Approved By CMA on 9th December 2015

Risk Profile: High Fund Currency: SAR Unit Price Inception: SAR 1,000


Wasatah Saudi Equity Fund is a shariah compliant open-ended investment fund that aims to achieve mid and long-term appreciation and provide its investors with returns in excess of the benchmark. The fund shall invest in stock listed on the Saudi Stock Exchange, including IPO, right issues and rump offerings, other similar strategy equity funds and IPO funds. Fund reinvests all realized capital gains and/or any investment income and shall not make any dividend distributions to its unit holders..


  • Fund shall invest in stock listed on the Saudi Stock Market.
  • Fund can invest in IPOS, right issues and rump offerings.
  • Fund shall invest in other similar strategy equity fund and IPO funds.
  • Fund shall look for fundamentally good investment opportunities having attractive risk-return profile.
  • The Fund may also, invest in shariah-compliant REITs and stocks listed on Nomu Market.
  • • Fund may also, from time to time, invest in short-term Islamic money market instruments.
Fund’s Currency SAR
Risk Profile High
Inception Date 01/02/2016
Fund Type Open Ended Public Fund
Subscription & Redemption Twice a week
Fund Manager Wasatah Capital
Custodian Albilad Capital
Regulator Capital Market Authority
Auditors BDO
Sharia’h Advisors Sharia’h Review Bureau
Benchmark Ideal Ratings Saudi Islamic Index
Subscription Fee 1.00% of Subscription
Management Fee 1.25% per annum
Administration & Custody Fee Up to 0.80% per annum
Redemption Fees Not applicable
Other Fees Refer to Terms & Conditions
Min Initial Participation SAR 10,000/-
Min Additional Participation SAR 5,000/-
Min Required Balance SAR 10,000/-
Dealing Days Monday & Wednesday
Valuation Day Every business Day

* Refer to Fund Terms & Conditions for detailed Fund Information, Fees and Expenses and other information


Quarterly Information - Wasatah Saudi Equity fund as the end of First Quarter 2021.

Top Holdings as of first day of the quarter  
Rank Name Holding Holding Value
(in million SR)
1 Saudi Basic Industries 9.84% 0.97  
2 Al Rajhi Bank 9.57% 0.95  
3 Dr. Sulaiman Al Habib Medical Services Group 6.87% 0.68  
4 Saudi Arabian Oil Co. 6.59% 0.65  
5 AL Maather REIT Fund 4.85% 0.48  
6 Saudi Telecom Co 4.65% 0.46  
7 United Electronics Co 4.65% 0.46  
8 Al Rajhi REIT Fund 3.93% 0.39  
9 Sahara International Petrochemical Co. 3.26% 0.32  
10 Musharaka REIT Fund 2.85% 0.28  
Fees and Expenses  
% of total fees and charges of the quarter to the average of the net assets value of the fund.     0.79%
The amount and percentage of the quarter’s dealing expenses to the public fund’s average net assets value.     0.03%
The amount related to dealing expenses for quarter       3419.36
Fund Manager's Investment in the fund as the end of the Quarter  
Fund Name Name Holding Holding Value
(in million SR)
Wasatah Saudi Equity Fund Wasatah Capital 69.05% 7.50  
Standards and index to measures the risks    
  Fund Benchmark    
Standard Deviaton 6.64% 9.49%    
Beta 0.66 1    
* Sharpe Ratio 0.51        
Fund’s performance standards and index.
  Performance Since Inception YTD This Month This Quarter
Wasatah Saudi Equity Fund 49.95% 9.29% 6.36% 9.29%
Benchmark - IDEALRATING Saudi Index 96.93% 14.26% 7.87% 14.26%
Return on investment in the fund
  Since Inception 49.95%
  For 3 Years 21.71%
  For 5 Years 37.48%
  For 10 Years N/A
Amount and % distributed profit in the quarter.
Percentage of borrowings to the fund’s net assets value at the end of the quarter.

Olaya Main Street
P.O. Box 50315, Riyadh 11523
Kingdom of Saudi Arabia
Tel: +966 11 494 4067
Fax: +966 11 494 4205

Wasatah Saudi Equity Fund @