Riyad Al Mutahafedh Fund

• Launch Date: 10-Jun-2001
• Fund Classification:  Fund of Funds
• Sector Focus: Multi Assets Mutual Funds
• Risk Level: Limited
• Fund Currency: Saudi Riyals (SAR)
• Dealing Days: Monday to Thursday
• Redemptions Settlement: 5 Business Days

Objective:

Strategy:

Minimum Subscription, Balance, Additional Subscription and Redemption:

Minimum subscription and balance: SAR 5000

Minimum additional subscription and redemption: SAR 1000

Fees and expenses:

Subscription Fees: Maximum 1% of subscription value

Management Fees: 0.10% annually of Fund’s Net Assets Value, Funds invested in are also subject to management fees.

 

Past performance is not necessarily a guarantee of future performance. The unit holder shall bear the responsibility for any financial loss that may result from investing in the fund Also, the value of units and the income generated from them and their prices can go down and up at any time. investing in the fund is not considered as a deposit with any local bank. It is possible for the investor to redeem an amount less than the amount he originally invested, in addition to that, the fees incurred by the fund and changes in currency exchange rates may negatively affect the value, price or income of the security. The fund fees and expenses are applicable as mentioned in the Fund’s terms and conditions.. It is possible that Riyad Capital has provided securities business services to the issuer of securities or related securities during the previous twelve months. Riyad Capital, or any of its employees, or any of its subsidiaries or related companies, may have a financial interest in the assets of this fund. The investor should consult a qualified investment advisor to determine the appropriateness of his investment in this fund and the potential risks. To obtain more information about the fund before investing, you can refer to the terms and conditions of the fund and read them carefully, including the risks related to the fund. A copy of the Terms and Conditions is available through our website

• Initial Subscription/Minimum Balance: SAR 5,000 
• Minimum Redemption/Additional: SAR 1,000

You can apply through one of the following:

• Through Riyad Capital Online
• By contacting Riyad Capital via phone and applying through the Interactive Voice Response (IVR)
• By visiting the nearest Riyad Capital Center and applying through one of the Customer Service representatives

 
Thursday, 28 March 2024

Announcement by The Riyad Capital that The Riyad Al Mutahafedh 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 Al Mutahafedh 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 (54,604,707) SAR.
Total expenses and fees for the year/period ( -333,536) SAR.
Net profit (loss) for the year/period of (2,863,219) SAR.
Number of outstanding units at the end of period (3,246,330.50) (units)
Net asset value for the unit in 16.82 SAR.
Revenue of the period 5.71% .



Sunday, 14 January 2024

Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Al Mutahafedh Fund for the period ending on 31/12/2023.

The Riyad Capital announces that the quarterly statement of The Riyad Al Mutahafedh 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 Al Mutahafedh Fund

Riyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Riyad Al Mutahafedh 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
• Amending the percentage of investment in each investment field

Wednesday, 27 December 2023
Announcement by Riyad Capital regarding an update of the terms and conditions of Riyad Al Mutahafedh Fund

Riyad Capital announces an update of the terms and conditions of Riyad Al Mutahafedh 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
• Amending the percentage of investment in each investment field

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 Al Mutahafedh Fund

Riyad Capital announces a change in the membership of the Board of Directors of Riyad Al Mutahafedh 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:

1. (Mr./ Raed Albarakati), (membership status: Dependent)
2. (Mr./ Ahmad Alharbi), (membership status: Dependent)
3. (Mrs./ Amal Alahmad), (membership status: Dependent)
4. (Mr./ Abdullah Alshubaily), (membership status: Independent)
5. (Mr./ Faisal AlMekanzi), (membership status: Independent)
6. (Mr./ Sattam Al Suwailem), (membership status: Independent)

12/10/2023

Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Al Mutahafedh Fund for the period ending on 30/09/2023.

The Riyad Capital announces that the quarterly statement of The Riyad Al Mutahafedh 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/

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09/08/2023

Announcement by The Riyad Capital for providing the public with the interim financial statements of The Riyad Al Mutahafedh Fund for the period ending on 30/06/2023 are available to the public.

 

The Riyad Capital announces that the interim financial statements of TheRiyad Al Mutahafedh 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 (50,352,469) (SAR).

- Total expenses and fees for the period (172,183) (SAR).

- Net profit (loss) for the period of 1,292,005 (SAR).

-Number of outstanding units in the end of period (3,084,409.09) (units).

-Net asset value for the unit in 16.32 (SAR)

- Revenue of the period 2.48%.

 

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12/07/2023

Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Al Mutahafedh Fund for the period ending on 30/06/2023.

 

The Riyad Capital announces that the quarterly statement of The Riyad Al Mutahafedh 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/

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Thursday, April 13, 2023

 

Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Al Mutahafedh Fund for the period ending on 31/03/2023.

