SICO Capital Money Market Fund


The SICO Capital Money Market Fund is an open-ended mutual fund. The principal investment objective of the fund is to invest in Shariah-compliant money market funds, placements, and other money market instruments in order to maximize medium-term capital growth while preserving the invested capital by investing in Saudi riyals, US dollars, and GCC currencies.

Price & Fees
One-Month SAIBOR

4337

Inception Date

June 1, 2016

Fund Term

Closed-Ended


Fund Size

SAR 220 million

Price at Inception

SAR 10.0

Current Unit Price

SAR 7.68


Min. Subscription

SAR 10,000

Management Fee

0.30% per annum

Dealing Days

12:00 Noon on all business days in Saudi Arabia