Asset Management

Saudi Opportunities Fund


Open-ended Fund aims to invest according to the Shari'ah guidelines, and to achieve long term capital appreciation through investing primarily in the equities of the Saudi listed companies of the Saudi Stock Exchange “Tadawul”. The Fund will not distribute any dividends to the unit holders and will reinvest the profits and dividend distributions in the Fund.

Investment Process

Investing primaraily in the equities of the Saudi listed companies and tradable index Funds of the Saudi Stock Exchange “Tadawul”, also in the local public IPOs “if possible”.

The cash may be invested in the money market funds which are compatible with the Shari'ah guidelines, the Fund manager will conceder the unit holders’ interest while choosing such funds.

The Fund Manager may in exceptional circumstances decide to retain 50% of the Fund's assets in cash.

Fund Board members
  • Mr. Daniel R. Asmar- Chairman
  • Mr. Saad A. Al Qahtani - Independent Member
  • Mr. Saud M. Al Sabhan – Independent Member

Terms of the Fund

Fund Manager Audi Capital
Business Days Kingdom Banking working day
Fund Category Stock Local Islamic
Fund Classification Growth
Base Currency Saudi Arabia, Riyals
Inception Date 01/06/2015G
Inception Price 10
Fund Sub Category Shari'ah Compliant
Fund Benchmark S&P Saudi Equities Sharia Index

Fund Performance

Year YTD
2018  15.70%
2017 -1.03%
2016 5.40%
2015 -15.68%


Monthly Fact Sheet
Memorandum: Arabic - English
Voting Policy: Arabic - English
Annual Report 2018
Semi Annual Report 2017
Quarterly Reports to Unit Holders:
Q1-2018 | Q2-2018 | Q3-2018 | Q4-2018 | Q1-2019 | Q2-2019
Reporting to Unit Holders
Financial Statements:
Annual Arabic - English Arabic - English Arabic - English Arabic - English
Semi Annual   Arabic - English Arabic - English Arabic - English
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