CMA approves public offering of Alistithmar Capital Quarterly Dividend Fund

The Capital Market Authority (CMA) gave the green light for Alistithmar Capital to float the units of Alistithmar Capital Quarterly Dividend Fund, according to a CMA statement.

An investment decision without reading the relevant terms and conditions (T&Cs) carefully or fully reviewing its content may involve high risk.

Therefore, investors should carefully read the T&Cs which include detailed information on the fund, investment strategy and risk factors. In addition, investors should carefully study the T&Cs to be able to assess the feasibility of taking into consideration the associated risks.

If the T&Cs prove difficult to understand, it is recommended to refer to the fund manager for more information.

The CMA's approval should never be considered as a recommendation to subscribe to the fund. The approval merely means that the legal requirements as per the Capital Market Law and its Executive Regulations have been met.

Alistithmar Capital is a closed joint-stock company with a paid-in capital of SAR 250 million. It is a wholly-owned subsidiary of Saudi Investment Bank (SAIB).