Alkhabeer Growth and Income Fund

Listed global and local equities (75%) 100%

مقتبس من البند 3 (2)

Listed global and local equities (75%) 100%

مقتبس من البند 3 (2)

Cash liquidity and Murabaha transactions (0%) 25% **

مقتبس من البند 3 (2)

Cash liquidity and Murabaha transactions (0%) 25% **

مقتبس من البند 3 (2)

1. Investment of more than 10% of the net asset value of the public fund in shares of a single issuer listed on the market or on any other organized financial market, provided that it does not exceed the ratio of the market value of the issue to the total market value of all shares listed on the relevant market.

مقتبس من البند 1 (4)

This applies to a public fund whose objective is to invest in shares listed on the market or on any other organized financial market, provided that such investment does not exceed 20% of the net asset value of the fund.

مقتبس من البند 1 (4)

Investment of more than 10% of the net asset value of the public fund in shares listed on the market or on any other organized financial market of a single issuer belonging to a field or sector in which the public fund aims to invest, provided that this does not exceed the ratio of the market value of the issue to the total market value of that specific field or sector.

مقتبس من البند 2

This applies to a public fund whose terms and conditions state that its investment objective is specified in a particular field or sector of shares listed on the market, provided that the investment therein does not exceed 20% of the net asset value of the fund.

مقتبس من البند 2

Except for investment in investment funds, the total of the fund's investments in different entities belonging to the same group may not exceed 25% of the net asset value of the public fund, and this includes all investments in securities issued by them, money market transactions concluded with them, and bank deposits held with them.

مقتبس من البند 2

The fund portfolio may not include any security in respect of which any amount due is required to be paid, unless such payment can be fully covered by cash or securities that can be converted into cash from the fund portfolio within five (5) business days.

مقتبس من البند 2

The Fund will not invest its assets with unrated entities by any of the three international credit rating agencies (Standard & Poor's, Moody's, Fitch), or with parties not regulated by the Saudi Central Bank or by a regulatory authority equivalent to the Saudi Central Bank outside the Kingdom of Saudi Arabia.

مقتبس من البند 3 (2)

Ownership of the units may not be transferred except after obtaining the Fund Manager's approval.

مقتبس من البند d (2)

Under normal circumstances, the Fund Manager will not retain cash or invest in Murabaha transactions in excess of 25% of the Fund's net asset value.

مقتبس من البند A (4)

Listed global and local equities (75%) 100%

مقتبس من البند D (2)

Listed global and local equities (75%) 100%

مقتبس من البند D (2)

Initial public offering and capital increase for shares of listed companies (0%) 25%

مقتبس من البند D (2)

Initial public offering and capital increase for shares of listed companies (0%) 25%

مقتبس من البند D (2)

Private equity funds and unlisted companies preparing for an initial public offering through (0%) 10% participation in private placements

مقتبس من البند D (2)

Private equity funds and unlisted companies preparing for an initial public offering through (0%) 10% participation in private placements

مقتبس من البند D (2)

Public equity funds, exchange-traded funds, and money market funds (0%) 25%

مقتبس من البند D (2)

Public equity funds, exchange-traded funds, and money market funds (0%) 25%

مقتبس من البند D (2)

Cash liquidity and Murabaha transactions (0%) 25% **

مقتبس من البند D (2)

Cash liquidity and Murabaha transactions (0%) 25% **

مقتبس من البند D (2)

Under normal circumstances, the Fund Manager will not retain cash liquidity or invest in Murabaha transactions in excess of 25% of the Fund's net asset value.

مقتبس من البند D (2)

However, in the event that some investments are liquidated (and until the cash liquidity is reinvested), or in exceptional circumstances, including, for example, an economic crisis, force majeure, war, etc., the allocation to cash liquidity and Murabaha transactions may be increased up to 100% of the Fund's net asset value.

مقتبس من البند D (2)

The Fund will not invest its assets with unrated entities by one of the three international credit rating agencies (Standard & Poor's, Moody's, Fitch), or with parties not regulated by the Saudi Central Bank or by a regulatory authority equivalent to the Saudi Central Bank outside the Kingdom of Saudi Arabia.

مقتبس من البند F (2)

In addition, the maximum weight of a single country will be 60% and 5.0% for a single company of the total value of the index.

مقتبس من البند G

In addition, the maximum weight of a single country will be 60% and 5.0% for a single company of the total value of the index.

مقتبس من البند G

The Fund will not invest its assets in financial derivatives and debt instruments such as sukuk or in securities not mentioned in paragraph (d) of the Terms and Conditions.

مقتبس من البند J

It is not permissible to own more than 20% of the net asset value of the fund whose units have been acquired.

مقتبس من البند L

The global and local equity portfolio follows a passive investment strategy by replicating the performance of the index while maintaining tracking error at the lowest level and at a maximum of 2%.

مقتبس من البند P

The Fund will not invest its assets in financial derivatives.

مقتبس من البند Q

The Fund Manager is entitled to receive a subscription fee of up to 1.0% of the cash subscription amounts.

مقتبس من البند D (4)

First: Allocate no less than 5% and no more than 70% of the total offering to the subscribing institutions - if any - on a pro rata basis among them.

مقتبس من البند A (7)

First: Allocate no less than 5% and no more than 70% of the total offering to the subscribing institutions - if any - on a pro rata basis among them.

مقتبس من البند A (7)

During the initial offering period, investors must subscribe to at least 100 units per investor at a subscription price of 10 Saudi Riyals per unit, with a total subscription amount of not less than 1,000 Saudi Riyals.

مقتبس من البند C (6)

If the percentage of redemption requests submitted by unitholders, which are required to be executed on any dealing day, reaches 10% or more of the Fund's net asset value, the Fund Manager shall have the right to execute redemptions not exceeding 10% of the Fund's net assets on that day only.

