26 November, 2024
Announcement by Saudi Economic and Development Securities Company (SEDCO Capital) Regarding an Update of the Terms and Conditions of SEDCO Capital Multi Asset Traded Fund
Saudi Economic and Development Securities Company (SEDCO Capital) announces an update of the terms and conditions of SEDCO Capital Multi Asset Traded Fund as of 24/05/1446H corresponding to 26/11/2024G.
a summary of the main updated items are as follows:
- Update the valuation and publication of the Fund’s assets and related clauses: The Fund Manager will evaluate the Fund’s assets per unit on a quarterly basis instead of a semi-annual basis, (on March 31st, June 30th, September 30th, and December 31st every calendar year), and will publish the net asset value of the unit by the 10th day of the end of the quarter, and when none of those days is a Business Day, the Valuation Day will be the next Business Day , and shall be published on the Fund Manager’s website, and the website of the Saudi Stock Exchange «Tadawul».
The updated terms and conditions can be viewed through the Fund’s file on Tadawul website, in addition to the Fund Manager’s website