CMA OKs public offering of King Faisal University Endowment Fund units

22/05/2024 Argaam
Logo ofKing Faisal University

Logo of King Faisal University

The Capital Market Authority (CMA) approved Albilad Investment Co.’s request to offer units of King Faisal University Endowment Fund in a public offering.

 

An investment decision without reading the terms and conditions (T&Cs) carefully or fully reviewing its content may involve high risks. Therefore, investors should carefully read the T&Cs, which include detailed information on the fund, investment strategy, and risk factors. They help potential investors evaluate the viability of investing in the fund taking into consideration the associated risks, the CMA said in a statement.

 

If the T&Cs prove to be difficult to understand, it is recommended to consult an authorized financial advisor, the CMA added.

 

The market regulator’s approval of the fund’s offering should not be considered as a recommendation to invest in it. It merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met, the statement indicated.

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