21 Dec, 2022

Saudi CMA approves three new investment funds by anb capital

The Capital Market Authority (CMA) has issued its resolution approving the public offer by anb capital, of 1) “anb capital Dividends Equity Fund (Shariah)”, 2) “anb capital Opportunistic Fund”, and 3) “anb capital Opportunistic Fund (Shariah)”

anb capital Asset Management has expanded its public funds range with three new local equity funds, with the launching over the coming weeks. Terms and conditions of the funds will be published then.

The CMA’s approval of the fund should never be considered as a recommendation to subscribe to the fund. It means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.

CMA announcements: https://cma.org.sa/en/Market/NEWS/Pages/default.aspx