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Riyad Al Jarei Fund

Having a Fund that is aggressively positioned and managed to target high growth equity funds can considerably make the market work in your favor.
Al Shamekh Fund in Riyad Capital provides high capital growth by focusing 90% of its investment in favorable local and global equity funds.

  • Capital preservation
  • High liquidation
  • Low costs
  • Diversification with active management
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Overview

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



Objective:

 
It is an open-ended public fund that invests in a group of funds that aims to achieve long term capital growth with a high-risk level



Strategy:

 
The Fund invests the majority of its assets in a portfolio of high-risk funds such as local, regional and international equity funds, exchange-traded funds, real estate development funds and private equity funds, and invests the remaining part of its assets in fixed income funds such as bond, sukuk, real estate, and securitization funds, and in low-risk funds such as money market and Murabaha funds.
The Fund will invest as follows:
 
 
Minimum
Maximum
Low Risk Funds
Non
Non
Fixed Income Funds
Non
Non
High Risk Funds
70%
Non

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: 0.85% annually of Fund’s Net Assets Value, Funds invested in are also subject to management fees.

 

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

Riyad Al Jarei Fund

Eligibilty

  • Minimum subscription and balance: SAR 5000
  • Minimum additional subscription and redemption: SAR 1000

How to apply

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)

Announcements




12/10/2023

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

The Riyad Capital announces that the quarterly statement of The Riyad Al Jarei 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 Al Jarei Fundfor the period ending on 30/06/2023 are available to the public.

 

The Riyad Capital announces that the interim financial statements of TheRiyad Al Jarei 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 (23,527,439) (SAR).

- Total expenses and fees for the period (193,420) (SAR).

- Net profit (loss) for the period of 2,091,159 (SAR).

-Number of outstanding units in the end of period (750,350.94) (units).

-Net asset value for the unit in 31.36 (SAR)

- Revenue of the period 9.18%.


 

12/07/2023

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

 

The Riyad Capital announces that the quarterly statement of The Riyad Al Jarei 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 Al Jarei Fund for the period ending on 31/03/2023.

 

The Riyad Capital announces that the quarterly statement of The RiyadAl Jarei 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 Al Jarei 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 Jarei 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 (21,551,271) SAR.

Total expenses and fees for the year/period ( -352,835) SAR.

Net profit (loss) for the year/period of (2,860,484) SAR.

Number of outstanding units at the end of period 53,322.62) (units)

Net asset value for the unit in 28.61 SAR

Revenue of the period -11.80 % .

 

Thursday, January 12, 2023

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

 

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

 

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



 
Thursday, December 15, 2022

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

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

 
Thursday, December 15, 2022

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

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


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

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

 

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

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

 

Riyad Capital announces an update of the terms and conditions of Riyad Al Jarei 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 Jarei 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 Al Jarei 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 Jarei 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 (22,669,979) (SAR).
- Total expenses and fees for the period (179,273) (SAR).
- Net profit (loss) for the period of (3,035,218) (SAR).
- Number of outstanding units in the end of period (795,219.12) (units).
- Net asset value for the unit in 28.51 (SAR)
- Revenue of the period -11.88%.
 

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

Riyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental changes to Riyad Al Jarei 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 Jarei Fund instead of PKF Al-Bassam & Co Chartered Accountants.

 

Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Al Jarei Fund for the period ending on 30/06/2022.

 

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

 

The Riyad Capital announces that the quarterly statement of The RiyadAl Jarei 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 Al Jarei 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 Jarei 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 (25,243,706) SAR.

Total expenses and fees for the year/period ( -70,088) SAR.

Net profit (loss) for the year/period of (2,653,672) SAR.

Number of outstanding units at the end of period (780,975.88) (units)

Net asset value for the unit in 32.32 SAR

Revenue of the period 11.62% .


