CMA OKs public offering of Al Rajhi Large-Cap Fund

25/06/2024 Argaam
Logo ofAl Rajhi Capital

Logo of Al Rajhi Capital


The Capital Market Authority (CMA) approved Al Rajhi Capital’s request to offer units of Al Rajhi Large-Cap Fund in a public offering, according to a statement today, June 25.

 

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

 

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Therefore, investors should carefully read the T&Cs, which include detailed information on the fund, investment strategy, and risk factors, to evaluate the viability of investing in the fund given the associated risks.

 

If the T&Cs prove to be difficult to understand, it is recommended to consult the fund manager, it added.

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