YAQEEN IPO Fund

The Fund Manager may also invest no more than 50% of the Fund's net asset value in the shares of Saudi small and medium companies, which means all the shares of companies listed in the Saudi stock market (main and parallel - Nomu) with the exception of companies whose market size exceeds 15 billion riyals Saudi Arabia, and the calculation of the market size is as follows: The product of the share price multiplied by the number of shares of free companies.

مقتبس من البند 6 (3)

In exceptional circumstances, the Fund Manager may resort to keeping its assets in the form of cash 100% temporarily to face sharp fluctuations and declines in the stock market, taking into account the maximum possible protection for the Fund’s unit holders.

مقتبس من البند 6 (3)

Money market instruments and Murabaha Funds %0 %100

مقتبس من البند 6 (3)

Money market instruments and Murabaha Funds %0 %100

مقتبس من البند 6 (3)

Initial Public Offering (Main and Parallel Market - Nomu) %0 %100

مقتبس من البند 6 (3)

Initial Public Offering (Main and Parallel Market - Nomu) %0 %100

مقتبس من البند 6 (3)

Small and medium company shares %0 %50

مقتبس من البند 6 (3)

Small and medium company shares %0 %50

مقتبس من البند 6 (3)

Investment Funds %0 %25

مقتبس من البند 6 (3)

Investment Funds %0 %25

مقتبس من البند 6 (3)

ETFs %0 %25

مقتبس من البند 6 (3)

ETFs %0 %25

مقتبس من البند 6 (3)

Real estate traded Funds %0 %25

مقتبس من البند 6 (3)

Real estate traded Funds %0 %25

مقتبس من البند 6 (3)

The Fund seeks to achieve its objectives by investing up to 100% of its net assets in common shares during the initial public offering period and in shares of new listed companies, which has not been five years since its listing or the last 30 companies that have been listed in the Saudi stock market (main or parallel-Nomu).

مقتبس من البند 6 (3)

whether they are managed by the Fund Manager himself and/or another manager at a rate of (100%), provided that the percentage does not exceed 25% with an entity.

مقتبس من البند 7 (3)

The Fund Manager may invest no more than (25%) of its assets in similar Funds publicly offered in Saudi riyals and licensed by the Capital Market Authority, whether it is managed by the Fund Manager himself or another manager, in accordance with Shariah regulations in order to achieve an additional return, provided that the Fund’s ownership percentage does not exceed (10%) of the net asset value of the Fund whose units were owned.

مقتبس من البند 7 (3)

The Fund Manager may invest no more than (25%) of its assets in similar Funds publicly offered in Saudi riyals and licensed by the Capital Market Authority, whether it is managed by the Fund Manager himself or another manager, in accordance with Shariah regulations in order to achieve an additional return, provided that the Fund’s ownership percentage does not exceed (10%) of the net asset value of the Fund whose units were owned.

مقتبس من البند 7 (3)

The Fund will not resort to requesting financing by borrowing except when necessary, and after the approval of the Fund's Board of Directors, provided that the amount of borrowing, if any, does not exceed 10% of the Fund's net asset value.

مقتبس من البند 7 (3)

Derivatives contracts: Subject to Shariah controls in all Fund operations, the Fund will not invest in financial derivatives.

مقتبس من البند 8 (2)

The Fund will not invest in securities other than the securities mentioned in these terms and conditions.

مقتبس من البند 7 (3)

The target risk limits set by the Fund Manager may be based on past patterns of returns and correlations of the securities in which the Fund invests.

مقتبس من البند 5 (5)

The Fund Manager shall abide by the restrictions that apply to the Fund contained in the Funds Regulations, the Fund’s Terms and Conditions, the Fund’s Shariah Board controls.

مقتبس من البند 7 (5)

Yaqeen is not obligated to implement redemption requests for more than 10% of the Fund's net asset value on any dealing day.

مقتبس من البند 18 (3)

The Fund Manager will not distribute any profits to the subscribers, as the profits will be reinvested in the Fund.

مقتبس من البند 12 (5)