08/2023
Announcement by The Riyad Capital for providing the public with the interim financial statements of TheRiyad SARDiversified Trade Fundfor the period ending on 30/06/2023 are available to the public.
The Riyad Capital announces that the interim financial statements of TheRiyad Diversified SAR Trade 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 (9,593,045,215) (SAR).
- Total expenses and fees for the period (23,122,632) (SAR).
- Net profit (loss) for the period of 180,051,059 (SAR).
-Number of outstanding units in the end of period (5,367,684.34) (units).
-Net asset value for the unit in 1,787.19 (SAR)
- Revenue of the period 1.75% .
12/07/2023
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad SAR Diversified Trade Fund for the period ending on 30/06/2023.
The Riyad Capital announces that the quarterly statement of The Riyad SAR Diversified Trade Fund for the period ending on 30/06/2023. A copy of the quarterly statement can be retrieved in Riyad Capital website in the following link:
https://www.riyadcapital.com/ar/asset-management/public-funds/
Thursday, April 13, 2023
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad SAR Diversified Trade Fund for the period ending on 31/03/2023.
The Riyad Capital announces that the quarterly statement of The Riyad SAR Diversified Trade 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 SAR Diversified Trade 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 SAR Diversified Trade 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 (13,496,808,222) SAR.
Total expenses and fees for the year/period ( -122,479,629) SAR.
Net profit (loss) for the year/period of 497,188,817 SAR.
Number of outstanding units at the end of period (7,689,836.64) (units)
Net asset value for the unit in 1,755.15 SAR.
Revenue of the period 2.30% .
Thursday, January 12, 2023
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad SAR Diversified Trade Fund for the period ending on 31/12/2022.
The Riyad Capital announces that the quarterly statement of The Riyad SAR Diversified Trade Fund for the period ending on 31/12/2022. A copy of the quarterly statement can be retrieved in Riyad Capital website in the following link:
https://www.riyadcapital.com/ar/asset-management/public-funds/Thursday, December 15, 2022
Announcement by Riyad Capital regarding the update of the terms and conditions of Riyad SAR Diversified Trade Fund
Riyad Capital announces an update of the terms and conditions of Riyad SAR Diversified Trade 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
Thursday, December 15, 2022
Announcement by Riyad Capital regarding the details of non-fundamental changes to Riyad SAR Diversified Trade Fund
Riyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Riyad SAR Diversified Trade 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
Thursday, December 15, 2022
Announcement by Riyad Capital regarding a change of the membership of the Board of Directors of Riyad SAR Diversified Trade Fund
Riyad Capital announces a change in the membership of the Board of Directors of Riyad SAR Diversified Trade 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 SAR Diversified Trade Fund for the period ending on 30/09/2022.
The Riyad Capital announces that the quarterly statement of The Riyad SAR Diversified Trade 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 SAR Diversified Trade Fund
Riyad Capital announces a change in the membership of the Board of Directors of Riyad SAR Diversified Trade 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:
- 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 SAR Diversified Trade Fund
Riyad Capital announces an update of the terms and conditions of Riyad SAR Diversified Trade 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 SAR Diversified Trade 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 SAR Diversified Trade 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 Diversified SAR Trade 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 (22,810,580,655) (SAR).
- Total expenses and fees for the period (72,956,953) (SAR).
- Net profit (loss) for the period of 226,169,755 (SAR).
- Number of outstanding units in the end of period (13,185,676.79) (units).
- Net asset value for the unit in 1,729.95 (SAR)
- Revenue of the period 0.85%.
Announcement by Riyad Capital regarding the details of non-fundamental changes to Riyad SAR Diversified Trade Fund
Riyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Riyad SAR Diversified Trade 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 SAR Diversified Trade Fund instead of PKF Al-Bassam & Co Chartered Accountants.
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad SAR Diversified Trade Fund for the period ending on 30/06/2022.
The Riyad Capital announces that the quarterly statement of The Riyad SAR Diversified Trade Fund for the period ending on 30/06/2022. A copy of the quarterly statement can be retrieved in Riyad Capital website in the following link:
https://www.riyadcapital.com/ar/asset-management/public-funds/Announcement by the Riyad Capital the availability of the quarterly statement of Riyad SAR Diversified Trade Fund for the period ending on 31/03/2022.
The Riyad Capital announces that the quarterly statement of The Riyad SAR Diversified Trade 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 SAR Diversified Trade 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 SAR Diversified Trade 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 (30,449,488,726) SAR.
Total expenses and fees for the year/period ( -125,220,792) SAR.
