An open-ended public investment Fund compliant with Shariah Guidelines and Controls, investing in Saudi stocks that adhere to Shariah guidelines.
The Fund aims to achieve long-term capital growth for Unitholders by investing primarily in the Master Fund (SEDCO Capital Passive US Equities Fund), which is Shariah-compliant and registered in Luxembourg. The Master Fund was established by the Saudi Economic and Development Securities Company (SEDCO Capital) through the SEDCO Capital Global UCITS platform in Luxembourg.
The Feeder Fund specifically targets investment in the Master Fund, which in turn invests in all or a significant portion of the underlying securities of the Dow Jones Islamic US Market 5/10/40 Index (Bloomberg ticker symbol: DJIUSUUN) with the aim of achieving long-term capital growth.
