27.03.2016
Dear Customer,
We would like to inform you that, we have amended the paragraph "Fund Strategy" in the terms and conditions of the AlYusr Alawwal Invest IPO Fund (after obtaineding CMA approval)as follows:
“The Fund will invest and focus on Shariah IPOs companies listed in the Saudi stock market and newly listed on the Saudi stock market during the first five years from the date of listing, up to a limit of 100% of its net asset value and not less than 25% of it”.
Note that the effective date for implementing the above changes will be 60 days from the date of this message.
For further clarification, please read the Terms and Conditions of each Fund available on Alawwal Invest or Tadawul websites, or contact your Alawwal Invest Wealth Manager.
Contact Information:
Call Center toll-free number 800 124 2442
Sincerely,
Asset Management
Alawwal Invest