| Element List | Explanation |
|---|---|
| Introduction | Alkhabeer Capital announces the approval of the unitholders and the Capital Market Authority of a fundamental change to Alkhabeer Growth and Income Traded Fund |
| Change Effective Date | 2026-06-29 Corresponding to 1448-01-14 |
| Change Details | Kindly refer to the attachment for the details of the fundamental changes. |
| Attached Documents | Attached Documents |
Announcement by Alkhabeer Capital regarding Fundamental changes to Alkhabeer Growth and Income Traded Fund
AI Summary
- The Alkhabeer Growth & Income Traded Fund will change from a closed-ended traded fund to an open-ended public equity investment fund following Capital Market Authority approval.
- The fund units are scheduled to be delisted from the Saudi Exchange (Tadawul) with the category conversion effective May 20, 2026 (03/12/1447H).
- Subscription fees will be reduced from 2.0% to a maximum of 1.0%, and a minimum subscription and redemption amount of 1,000 Saudi Riyals will be established.
- Dealing days will transition to Sundays and Tuesdays, with redemptions paid no later than the close of business on the fifth day following the valuation day.
Attachments