 

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

 

Riyad Capital announces an update of the terms and conditions of Riyad Al Jarei 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
 
Announcement by Riyad Capital regarding a change of the membership of the Board of Directors of Riyad Al Jarei Fund

Riyad Capital announces a change in the membership of the Board of Directors of Riyad Al Jarei Fund due to resignation of board member (Mr. Adel Ibrahim Al-Ateeq) (membership status: Dependent), and the resignation of board member (Mr. Farraj Saad Al-Qabani) (membership status: Dependent), from (03/06/1443 H.), corresponding to (06/01/2022 G.), and appointment of board member (Mr./ Abdulrahman Al-Mashal), (membership status: Dependent), and appointment of board member (Mr./ Ahmad Alharbi), (membership status: Dependent) from (12/07/1443 H.), corresponding to (13/02/2022 G.), The formation of the Board of Directors, after the change, shall be:

1.    (Mr./ Raed Albarakati), (membership status: Dependent)
2.    (Mr./ Abdulrahman Al-Mashal), (membership status: Dependent)
3.    (Mr./ Ahmad Alharbi), (membership status: Dependent)
4.    (Mrs./ Amal Alahmad), (membership status: Dependent)
5.    (Dr./ Abdulwahab Abu Dahesh), (membership status: Independent)
6.    (Mr./ Sattam Al Suwailem), (membership status: Independent)
 
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Al Jarei Fund for the period ending on 31/12/2021.

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

Riyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental changesRiyad Al Jarei Fund, such changes 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 fund to include Exchange Traded Funds (ETFs), emphasizing on the ability to invest in Riyad Capital funds and not limiting the fund’s investments to it,amending the fund benchmarks, adding a management fees, in addition to amending the valuation and dealing days and its times.

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

The Riyad Capital announces that the quarterly statement of The RiyadAl Jarei 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 Al Jarei 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 Jarei 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 (22,639,084) (SAR).

- Total expenses and fees for the period (17,642) (SAR).

- Net profit (loss) for the period of 1,415,909 (SAR).

- Number of outstanding units in the end of period (738,262.21) (units).

- Net asset value for the unit in 30.67 (SAR)

- Revenue of the period 5.81%.


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

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

 

Riyad Capital announces the details of notifiable changes to Riyad Al Jarei 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)

 
 

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

 

Riyad Capital announces that Riyad Al Jarei 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 (22,395,418)SAR.
  • Total Expenses and Fees for the Year (-28,012) SAR.
  • Net Income for the Year (2,039,655)
  • Net Asset Value per unit: 28.88 SAR
  • Number of Units (775,510.51)
  • Total returns for the period: 10.32%

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-aljarei-fund

 
 

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

 

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

 
Riyad Capital announces the availability of Riyad Al Jarei 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 19,149,740 SAR

- Total expenses and fees for the period (9,237) SAR

- Net profit / (loss) for the period (572,874) SAR

- Number of units at the end of the period 752,376.34 units

- Net unit value of  25.45 SAR

- Return of period -3.58%

Please Find the report at the below link:

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


 

Riyad Capital announcement availability of the annual report of Riyad Al Jarei Fundincluding 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 (26,846,411) SAR.

Total Expenses and Fees for the Year (-20,286) SAR.

Net Income for the Year (4,686,644)

Net Asset Value per unit:  26.29 SAR

Number of Units1,020,939.68

Total returns for the period: 17.58%

 

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/


 

Riyad Capital announces the availability of Riyad Al Jarei 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 29,805,306 SAR

- Total expenses and fees for the period (9.424) SAR

- Net profit / (loss) for the period 3,648,075 SAR

- Number of units at the end of the period 1,179,120.63 units

- Net unit value of  25.28  SAR

- Return of period 12.28 %

Please click here to view the report

 
 

Riyad Capital announces the availability of Riyad Al Jarei 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 32,351,042 SAR
  • Total expenses and fees for the period (9,889) SAR
  • Net profit / (loss) for the period 645,180 SAR
  • Number of units at the end of the period 1,333,969.05 units
  • Net unit value of 24.2517  SAR
  • Return of period -3.71 %

Please Find the report at the below link:

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

 

Rates & Fees

  • Subscription Fees: Maximum 1% of subscription value
  • Management Fees: 0.85% annually of Fund’s Net Assets Value, Funds invested in are also subject to management fees.

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