Alkhabeer Capital Offers a Unique Investment Opportunity Through “Alkhabeer Growth and Income Traded Fund”

– The Fund will invest in a diversified portfolio of local and international stocks, public and private equity funds, initial public offerings, and private offerings.

– Subscription available through four receiving banks and subscription system on the website of Alkhabeer Capital

– IPO will continue until the end of Thursday, 31 March 2022

Jeddah, Saudi Arabia – 21 March 2022: Alkhabeer Capital, a prominent asset manager specializing in Shari’a- compliant investments and financial services, is offering to the market a unique investment opportunity through Alkhabeer Growth and Income Traded Fund, which will continue until the end of Thursday, 28 Shaaban 1443 corresponding to 31 March 2022.

Alkhabeer Growth and Income Traded Fund is the first of its kind in the region, as it aims to develop the Fund’s net asset value through the performance of its investments in the long term and to achieve periodic income for investors by distributing the returns of the companies in which the Fund invests, in addition to a portion of the capital gains resulting from the growth in the market value of the invested securities. It is Sharia-compliant and was established in accordance with the laws and regulations in force in the Kingdom of Saudi Arabia, and is subject to the supervision of the Capital Market Authority.

The Fund’s investment strategy will focus on investing in a diversified portfolio of local and international stocks, public and private equity funds, initial public offerings, and private offerings. The Fund Manager aims to diversify the geographical scope of the Fund’s investments by investing in various stock markets, including Saudi Arabia, USA, China, Japan, Switzerland, UK, France, Germany and Canada.

Saudi citizens, GCC nationals, foreign residents in the Kingdom and institutions will be able to subscribe to “Alkhabeer Growth and Income Traded Fund” through the following appointed Saudi receiving banks: Aljazira Capital (Offering Manager), Saudi National Bank, Al Rajhi Bank and Riyad Bank. Clients of other banks will be able to subscribe to the Fund through the subscription system on the website of Alkhabeer Capital.

Alkhabeer Capital, Fund Manager and Operator, headquartered in the Kingdom of Saudi Arabia, specializes in investments and financial services. It is regulated by the Capital Market Authority, under license number (07074-37).

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