Net profit (loss) for the year/period of (278,372,337) SAR.
Number of outstanding units at the end of period (17,749,239.06) (units)
Net asset value for the unit in 1,715.54 SAR.
Revenue of the period 1.26% .
Announcement by Riyad Capital regarding an updateof the terms and conditions of Riyad SAR Diversified Trade Fund
Riyad Capital announces an update of the terms and conditions of Riyad SAR Diversified Trade 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 SAR Diversified Trade Fund
Riyad Capital announces a change in the membership of the Board of Directors of Riyad SAR Diversified Trade 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 SAR Diversified Trade Fund for the period ending on 31/12/2021.
The Riyad Capital announces that the quarterly statement of The Riyad SAR Diversified Trade Fund for the period ending on 31/12/2021. A copy of the quarterly statement can be retrieved in Riyad Capital website in the following link:
https://www.riyadcapital.com/ar/asset-management/public-funds/Announcement by the Riyad Capital the availability of the quarterly statement of Riyad SAR Diversified Trade Fund for the period ending on 30/09/2021.
The Riyad Capital announces that the quarterly statement of The Riyad SAR Diversified Trade 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 SARDiversified Trade 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 Diversified SAR Trade 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 (22,617,380,932) (SAR).
- Total expenses and fees for the period (50,366,311) (SAR).
- Net profit (loss) for the period of 109,606,152 (SAR).
- Number of outstanding units in the end of period (13,268,240.76) (units).
- Net asset value for the unit in 1,704.63 (SAR)
- Revenue of the period 0.62%.
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad SAR Diversified Trade Fund for the period ending on 30/06/2021.
The Riyad Capital announces that the quarterly statement of The Riyad SAR Diversified Trade 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 SAR Diversified Trade Fund.
Riyad Capital announces the details of notifiable changes to RiyadSAR Diversified Trade 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 announcement availability of the annual report of Riyad SAR Diversified Trade Fund including the audited annual financial results for the year ended 31/12/2020.
Riyad Capital announces that Riyad SAR Diversified Trade 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 (14,090,272,095) SAR.
- Total Expenses and Fees for the Year (-39,516,546) SAR.
- Net Income for the Year:(125,544,294) SAR.
- Number of Units 8,317,307.75.
- Net Asset Value per unit: 1,694.09 SAR.
- Total returns for the period: 2.13%
for further details on the Annual Report and the Annual Financial Results, please visit
Riyad Capital announces the appointment of HSBC Saudi Arabia as a Custodian for Riyad SAR Diversified Trade Fund.
Riyad Capital announces the appointment of HSBC Saudi Arabia as a Custodian for Riyad SAR Diversified Trade Fund effective Monday 23/08/1442H. corresponding to 05/04/2021G.
Riyad Capital announces the availability of Riyad SAR Diversified Trade 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 6,208,841,847 SAR
- Total expenses and fees for the period (9,452,856) SAR
- Net profit / (loss) for the period 42,724,060 SAR
- Number of units at the end of the period 3,695,519.86 units
- Net unit value of 1,680.10 SAR
- Return of period 1.28%
Please Find the report at the below link:
https://www.riyadcapital.com/ar/asset-management/public-funds/fixed-income-funds/
Riyad Capital announcement availability of the annual report of Riyad SAR Diversified Trade 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 period(919,664,537) SAR.
Total Expenses and Fees for the Year (-2,249,721)SAR.
Net Income for the Year:(12,182,119) SAR .
Number of Units554,419.87.
Net Asset Value per unit: 1,658.79SAR.
Total returns for the period:2.89%
for further details on the Annual Report and the Annual Financial Results, please visit
http://www.riyadcapital.com/ar/asset-management/public-funds/fixed-income-funds/
Riyad Capital announces the availability of Riyad SAR Diversified Trade 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 257,743,507 SAR
- Total expenses and fees for the period (596,340) SAR
- Net profit / (loss) for the period 3,731,764 SAR
- Number of units at the end of the period 157,550.43 units
- Net unit value of 1,635.94 SAR
- Return of period 1.48%
Please click here to view the report
Riyad Capital announces the availability of Riyad Money fund SAR 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 265,529,756 SAR
- Total expenses and fees for the period (613,206) SAR
- Net profit / (loss) for the period 2,796,249 SAR
- Number of units at the end of the period 166,768.4523 units
- Net unit value of 1,592.2062 SAR
- Return of period 2.02%
Please Find the report at the below link:
http://www.riyadcapital.com/en/asset-management/public-funds/money-market-funds/
Rates & Fees
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Annual Management Fee: 0.5%
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Front End Fee = N/A