Derayah Saudi Equities Fund gets CMA nod on Tadawul listing

02/10/2023 Argaam
Logo of Derayah Financial

Logo of Derayah Financial

The Capital Market Authority (CMA) approved today, Oct. 2, Derayah Financial Co.'s request to offer units of Derayah Saudi Equities Fund on the Saudi Exchange (Tadawul).

 

An investment decision without reading the 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's investment strategy, objectives and risk factors.

 

This helps potential investors evaluate the viability of investing in the fund, taking into consideration the associated risks. If the T&Cs prove to be difficult to understand, it is recommended to consult an authorized financial advisor.

 

The CMA's approval of the fund should never be considered as a recommendation to invest in it.

 

The authority’s approval of the fund merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.

 

 

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