مقتبس من البند F (4)

The Fund Manager aims to comply with the Authority's laws and instructions with respect to the transfer of ownership of units to other investors whenever such exists.

مقتبس من البند G (3)

Minimum subscription: 1,000 Saudi Riyals for each investor.

مقتبس من البند H (3)

Minimum additional subscription: 1,000 Saudi Riyals for each investor.

مقتبس من البند H (3)

Minimum redemption: 1,000 Saudi Riyals for each investor.

مقتبس من البند H (3)

The minimum subscription must not be less than 1,000 Saudi Riyals.

مقتبس من البند H (3)

The Fund Manager targets distributing profits on a semi-annual basis. This distribution includes 100% of the returns on the Fund's investments, and up to 50% of the net realized and unrealized capital gains, and such distributions are subject to the approval of the Fund's Board of Directors.

مقتبس من البند 12

The Fund Manager shall call a meeting of Unitholders by publishing the invitation on its website and on the Saudi Exchange website and by sending written notice to all Unitholders and the Custodian, giving a notice period of not less than (10) days and not more than (21) days prior to the date of the meeting.

مقتبس من البند B (9)

The Fund Manager shall call a meeting of Unitholders by publishing the invitation on its website and on the Saudi Exchange website and by sending written notice to all Unitholders and the Custodian, giving a notice period of not less than (10) days and not more than (21) days prior to the date of the meeting.

مقتبس من البند B (9)

The quorum required for holding a meeting of Unitholders shall consist of a number of Unitholders who collectively own at least 25% of the value of the Fund's units.

مقتبس من البند C (8)

If the quorum requirements set out above are not met, the Fund Manager must call a second meeting by publishing an announcement on its website and on the Saudi Exchange website, and it must also send written notice to the Custodian, giving a notice period of not less than five (5) days prior to the date of the second meeting.

مقتبس من البند C (8)

The Fund Manager must call a meeting of Unitholders within (10) days of receiving a written request from one or more Unitholders who, collectively or individually, own at least (25%) of the value of the Fund's units.

مقتبس من البند A (10)

The Fund Manager must notify the Authority in writing of the Fund’s termination and also notify the unitholders of its termination by announcement on the Fund Manager’s website and the Exchange’s website within (10) days of the end of the Fund’s term in accordance with the requirements set out in paragraph (d) of Annex (10) of the Investment Funds Regulations.

مقتبس من البند A (13)

If the Fund’s term expires and the Fund Manager has not completed the stage of selling the Fund’s assets during its term, the Fund Manager must liquidate the assets and distribute the unitholders’ entitlements to them within a period not exceeding (6) months from the date of expiry of the Fund’s term.

مقتبس من البند A (13)

The Fund Manager must distribute the unitholders’ entitlements to them immediately upon the expiry of the Fund’s term or

مقتبس من البند A (13)

(14) of the Investment Funds Regulations within a period not exceeding (70) days from the date of completion of the Fund’s termination or liquidation, including the Fund’s final audited financial statements for the period subsequent to the last annual audited financial statements.

مقتبس من البند 14 (3)

In the event that the Fund Manager is removed from the liquidation activities, the Fund Manager shall fully cooperate in transferring the liquidation responsibilities to the appointed liquidator and shall transfer to it all documents related to the relevant investment fund that enable it to complete the liquidation activities within (20) days from the date of the Authority's decision to remove the Fund Manager and appoint an alternative liquidator.

مقتبس من البند 14 (3)

The Fund Manager must notify the Authority in writing and the unitholders through an announcement on the Fund Manager's website and the Saudi Exchange website of the completion of the fund liquidation within (10) days from the completion of the fund liquidation in accordance with the requirements set out in paragraph (d) of Annex (10) of the Investment Funds Regulations.

مقتبس من البند B (12)

The Fund Manager must provide the unitholders with the fund termination report in accordance with the requirements of Annex

مقتبس من البند B (12)

(14) of the Investment Funds Regulations within a period not exceeding (70) days from the date of completion of the fund termination or liquidation, including the fund's final audited financial statements for the period subsequent to the last annual audited financial statements.

مقتبس من البند 14 (4)

1. The Fund may not invest in companies whose principal line of business is one or more of the following:

مقتبس من البند 1 (27)

Production and distribution of alcohol or tobacco and the like.

مقتبس من البند B (21)

Institutions and companies that focus on gambling and betting activities, such as casinos or manufacturers and providers of gambling machines.

مقتبس من البند B (21)

Production and distribution of pork and its derivatives, non-slaughtered meats, alcoholic beverages, and all non-halal products.

مقتبس من البند D (15)

Biotechnology companies involved in the manipulation of human genes and related modification or cloning, excluding companies concerned with medical research.

مقتبس من البند E (12)

Entertainment tools not compliant with the standards of the Sharia Supervisory Committee of the Fund Manager, such as the production and publication of pornographic films, immoral books, magazines, indecent satellite channels and cinemas, the composition and publication of music, and radio stations not compliant with the standards of the Sharia Supervisory Committee of the Fund Manager.

مقتبس من البند F (8)

Any other activity not compliant with the standards of the Sharia Supervisory Committee of the Fund Manager as determined by the Sharia advisor.

مقتبس من البند F (8)

Total conventional debt divided by the company's total assets equals or exceeds 30%.

مقتبس من البند A (22)

Total cash plus interest-bearing prohibited securities divided by total assets equals or exceeds 30%.

مقتبس من البند B (22)

Income derived from investments not compliant with the standards of the Sharia Supervisory Committee of the Fund Manager equals or exceeds 5%.

مقتبس من البند C (18)

Shares may not be bought and sold by any of the following investment instruments:

مقتبس من البند 5 (11)