026006
MEFIC Saudi Freestyle Equity Fund
MEFIC Capital
262.0667
NAV / Unit
As of: 2026-05-18
1M-1.51%3M+3.77%1Y+0.63%
262.0667
NAV / Unit
Latest Net Asset Value
+0.63%
1-Year Return
Trailing 12 Months
1.88%
Total Expense Ratio
Annual Fee Drag
16.98M SAR
Fund Size (AUM)
Total Net Assets
-0.22
Sharpe Ratio (1Y)
Risk-Adjusted Return
15.17%
Volatility (1Y)
Annualised Std. Dev.
Fund Profile
The fund aims to achieve long-term capital growth by investing in Shariah-compliant companies listed on the Saudi stock market (TASI) and the parallel market (Nomu), as well as initial public offerings (IPOs) that have been listed for less than five years.
Fees & Costs
Maximum Allowable Fees
Management Fee
1.75%
Subscription Fee
2.00%
Redemption Fee
0.00%
Performance Fee
0.00%
Maximum fees permitted under the fund's Terms & Conditions.
Total Expense Ratio (TER)
Fund TER
1.88%
Peer Avg
2.62%
Actual Expenses — 2025 (Dec 31, 2025)
| Expense Item | Amount | % of AUM |
|---|---|---|
| Management Fees | 224,350 SAR | 1.46% |
| Other Expenses | 64,457 SAR | 0.42% |
| Total Expenses | 288,807 SAR | 1.88% |
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
403 SAR
4.0% of initial investment
fees paid
After 5 Years
1,387 SAR
13.9% of initial investment
fees paid
After 10 Years
3,084 SAR
30.8% of initial investment
fees paid
Performance
Sharpe Ratio
Sharpe Ratio (1Y)-0.22
Peer Avg (1Y)-0.67
Historical Returns
| Period | Return | Relative (vs Peers) |
|---|---|---|
| 3 Months | +3.77% | +6.43% |
| 6 Months | +6.69% | +10.35% |
| 1 Year | +0.63% | +6.65% |
| 3 Years (Ann.) | +8.65% | +2.09% |
| 5 Years (Ann.) | +7.82% | -0.54% |
Risk Metrics
Volatility (1Y)15.17%
Beta (5Y)1.03
Alpha (5Y, Ann.)+6.70%
Holdings
By Sector
- Banks24.40%
- Insurance16.50%
- Materials15.50%
- Telecommunication Services14.30%
- Software & Services9.10%
- Energy9.00%
- Transportation7.20%
- Health Care Equipment & Svc4.00%
Fund Financials — 2025 (Dec 31, 2025)
| Total Income | -742,124 SAR |
| Total Expenses | 288,807 SAR |
| Net Income | -1.03M SAR |
| Total Assets | 15.42M SAR |
| Total Liabilities | 46,175 SAR |
| Net Asset Value | 15.37M SAR |
| Units in Issue | 64,640 |
| NAV per Unit | 237.8112 SAR |
Fund Managers
Board Members
- Abdulrahman bin Mohammed Al-GhurairiBoard Chairman - Non-Independent Member
- Meshal bin Ibrahim Al-MaarikIndependent Board Member
- Abdulrahman bin Sulaiman Al-AmirIndependent Board Member
Shariah Advisors
- Mohammed Ahmed Al-SultanShari'a Advisor
- Faraz AdamShari'a Consultant
More Equity funds
Explore MEFIC Saudi Freestyle Equity Fund's Full Profile
Usool Research tracks MEFIC Saudi Freestyle Equity Fund's fees, performance, holdings and financials — structured and updated from every filing.
Start Exploring → Sign up free and explore the data.