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Arbah Daily Liquidity Fund

Arbah Daily Liquidity Fund is an investment fund invest in money market and fixed income. The Fund is an open ended, Saudi Riyal-denominated fund that aims to provide liquidity upon investor request and capital growth by investing in short-term and fixed income instruments (investment1 grade and non-investment grade) supported by assets of GCC countries, compliant with Shariah standards and approved by the Fund's Shariah Committee.

The Fund will not distribute dividends to the unit holders and will be reinvested in the Fund to the unit holder’s benefit. Saudi Arabian Interbank Offered Rate (SAIBOR) is the benchmark for comparing the performance of Arbah Daily Liquidity Fund. The Asset Management team works to outperform the benchmark index performance. Investors can monitor the index performance on the Bloomberg or Reuter’s or any of the Saudi banks. This index is the interest rate on loans between Saudi banks or the interest rate on loans between Gulf banks, a specific weighted.

Performance
Unit Price12.0100
YTD Change   5.00%
YTI20.10%
Fund ManagerArbah Capital
The Fund is denominated in SAR and other GCC currencies that are pegged to the US Dollar.
Base CurrencySaudi Riyal
Benchmark1-Month SAIBOR
Fund ObjectiveCapital Growth & Liquidity
Minimum Subscription AmountSAR 500
Subscription & Redemption PeriodDaily basis
Valuation DaysAll business days
Initial Subscription FeeNo fees
Management Fees0.55% per annum
Custodian Fees

Higher of 0.06% p.a. or SAR 60,000 minimum per annum

In case of the fund size less than SAR 60M, the minimum fees will be SAR 45,000 p.a.