002030
Comprehensive Equity Fund
Al Nefaie Investment Group
6.7299
NAV / Unit
As of: 2025-02-24
1M-2.13%3M+1.40%1Y-14.86%
6.7299
NAV / Unit
Latest Net Asset Value
-14.86%
1-Year Return
Trailing 12 Months
10.47%
Total Expense Ratio
Annual Fee Drag
1.39M SAR
Fund Size (AUM)
Total Net Assets
-1.47
Sharpe Ratio (1Y)
Risk-Adjusted Return
12.83%
Volatility (1Y)
Annualised Std. Dev.
Fund Profile
Aims to develop capital over the medium and long term by investing in shares of companies listed on the stock markets and initial public offerings in the Kingdom of Saudi Arabia and the Middle East and North Africa countries, in accordance with Shariah investment controls.
Fees & Costs
Maximum Allowable Fees
Management Fee
1.75%
Subscription Fee
1.50%
Redemption Fee
0.00%
Performance Fee
--
Maximum fees permitted under the fund's Terms & Conditions.
Total Expense Ratio (TER)
Fund TER
10.47%
Peer Avg
2.56%
Actual Expenses — 2024 (Dec 31, 2024)
| Expense Item | Amount | % of AUM |
|---|---|---|
| Management Fees | 49,003 SAR | 3.21% |
| Custody Fee | 20,000 SAR | 1.31% |
| Audit Fee | 46,000 SAR | 3.01% |
| Directors' Fee | 8,000 SAR | 0.52% |
| CMA Fee | 7,500 SAR | 0.49% |
| Tadawul Fee | 5,750 SAR | 0.38% |
| Other Expenses | 13,125 SAR | 0.86% |
| Total Expenses | 159,728 SAR | 10.47% |
Cost of Investing — Hypothetical 10,000 SAR Investment
Assuming 5% annual return before fees, this is the estimated SAR amount paid in fees over time.
After 1 Year
1,240 SAR
12.4% of initial investment
fees paid
After 5 Years
5,530 SAR
55.3% of initial investment
fees paid
After 10 Years
10,977 SAR
109.8% of initial investment
fees paid
Performance
Sharpe Ratio
Sharpe Ratio (1Y)-1.47
Peer Avg (1Y)-0.66
Historical Returns
| Period | Return | Relative (vs Peers) |
|---|---|---|
| 3 Months | +1.40% | +4.05% |
| 6 Months | -5.97% | -2.39% |
| 1 Year | -14.86% | -8.95% |
| 3 Years (Ann.) | -14.94% | -21.70% |
| 5 Years (Ann.) | -3.94% | -12.42% |
Risk Metrics
Volatility (1Y)12.83%
Beta (5Y)0.66
Alpha (5Y, Ann.)-11.00%
Fund Financials — 2024 (Dec 31, 2024)
| Total Income | 127,338 SAR |
| Total Expenses | 159,728 SAR |
| Net Income | -371,643 SAR |
| Total Assets | 2.16M SAR |
| Total Liabilities | 634,547 SAR |
| Net Asset Value | 1.53M SAR |
| Units in Issue | 225,469 |
| NAV per Unit | 6.7700 SAR |
Fund Managers
Fund Manager
- Al-Nefaie Investment GroupFund Manager
Board Members
- Abdullah Abdulkarim Al-SudaisBoard Chairman - Non-Independent Member
- Majdi Abdulaziz AshqarIndependent Board Member
- Abdullatif Mohammed Abdulrahman BashaikhIndependent Board Member
Shariah Advisors
- Yousef Abdullah Al-ShubailyShari'a Advisor
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