 

The Riyad Capital announces that the quarterly statement of The RiyadAl Mutahafedh 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/

 

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Thursday, March 30, 2023

Announcement by The Riyad Capital that The Riyad Al Mutahafedh 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 Al Mutahafedh 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 (50,187,284) SAR.

Total expenses and fees for the year/period ( -277,923) SAR.

Net profit (loss) for the year/period of (604,059) SAR.

Number of outstanding units at the end of period (3,154,434.71) (units)

Net asset value for the unit in 15.91 SAR.

Revenue of the period -1.28% .

 

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Thursday, January 15, 2023

Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Al Mutahafedh Fund for the period ending on 31/12/2022.

 

The Riyad Capital announces that the quarterly statement of The RiyadAl Mutahafedh 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/

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Thursday, December 15, 2022

Announcement by Riyad Capital regarding the update of the terms and conditions of Riyad Al Mutahafedh Fund

 

Riyad Capital announces an update of the terms and conditions of Riyad Al Mutahafedh 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

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

 

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Thursday, December 15, 2022

Announcement by Riyad Capital regarding the details of non-fundamental changes to Riyad Al Mutahafedh Fund

Riyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Riyad Al Mutahafedh 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

 

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Thursday, December 15, 2022

 

Announcement by Riyad Capital regarding a change of the membership of the Board of Directors of Riyad Al Mutahafedh Fund

Riyad Capital announces a change in the membership of the Board of Directors of Riyad Al Mutahafedh Fund due to appointment of board member (Mr. Faisal AlMekanzi) (membership status: Independent), from (04/05/1444 H.), corresponding to (28/11/2022 G.). The formation of the Board of Directors, after the change, shall be:

1.    (Mr./ Raed Albarakati), (membership status: Dependent)
2.    (Mr./ Abdulrahman Al-Mashal), (membership status: Dependent)
3.    (Mr./ Ahmad Alharbi), (membership status: Dependent)
4.    (Mrs./ Amal Alahmad), (membership status: Dependent)
5.     (Mr./ Sattam Al Suwailem), (membership status: Independent)
6.    (Mr./ Faisal AlMekanzi), (membership status: Independent)

 

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Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Al Mutahafedh Fund for the period ending on 30/09/2022.

The Riyad Capital announces that the quarterly statement of The RiyadAl Mutahafedh 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 Al Mutahafedh Fund

 

Riyad Capital announces a change in the membership of the Board of Directors of Riyad Al Mutahafedh Fund due to resignation of board member (Dr. Abdulwahab Abu Dahesh) (membership status: Independent), from(08/02/1444H.), corresponding to (04/09/2022 G.). The formation of the Board of Directors, after the change, shall be:

 

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

 

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Announcement by Riyad Capital regarding the update of the terms and conditions of Riyad Al Mutahafedh Fund

 

Riyad Capital announces an update of the terms and conditions of Riyad Al Mutahafedh 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 Al Mutahafedh 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 Al Mutahafedh 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 Al Mutahafedh 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 (48,150,181) (SAR).
- Total expenses and fees for the period (132,542) (SAR).
- Net profit (loss) for the period of (986,201) (SAR).
- Number of outstanding units in the end of period (3,049,690.23) (units).
- Net asset value for the unit in 15.79 (SAR)
- Revenue of the period -2.01%.
 

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Announcement by Riyad Capital regarding the details of non-fundamental changes to Riyad Al Mutahafedh Fund

 

Riyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Riyad Al Mutahafedh 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 Al Mutahafedh 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 Al Mutahafedh Fund for the period ending on 30/06/2022.

 

The Riyad Capital announces that the quarterly statement of The RiyadAl Mutahafedh 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 Al Mutahafedh Fund for the period ending on 31/03/2022.

 

The Riyad Capital announces that the quarterly statement of The RiyadAl Mutahafedh 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 Al Mutahafedh 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 Al Mutahafedh 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 (48,530,371) SAR.

Total expenses and fees for the year/period ( -59,241) SAR.

Net profit (loss) for the year/period of (206,665) SAR.

Number of outstanding units at the end of period (3,012,194.11) (units)

Net asset value for the unit in 16.11 SAR.

Revenue of the period 0.45% .

 

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Announcement by Riyad Capital regarding an update of the terms and conditions of Riyad Al Mutahafedh Fund

 

Riyad Capital announces an update of the terms and conditions of Riyad Al Mutahafedh Fund as of(28/07/1443H.), corresponding to (01/03/2022 G.).  A summary of the main updated items are as  follows:

 

• Update terms & conditions according to the updated investment fund regulations 
• Change fund board members

 

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Announcement by Riyad Capital regarding a change of the membership of the Board of Directors of Riyad Al Mutahafedh Fund

Riyad Capital announces a change in the membership of the Board of Directors of Riyad Al Mutahafedh 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)

 

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Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Al Mutahafedh Fund for the period ending on 31/12/2021.

