012058
Health Associations Endowment Fund
Al Rajhi Capital
1.0287
NAV / Unit
As of: 2026-05-19
1M+1.47%3M+0.43%1Y+0.81%
1.0287
NAV / Unit
Latest Net Asset Value
+0.81%
1-Year Return
Trailing 12 Months
0.40%
Total Expense Ratio
Annual Fee Drag
14.77M SAR
Fund Size (AUM)
Total Net Assets
-0.50
Sharpe Ratio (1Y)
Risk-Adjusted Return
6.34%
Volatility (1Y)
Annualised Std. Dev.
Fund Profile
The fund aims to support health associations in Saudi Arabia by investing and developing their assets to enhance their value and capital. It distributes at least 70% of annual net profits to participating health associations to support their medical services, rehabilitation programs, and infrastructure development.
Fees & Costs
Maximum Allowable Fees
Management Fee
0.40%
Subscription Fee
0.00%
Redemption Fee
--
Performance Fee
10.00%
Maximum fees permitted under the fund's Terms & Conditions.
Total Expense Ratio (TER)
Fund TER
0.40%
Peer Avg
1.07%
Actual Expenses — 2025 (Dec 31, 2025)
| Expense Item | Amount | % of AUM |
|---|---|---|
| Directors' Fee | 30,000 SAR | 0.21% |
| Other Expenses | 27,087 SAR | 0.19% |
| Total Expenses | 57,087 SAR | 0.40% |
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
92 SAR
0.9% of initial investment
fees paid
After 5 Years
549 SAR
5.5% of initial investment
fees paid
After 10 Years
1,371 SAR
13.7% of initial investment
fees paid
Performance
Sharpe Ratio
Sharpe Ratio (1Y)-0.50
Peer Avg (1Y)-0.50
Historical Returns
| Period | Return | Relative (vs Peers) |
|---|---|---|
| 3 Months | +0.43% | +0.07% |
| 6 Months | -0.70% | -1.80% |
| 1 Year | +0.81% | -2.37% |
| 3 Years (Ann.) | -- | -- |
| 5 Years (Ann.) | -- | -- |
Risk Metrics
Volatility (1Y)6.34%
Holdings
By Asset Class
- Equity securities40.29%
- Sukuk47.45%
- Units of mutual funds12.26%
By Sector
- Financial20.29%
- Energy14.33%
- Information Technology4.59%
- Material6.32%
- Telecommunication Service11.31%
- Industrial5.87%
- Utilities4.36%
- Healthcare3.71%
- Real Estate28.34%
- Consumer Discretionary0.85%
- Consumer Staples0.05%
By Stock (Mutual Funds)
- Al Rajhi Indirect Financing Fund*30.00%
- Alra'idah Financing Fund36.00%
- Al Rajhi Awaeed Fund*1.00%
- Al Rajhi Indirect Financing Fund 2*33.00%
Fund Financials — 2025 (Dec 31, 2025)
| Total Income | 132,189 SAR |
| Total Expenses | 57,087 SAR |
| Net Income | 75,102 SAR |
| Total Assets | 14.38M SAR |
| Total Liabilities | 82,087 SAR |
| Net Asset Value | 14.30M SAR |
| Units in Issue | 14.31M |
| NAV per Unit | 1.0000 SAR |
Fund Managers
Fund Manager
- Al Rajhi CapitalFund Manager
Board Members
- Saleh bin Diab Al-DaraanBoard Chairman - Non-Independent Member
- Anas bin Abdullah Al-EissaNon-Independent Member
- Abdulhamid bin Mohammed ShehatNon-Independent Member
- Talaat bin Hamza Al-WaznaNon-Independent Member
- Ali bin Abdullah Al-SaqaihIndependent Member
- Ahmed bin Abdullah Al-KabeerIndependent Member
Shariah Advisors
- Saleh bin Mansour Al-JarbouChairman of the Sharia Committee
- Saad bin Turki Al-KhathlanMember of the Sharia Committee
- Abdullah bin Mohammed Al-LuhidanMember of the Sharia Committee
More Multi-Asset funds
Explore Health Associations Endowment Fund's Full Profile
Usool Research tracks Health Associations Endowment Fund's fees, performance, holdings and financials — structured and updated from every filing.
Start Exploring → Sign up free and explore the data.