ALSuqia Association Endowment Fund
Profit
Since start of the year
2.34%
Since three months
3.27%
Since a year
1.81%
Since three years
Not available
Since five years
Not available
Highest and lowest in 52 weeks
1.59% - 1.59%
Investment strategy
The fund develop and invest their assets in the fund for the purpose of enhancing their value and developing the endowed capital in a way that supports irrigation projects through drilling wells, establishing and maintaining desalination plants and providing potable water. The Fund Managers participation in investing assets in all asset categories with diverse risks and in a way that achieves the development goal of the endowed capital with the distribution of the endowment yield to irrigation associations contributing to the fund at no less than 70% of the net profits annually from distributed profits or capital gains.
Manager
Al Rajhi Capital
Owner
Al Rajhi Capital
Establishment date
02 September 2024
Eligibility
All Nationalities
Country
Oman
Other funds owned by the same owner
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Other funds managed by the same maneger
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