The Riyad Capital announces that the quarterly statement of The RiyadAl Mutahafedh 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 Riyad Capital regarding the details of non-fundamental changes to Riyad Al Mutahafedh Fund

 

Riyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental changes to Riyad Al Mutahafedh Fund such change will become effective on (26/04/1443 H.), corresponding to (01/12/2021 G.).

 

The details of the non-fundamental changes are as follows: Expanding the Investment universe of the funds to includeExchange Traded Funds(ETFs), emphasizing on the ability to invest in Riyad Capital funds and not limiting the fund’s investments to it, amendments were applied in the investment limits,amending the fund benchmarks, adding a management fees, in addition to amending the valuation and dealing days and its times.

 

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Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Al Mutahafedh Fund for the period ending on 30/09/2021.

The Riyad Capital announces that the quarterly statement of The RiyadAl Mutahafedh 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 Al Mutahafedh 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 Al Mutahafedh 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 (46,933,024) (SAR).

- Total expenses and fees for the period (17,893) (SAR).

- Net profit (loss) for the period of 88,616 (SAR).

- Number of outstanding units in the end of period (2,920,094.59) (units).

- Net asset value for the unit in 16.07 (SAR)

- Revenue of the period 0.20%.

 

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Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Al Mutahafedh Fund for the period ending on 30/06/2021.

The Riyad Capital announces that the quarterly statement of The RiyadAl Mutahafedh 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 Al Mutahafedh Fund.

 

Riyad Capital announces the details of notifiable changes to Riyad Al Mutahafedh Fund, such changes will become effective on 23/08/1442H. corresponding to 05/04/2021G.

Details of the notifiable changes are: (Changing the custodian to HSBC Saudi Arabia, the custody fees, and the address of the fund manager)

 

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Riyad Capital announces the availability of the annual report of Riyad Al Mutahafedh Fund including the audited annual financial results for the year ended 31/12/2020.

 

Riyad Capital announces that  Riyad Al Mutahafedh 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 (50,148,270)SAR.
• Total Expenses and Fees for the Year (-28,005) SAR.
• Net Income for the Year: (1,535,828)
• Number of Units (3,127,003.23)
• Net Asset Value per unit: 16.04 SAR
• Total returns for the period: 3.65%

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

https://www.riyadcapital.com/ar/asset-management/public-funds/funds-of-funds/riyad-almutahafedh-fund

 

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Riyad Capital announces the appointment of HSBC Saudi Arabia as a Custodian for Riyad Al Mutahafedh Fund.

 

Riyad Capital announces the appointment of HSBC Saudi Arabia as a Custodian for Riyad Al Mutahafedh Fund effective Monday23/08/1442H. corresponding to 05/04/2021G.

 

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Riyad Capital announces the availability of Riyad Al Mutahafedh 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 43,566,268  SAR

- Total expenses and fees for the period (9,018) SAR

- Net profit / (loss) for the period 638,394 SAR

- Number of units at the end of the period 2,770,810.74 units

- Net unit value of  15.72 SAR

- Return of period 1.59%

Please Find the report at the below link:

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

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Riyad Capital announces the availability of the annual report of Riyad Al Mutahafedh Fund including the audited annual financial results for the year ended 31/12/2019.

 

Riyad Capital announcement 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(40,396,566) SAR.

Total Expenses and Fees for the Year  (-20,350) SAR.

Net Income for the Year:  1,046,063

Number of Units2,609,000.35

Net Asset Value per unit: 15.48 SAR

Total returns for the period:2.73%

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

http://www.riyadcapital.com/ar/asset-management/public-funds/funds-of-funds/

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Riyad Capital announces the availability of Riyad Al Mutahafedh 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 37,921,192  SAR

- Total expenses and fees for the period (9,665) SAR

- Net profit / (loss) for the period 460,536 SAR

- Number of units at the end of the period 2,486,254.75 units

- Net unit value of  15.25 SAR

- Return of period 1.22 %

Please click here to view the report

 

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Riyad Capital announces the availability of Riyad Al Mutahafedh 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 34,810,294 SAR
• Total expenses and fees for the period (7,892) SAR
• Net profit / (loss) for the period 408,572 SAR
• Number of units at the end of the period 2,328,985.1193 units
• Net unit value of  14.95 SAR
• Return of period 1.20%

Please Find the report at the below link:

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

• Subscription Fees: Maximum 1% of subscription value
• Management Fees: 0.10% annually of Fund’s Net Assets Value, Funds invested in are also subject to management fees.