صندوق الأهلي المتنوع بالريال السعودي

The Fund invests primarily in financial instruments that are Sharia compliant with counterparties in the Kingdom of Saudi Arabia and abroad (Gulf countries or global markets), denominated in Riyals or any foreign currency, in accordance with the implementing regulations and related policies. The securities in which the Fund invests mainly include:

• Short, medium, and long term financial instruments, these is include but not limited to money market transactions including: Murabaha, Wakala, Mudaraba and Musharaka, fixed income instruments, and Sharia compliant alternatives of swaps, repurchase agreement (Repo) and reverse repurchase agreement, structured products and asset‐backed securities, certificates and contracts of Leasing, financing deals, index-linked certificates and any other instruments approved by the Sharia Committee.
• Units of public or private investment funds that mainly aim to invest in any asset classes targeted by the fund with the risk level including direct and indirect financing funds.
• Money market instruments and fixed income instruments offered in a public or private offering in the local market or the global markets.
• Money market instruments that are subject to /and licensed by the Central Bank or any similar regulatory Authority outside the Kingdom, and fixed income instruments issued by the fund manager or the Saudi National Bank, or any of its affiliates.
• The fund can gain collected returns for its own cash in the account established with the custodian.
• The minimum credit rating for most of the Fund’s and counterparty’s underlying Investments will be as determined by an international rating agency with a minimum rating of: Standard & Poor’s BBB-/Moody’s Baa3-/Fitch BBB-. If there is no credit rating for the Fund’s Investments or the counterparty’s, the Fund Manager will classify the quality of the Investments internally, based on the stability and soundness of the counterparty’s or issuer’s financial position.
• Investment without the investment grade that classification by an international rating agency: Standard & Poor's BBB / - Moody's Baa3 / Fitch BBB - maximum as indicated in the subparagraph (d) from Paragraph (3) “Investment policies and practices”.
• Dealing in currency exchange deals and currency or interest swap deals (implementation trading operations in foreign currencies), for the purpose of investing in securities denominated in a currency other than the Fund's currency. In addition to financial derivatives and options contracts.

For more information on the Fund’s investment strategies please refer to the Terms & Conditions.