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Alinma Investment Company announces the quarterly reports of Alinma Saudi Government Sukuk ETF Fund - Short Maturity for the First quarter of 2021, please visit the link below for details:
http://www.alinmainvestment.com/wps/portal/investmentNew/AlinmaInvestment/Menu/ETFs/sukukonline
Alinma Investment Company announces that Alinma Saudi Government Sukuk ETF Fund - Short Maturity annual audited results are available to public. The following is a summary of the annual financial results for the period ended on 31/12/2020:
1. Net asset on the end of period: (1,255,751,924)SAR
2. Total expenses and fees for the period: (4,094,597)SAR
3. Net profit (loss) for the period of (23,751,924)SAR
4. Number of outstanding units in the end of period (12,500,000) units
5. Net unit value. (103.30)
6. Revenue of the period (3.3)%
For the Funds Annual Financial reports, please visit:
https://www.alinmainvestment.com/wps/portal/investmentNew/AlinmaInvestment/Menu/ETFs/sukukonline
Alinma Investment Obtain CMA Approval to Offer and Register Units of Alinma Saudi Government Sukuk ETF Fund - Short Maturity
Alinma Investment Company has obtained the approval of the CMA for its request to offer and register the units of “Alinma Saudi Government Sukuk ETF Fund - Short Maturity” in the market as an ETF units. The establishment of this fund is a continuation of the numerous investment products and solutions offered by Alinma Investment Company to keep pace with the aspirations and objectives of its investor partners of all segments.
On this occasion, Mr. Mazen Bin Fawaz Baghdadi, CEO of Alinma Investment Company, has expressed his gratitude to the Capital Market Authority for its endless support and approval to offer and register the fund's units.
Commenting on the fund's features and advantages, Mr. Mazen stated that the fund is characterized by the low-risk investment instruments and that it seeks to distribute periodic rewarding returns to unitholders, which makes the fund suitable for the investors who prefer low-risk investment products with reasonable financial returns and distributions. Mr. Mazen also added that the fund is of relatively low expenses fees and a high level of transparency in addition to its units being traded in the market. He also emphasized on the Fund’s compatibility with the sharia regulations, as the case is with all the products and services offered by Alinma Investment Company.
Mr. Mazen further stated that the Fund has been structured in cooperation with reputed international service providers that have outstanding experience in such field, which will undoubtedly raise the level of services provided to the Fund and its unitholders to the best practices in the market.
Baghdadi also added that the subscription in the Fund's units during the initial offering period will be available to all investors of all segments at a price of SAR 100 per unit and a minimum of SAR 5,000. Partners can apply to the fund through the various electronic channels provided by Alinma Investment Company or by visiting the nearest branch of the company.
It worth mentioning that Alinma Investment represents the investment arm of Alinma Bank and is authorized by CMA as per License No. 37-09134 to practice dealing as Principal and Agent, underwriting, managing, arranging, providing advisory and custodial services with respect to securities business. Alinma Investment Company has also introduced a variety of investment services and products with assets under management that currently exceed 60 billion Saudi Riyals, ranging from real estate funds, income-generating funds, private equity funds, endowment funds, public investment funds for capital markets, discretionary portfolios and much more products and services.
Alinma Investment Company Announces the availability of Semi- annual Report for Alinma Saudi Government Sukuk ETF Fund - Short Maturity, including the Financial Results for the period Ended 30/06/2020.
Alinma Investment Company announces the availability of semi-annual reviewed results.
The following is a summary of the semi-annual financial results for the period from 01/01/2020 to 30/06/2020.
1. Net asset value at the end of the period: 1,258,645,054 SAR
2. Total expenses and fees at the end of the period 1,797,583 SAR
3. Net profit at the end of the period: 8,645,054 SAR
4. Number of unit outstanding: 12,500,000 units
5. Net asset value per unit: 103.71 SAR
6. Net return: 3.70 %
For the Funds Annual Financial reports, please visit:
