SEDCO Capital Global Monthly Distributions Fund
157004 · Public fund · 156 clauses read
Every limit below quotes the sentence it came from, in the document's own language. Nothing here has been approved, and no figure was generated — each one was read from the published terms and can be checked against them.
Minimum subscription: 100 Saudi Riyals.
Quoted from clause 11 (4)
Minimum additional subscription: 10 Saudi Riyals.
Quoted from clause 11 (4)
Minimum redemption: 100 Saudi Riyals.
Quoted from clause 11 (4)
A 1% early redemption fee will be charged if a redemption of Units is requested within thirty (30) Calendar Days of the subscription period, paid once and deducted directly from the investment amount.
Quoted from clause 11 (4)
companies whose accounts receivables divided by the trailing 24-month average market capitalisation or total assets (whichever is the greater as the denominator) is greater than or equal to 33%; or
Quoted from clause 33 (3)
companies whose amount of revenue generated from any of the following Non-Permissible Activities is exceeding 5% of its total revenue irrespective of the income being generated by undertaking a Non-Permissible activity.
Quoted from clause 33 (3)
No Fund may invest in or use any of the following instruments or any derivatives thereof:
Quoted from clause 33 (3)
No Fund may use conventional borrowing, leverage or hedging.
Quoted from clause 33 (3)
Any dividends received from companies Non-Permissible Activities or Preferred Shares must be purified according to SEDCO Capital’s purification process.
Quoted from clause 33 (3)
Existing companies whose conventional Leverage Ratio is more than (33%) for existing companies on a post money valuation basis and Zero for companies yet to be formed, where Leverage Ratio is calculated as per the formula below:
Quoted from clause 33 (3)
What happens next
Nothing here came from your systems. It was read from the terms and conditions your fund already publishes, so you can judge the work before sharing anything.
If the limits are right, a person at your firm approves each one against its clause — that is what puts it in force. From then on, any breach you record cites the approved text, and the letter to the Authority quotes it verbatim.
- Source document
- Terms and conditions (PDF)In English
- Clauses read
- 156
- Limits proposed
- 10
- Prepared
- nothing has been shared with us
Claim this fund's rulebook
Say who you are and we mail you a personal link to this draft: every limit with its clause, nothing approved, nothing from your systems. The link lives thirty days. No account is created and nothing you type here is shared.
ComAgents — the regulator-facing accountability layer for CMA-regulated firms. Nothing here is verified; nothing came from your systems.