Adeem Bin Saedan ALFURSAN Villas Real Estate Fund
Overview of the fund
Fund Name
Adeem Fund of IPO Funds
Fund Manager
Adeem Capital
Fund Currency
Saudi Riyal
Fund Category
Open-ended, Sharia Compliant
Benchmark Index
Adeem Capital Sharia IPO Index
Minimum Subscription
SAR 10,000
Dealing/Valuation days
Monday & Thursday every week
Subscription Fees
Maximum 1.5%
Management Fees
1.5% annually
Administrator Fees
0.06% annually – (Please Review Fund’s Terms & Conditions for details)
Redemption Fees
Maximum 1% during the first 30 days post-subscription
Custody Fees
0.5% annually
Unit Price (Offering)
SAR 10
Offering Date
3rd of January 2016, and start March 1st 2016
Subscribe/Open account
To subscribe, you need to have an account with Adeem capital so please visit our offices to submit subscription request at the following locations:
Adeem Capital Head Office – Riyadh
8090 King Fahd Branch Road - Al Muhammadiyah Unit No. 1 Riyadh 12363 - 4411 Kingdom Of Saudi Arabia
Tel: +966126686869
fax: +966112730799
Adeem Capital – Jeddah Branch
2091 Prince Mohammed Bin Abdulaziz Street Al-Andalus - Jameel square, Unit No. 802 Jeddah 23326- 8909
Tel: +966126686869
fax: +966112730799