The Capital Market Authority announces the Approval of Real Estate Investment Traded Fund "JADWA REIT ALHARAMAIN FUND".
Monday, March 27, 2017 at 3:56 PM
Mon Mar 27, 2017 15:56
The CMA Board has issued its resolution approving Jadwa Investment request to offer, register and list JADWA REIT ALHARAMAIN FUND units on the Saudi Stock Exchange (Tadawul) as real estate investment traded fund.
JADWA REIT ALHARAMAIN FUND terms and conditions (T&Cs) shall be available on the fund manager’s website and the Capital Market Authority's (CMA) website. The T&Cs must include all relevant information that the investor needs to know before making an investment decision.
An investment decision without reading the T&Cs carefully or fully reviewing its content may involve high risk. Therefore, investors should carefully read the T&Cs, which includes detailed information on the JADWA REIT ALHARAMAIN FUND strategy, objectives and risk factors. Thus, providing potential investors the ability to evaluate the viability of investing in the JADWA REIT ALHARAMAIN FUND, taking into consideration the associated risks. If the T&Cs prove difficult to understand, it is recommended to consult with an authorized financial advisor prior to making any investment decision.
The CMA’s Board approval of the JADWA REIT ALHARAMAIN FUND should never be considered as a recommendation to invest in it. The Board's approval of the JADWA REIT ALHARAMAIN FUND merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.