Announcements
Announcement by Jadwa Investment regarding the details of non-fundamental changes to Jadwa Saudi Riyal Murabaha Fund
Wed, 31 May 2023
Jadwa Investment announces the approval of the Fund’s Board of Directors of a non-fundamental change to Jadwa Saudi Riyal Murabaha Fund; such change will become effective on 10/11/1444 H corresponding to 30/05/2022. The details of the non-fundamental change are as follows:
- Amendment of the fund manager's capital
- Correction of a typo in the name of the benchmark
- Amendment of the wording of some definitions
- Addition of the information of the administrative manager in the fund summary
- Change in the wording of "investment objectives"
- Update of the “Investment Concentration Policy” and “Derivatives” clauses in accordance with the latest version of the Investment Funds Regulations issued by the Capital Market Authority
- Addition of items to the list of risks
- Deletion of appendix No. 1